#volatility

Freight Futures weekly curve: 6/29

Freight Futures data to watch:Weekly spot contract settlement changes

It was a strong week across the board for the Trucking Freight Futures markets with the spot National contract (FUT.VNU202006) rising $0.046, or 3.1%, to $1.526 per mile. The South regional contract (FUT.VSU202006) rose a solid $0.06, or 4.5% week-over-week, to $1.390. The East regional contract (FUT.VEU202006) posted a solid $0.059 gain to finish the week higher by 0.4%, to $1.521, and the West regional contract...

https://www.freightwaves.com/news/freight-futures-weekly-curve-6-29

Freight Futures weekly curve: 6/22

Freight Futures data to watch:Weekly spot contract settlement changes

It was a mostly positive week for the Trucking Freight Futures markets as gains in the South and East helped push the spot National contract (FUT.VNU202006) higher by 0.4% to $1.480 per mile. The South regional contract (FUT.VSU202006) rose $0.019, or 1.45% week-over-week, to $1.330, with the East regional contract (FUT.VEU202006) finishing the week higher by 0.55% to $1.462. The West regional contract (FUT.VWU202006) slid...

https://s29755.pcdn.co/news/freight-futures-weekly-curve-6-22

LTL carriers adjust as freight volumes heat up

Trucking volumes are heating up as we enter the heat of the summer. As the country continues to wrestle with COVID-19, the steady rise in volumes has become a positive sign that freight is recovering. This is much to the delight of less-than-truckload (LTL) carriers, as many have struggled to stay afloat amid the pandemic.

Chad Crotty, vice president of sales at DDC FPO (of The DDC Group), addressed the rising volumes and discussed how LTL carriers can adapt to the upward-trending market with...

https://s29755.pcdn.co/news/ltl-carriers-adjust-as-freight-volumes-heat-up

Freight Futures weekly curve: 6/15

Freight Futures data to watch:Weekly spot contract settlement changes

It was an overall strong week for the Trucking Freight Futures markets as 10 of the 11 spot month contracts posted gains for the week. The spot National contract (FUT.VNU202006) ended the week 0.55% higher to $1.474 per mile, driven by the East regional contract (FUT.VEU202006), which rose $0.02, or 1.4%, to $1.454. The South regional contract (FUT.VSU202006) rose 0.4% week-over-week to $1.311, as did the West regional...

https://s29755.pcdn.co/news/freight-futures-weekly-curve-6-15

Freight Futures weekly curve: 6/8

Freight Futures data to watch:Weekly spot contract settlement changes

It was a mixed week for the Trucking Freight Futures markets as the spot National contract (FUT.VNU202006) ended the week 0.4% higher to $1.466 per mile, driven by the South regional contract (FUT.VSU202006), which rose $0.024, or 2.3%, to $1.306. The East regional contract (FUT.VEU202006) dropped 0.2% week-over-week to $1.434 as did the West regional contract (FUT.VWU202006), which slipped a fraction to $1.658. 

On the...

https://s29755.pcdn.co/news/freight-futures-weekly-curve-6-8

Freight Futures daily curve: 6/1

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

Freight Futures daily curve: 5/7

Freight Futures contract to watch today:Spot month futures price changes

The Trucking Freight Futures markets appear to have found their footing on Wednesday after falling off a cliff earlier this week. The spot National contract (FUT.VNU202005) rose a fraction to  $1.358 per mile, as did both the West regional (FUT.VWU202005) and the South regional (FUT.VSU202005) contracts, which inched up to $1.461 and $1.205, respectively. The East regional average (FUT.VEU202005) slipped a fraction to...

https://www.freightwaves.com/news/freight-futures-daily-curve-5-7

Kirby posts first quarter losses, citing Covid-19 and oil patch slowdown

The effects of a sliding oil market and the coronavirus are starting to be felt by the nation’s largest tank barge operator, with Kirby Corp. posting a $248.5 million net loss for the first quarter of 2020.

The loss is notable as the Houston-based barge line had reported a profit of $44.3 million for the first four months in 2019 and had a relatively good financial year that included several important acquisitions and occurred despite difficult operating conditions caused by prolonged high water...

https://www.workboat.com/news/coastal-inland-waterways/kirby-posts-first-quarter-losses-citing-covid-19-and-oil-patch-slowdown/

Freight Futures daily curve: 5/5

Freight Futures contract to watch today: May ‘spot’ contract

The Trucking Freight Futures markets went off a cliff on Monday, posting the largest single-day drop across the board since launch, as the market recalibrated after the April-to-May contract roll. The spot National contract (FUT.VNU202005, FUTC1.VNU) fell $0.063, or 4.4%, to  $1.356 per mile. The East regional average (FUT.VEU202005) slid $0.068 (4.6%) lower to $1.411 as did the West regional contract (FUT.VWU202005) — down $0.056...

https://www.freightwaves.com/news/freight-futures-daily-curve-5-5

Freight Futures daily curve: 5/4

Freight Futures data to watch today:May “spot” month settlement prices

Friday marked the first trading session for the May “spot” month Trucking Freight Futures contracts. The spot National contract (FUT.VNU202005) settled unchanged at $1.419 per mile, nearly $0.10 above where April closed and moved to expiration. The East regional average (FUT.VEU202005) ended 0.74% lower at $1.479. Both the West regional contract (FUT.VWU202005) and the South regional contract (FUT.VSU202005) rose modestly, to...

https://www.freightwaves.com/news/freight-futures-daily-curve-5-4

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