Trucking contract rates up 12% year-over-year

Chart of the Week:  Van Contract Base Rate per Mile, Van Outbound Tender Rejection Index, Truckstop.com 7-day rate per mile Van– USA SONAR: VCRPMF.USA, VOTRI.USA, TSTOPVRPM.USA

Shippers spent 12% more per mile for dry van truckloads on average through most of the fourth quarter of 2020 than they did in 2019. That is according to FreightWaves’ newest dataset that measures trends in long-term rates (not spot rates) between shippers and van carriers, Van Contract Base Rate Rate per Mile (VCRPMF). 

Tr...

https://s29755.pcdn.co/news/trucking-contract-rates-up-12-year-over-year

‘I’ve got a lot of problems with you people!’

The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates. 

In an epic Seinfeld episode, Frank Costanza, the father of Jerry’s buddy George, gets fed up with the commercialization of the holidays and adopts a new celebration, “Festivus for the rest of us.” As he prepares to engage in one of the holiday’s primary rituals, the airing of grievances, Frank proclaims, “I’ve got a lot of problems with you people!” 

Frank’s words...

https://s29755.pcdn.co/news/ive-got-a-lot-of-problems-with-you-people