Reported about 9 hours ago
The gap between dry van truckload contract rates and spot rates in the U.S. has been narrowing steadily over the past 2.5 years, signaling a slow market tightening. This trend, driven by reduced capacity and consistent demand growth, follows a significant market collapse in spring 2022. While spot rates have recently begun to increase, the overall market remains uncertain, with many carriers cautious about a definitive recovery despite signs of improvement.
Source: YAHOO