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What is the current outlook for truckload rates?

Posted by Avery Vise on Aug 26, 2021 1:03:31 PM

Avery Vise examines year-over-year changes in truckload rates and compares spot vs contract rates.

This Q&A response from The FTR Experts came from our July State of Freight webinar. View the video and the key takeaways below.

 
Key Takeaways:
  • It appears there will be a strong rate environment for quite a while, although it seems to have reached its peak.
  • Spot rates are peaking but will not see much moderation, meanwhile contract rates continue to build through year-end and will hold firm for some time after.

 

Tags: Economy, trucking, Truckload Rates, transportation, state of freight, spot rates, contract rates

 

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