Contract van rates took a $0.14 hit from November to December. This marks the most significant MoM decrease in contractual rates this year. On the other hand, spot rates jumped $0.02 MoM, from $2.38/mile including fuel on average to $2.40, according to DAT. This marks the first increase in DAT’s spot rate
Seasonally adjusted Jobless claims are now at their highest point since August, jumping 17,000 WoW. Claims mimicking 2021 levels currently, however, in a much different landscape. Last year claims were starting to trend downward by the latter half of September, while claims this year have been rising intermitted over the same period.
The Brotherhood of Locomotive Engineers and Trainmen or the BLET agreed to approve a deal that would keep its 24,000 members from striking during the next legal protest period on December 9th. The SMART transportation division however, just barely failed to reach an agreement, with 50.87% of their members voting no on