Four models forecasting trucking spot rates in 2019

blog1

The trucking freight futures market expects a modestly strengthening price environment for the rest of the year. The forward curve, which charts the price of monthly trucking freight futures contracts expiring in the future, indicates that the market expects national average spot rates to stay above 2016 levels for the rest of the year, although upside volatility will not reach the peaks of 2017. 

June contracts are priced at $1.59 per mile, implying a significant bump up from current spot rates at $1.41/mile. That’s consistent with the traditional volume and price run-up seen most years in May and June. 

blog2.png

….Continue reading

Trucking Resource Management

OneStopMarketplace

Contact Us

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Blog at WordPress.com.

Up ↑

%d bloggers like this: