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FTR, Truckstop: Spot rates fall sharply despite surging fuel costs
Summary by thetrucker.com
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FTR, Truckstop: Spot rates fall sharply despite surging fuel costs
BEAVERTON, Ore. — Broker-posted spot rates in the Truckstop.com system fell sharply during the week ending July 24 despite the recent surge in fuel costs. “July is a reliably soft month for spot rates, but total spot rates fell by the most in nominal terms during a week 29 since 2022 even though diesel prices recently jumped about 56 cents in two weeks,” FTR said. “Historically, spot rates for dry van and, especially, refrigerated van equipment …
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