Historic trucking rate disparity could cripple service in late ’24

Chart of the Week: Van Contract Initial reporting of average base rate per mile, National Truckload Index removing estimated fuel costs above $1.20/mile – USA  SONAR: VCRPM1.USA, NTIL12.USA

Truckload contract rates (VCRPM1) continue to show strong elevation in relation to spot rates excluding estimated fuel costs above $1.20 a gallon (NTIL12). This historic spread — currently about 30% versus about 12% in 2019 — suggests there is an extraordinary amount of potential disparity among rates in...


Leave a Comment

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.