Spot Market Insights
10/03/2022
Spot volume eases, rates are steady in the latest week
The spot market changed little during the week ended September 30 (week 39) as total rates edged up slightly and volume declined modestly. Hurricane Ian did not make landfall in Florida until Wednesday afternoon, so it might have had only a minor impact on the weekly figures. However, both dry van and refrigerated saw notable load posting gains in the Southeast even as volume was down or rose only marginally in all other regions. Dry van rates ticked up slightly, but refrigerated rates fell.
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Each week, our VP's of Trucking & Rail provide expert insights on the current state of their respective industries, including a downloadable graphics package so you can stay one step ahead of your competition.
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State of Freight TODAY articles
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The Trucking Conditions Index represents five major conditions in the U.S. full-load truck market. These metrics are combined into a single index that tracks the market conditions that influence fleet behavior.
Shippers Conditions Index
This index represents four major conditions in the U.S. full-load freight market. These metrics are combined into a single index that tracks the market conditions that influence a shipper's freight transportation environment.