What can we learn from the truckload spot to contract rate spread?
Chart of the Week: Spot to contract rate spread (excluding estimated fuel costs above $1.20/gal, Van Outbound Tender Rejection Index – USA SONAR: RATES12.USA, VOTRI.USA The difference (spread) between dry van truckload spot and contract rates has risen to its most balanced level since the holiday season last year. While the weather has certainly played a role…