“The DAT US National Long Haul Van Freight Rate Index which measures the average long haul spot rate for dry van truckloads in the U.S. excluding fuel and other accessorial charges averaged $1.50/mile in June. This number fell well below expectations according to the freight futures settlement price which started the month over $1.66/mile, meaning futures market participants expected rates to be much higher than they were this June.” – According to the article in freightwaves.com and its author  Zach Strickland 

Read the full story HERE

Source and credits: freightwaves.com /  Zach Strickland, FW Market Expert & Market Analyst  / Mario Pawlowski CEO @ itrucker.com