Spot volume weakens but volatility looms

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Summary

Total rates are bolstered by rising diesel prices, which are running more than $1 a gallon higher than a year ago. However, both Truckstop.com and FTR expect volatility at least through the holidays due to the various supply chain constraints that the economy continues to experience. Total rates are bolstered by rising diesel prices, which are running more than $1 a gallon higher than a year ago. The national average spot reefer line-haul rate was $2.86, up 3-cents compared to the previous week, according to DAT. Load volumes in the Yakima Valley have led to tight reefer capacity in the region, which produces apples, pears, and other tree-fruit.

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