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.