Reported 15 days ago
Spot rates for dry van loads have surged by 5% as carriers reject contracted truckload tenders at a high rate, signaling a potential end to the Great Freight Recession. This rise comes ahead of the holiday shipping season, with the National Truckload Index showing overall increases in capacity and freight demands, particularly out of Los Angeles and Ontario, California. The upcoming holiday season is expected to be more volatile than 2023, as disruptions and increased demand shape the freight landscape.
Source: YAHOO