Brief capacity crunch boosts US truckload spot rates

June 11, 2019 Jun 11, 2019 3:43PM EDT

[caption caption="Spot truck rates jumped 9.5 percent on average last week as freight surged, but prices could moderate again as early as this week. Photo credit: Shutterstock.com."][/caption]A sudden tightening of US truckload capacity sent spot market rates up sharply last week. The contraction in capacity was likely associated with an...

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