US reopenings spur uptick in spot truck rates

The slow, staggered reopening of the US economy is rebalancing trucking demand and supply, as capacity shifts from spot load boards to newly available contract freight. That is gradually pushing truckload spot rates higher, according to load board operator DAT Solutions, as the number of trucks available to pick up spot loads drops as volumes rise.

Higher shipment volumes in the busiest US spot truckload lanes helped push spot market pricing higher in the days leading up to Memorial Day, DAT Solutions said Wednesday.

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