spot market

For a long time, one of the clearest signs of how weak the freight market had become was the gap between spot rates and contract rates. Contract freight was paying better, spot freight was lagging behind, and a lot of small carriers were stuck trying to make bad numbers work. That gap is...

Truckload spot rates are finally moving in the right direction, but many truckers are finding that the improvement does not feel as good as the headlines make it sound. After a long stretch of weak freight, rates are rising again in several key segments. The problem is that diesel has surged so...