Contract accepted volumes from 2020 surpassed this year volumes for the first time late last week. The intersection coming at a time when spot rates have started pulling down contractual costs. According to DAT, domestic contract rates are coming in about $0.57/mile higher than spot rates. That’s a $0.07 decline from June on

Both Ontario and LA rejections drop to '19 levels as compliance increases to 98%. The significant shift in market share from the west coast to the east coast, accompanied with slowed consumer demand, may be to blame even as conditions have clearly improved out west; trans-pacific rates continue to decline as inbound TEU