Market Update: February 7, 2018

The perfect storm continued into January 2018 with constrained capacity and carriers showing confidence in obtaining rate increases that will stick.  January spot rates were up 35% versus 2017 and contract rate increase percentages are still expected to land in the mid to high single digits for this year.  Carriers are taking advantage of bid season to cover anticipated driver wage increases and productivity losses.

Spot Market Trends

Historic Per Mile Spot Market Rates