Spot-contract gap collapses to near four-year low
Yahoo Finance·2026-01-18 09:30

Chart of the Week:  Spot (linehaul) to contract rate spread (fuel base at $1.20/gal) SONAR: NTIL12.USA The spread between dry van truckload spot rates and contract rates shrank at its fastest pace since the onset of COVID this past December, offering a clear signal of the trucking market’s growing fragility. The spot-to-contract spread is defined as contract rates (excluding fuel surcharge) minus the spot rate equivalent, with fuel surcharge removed from both. Contract rates—longer-term agreements—have ...