Spot Market Insights
December 23, 2024
Spot rates post solid gains in the latest week
Broker-posted spot rates in the Truckstop system rose strongly during the week ended December 20 (week 51), especially for van equipment. The total market rate rose by the most since early October’s hurricane-related stress. Dry van’s gain basically matched its increase then. Refrigerated spot rates also were strong but have seen a couple of slightly larger gains since mid-October. Week 51 normally sees larger increases in van spot rates, but the week’s end usually is closer to Christmas.
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