Nothing less about less-than-truckload rates

Chart of the Week: Van Contract initial report base rate per mile, LTL Contract initial report average base rate per hundredweight – USA SONAR: VCRPM1.USA, LCWT1.USA

The freight market has been in a tailspin since the spring, but the less-than-truckload carriers are still increasing rates. Dry van truckload contract rates have fallen ~7% since June, according to FreightWaves invoice data. The same database shows about a 2% increase in LTL prices over the same time. Why do LTL carriers appear to...

https://www.freightwaves.com/news/nothing-less-about-less-than-truckload-rates

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