US contract dry van rates open 22-cent gap over spot

· Logistics · United States

The U.S. Bank Freight Payment Index – Rates Edition shows contract dry van rates rose every month since April to $2.39 a mile, while spot slid to $2.17. That reverses June's inversion, when spot ran above contract.

Why it matters：The contract-spot rate spread indicates shifting pricing power as carriers and shippers negotiate future contracts.

Key points

  • Contract dry van rates reached $2.39 a mile.
  • Spot rates fell to $2.17 a mile.
  • Contract rates have risen every month since April.

Sources (original reporting)

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