Freight Futures data to watch today:May to June Spot Contract Roll
Friday marked the last trading day for the May spot futures contracts, meaning on Monday, the June contracts will become the spot contracts. This is known as the “spot contract roll.” On Friday, as well as for the week, the May contracts finished mixed. The spot National contract (FUT.VNU202005) ended the week unchanged at $1.335 per mile. The East regional contract (FUT.VEU202005) dropped $0.022, or 1.63% week-over-week to...
https://www.freightwaves.com/news/freight-futures-daily-curve-6-1