Carriers surveyed by Cowen & Co. pulled in contract rate increases averaging 4.9% in the final weeks of the third quarter, according to a report released by the Wall Street firm.
According to the carrier survey that Cowen conducts each quarter, and which was released in mid-October, the 4.9% average increase was up from the 4.5% in the company’s second-quarter survey. The survey results previously had not been disclosed to the public.
The increase in the contract rates comes on the back of what...
https://www.freightwaves.com/news/cowen-survey-carriers-saw-almost-5-increase-in-rates-during-q3