Inconsistency is the only consistency in transportation over the past 4 years
Chart of the Week: Van Contract Initial Report, Van Outbound Tender Reject Index, Truckstop.com Average Van Spot Rate – USA SONAR: VCRPM1.USA, VOTRI.USA, TSTOPVRPM.USA
Trucking contract rates were still inflating as of early March, according to FreightWaves’ Van Contract Rate Index (VCRPM1), but spot and tender rejection rates are now in a free fall. The national average spot rate according to Truckstop.com has dropped...
https://www.freightwaves.com/news/freight-market-needs-lithium-during-rapid-swing-toward-bipolar-low