# Carriers in auction mode; spot rates nearly $3/mile on national level - FreightWaves

> Carriers are holding capacity until the end of each day and auctioning it to the highest bidder. National spot truckload rates are approaching $3 per mile, and 51 of 100 Truckstop.com lane pairings are already above that level. Accepted tender volumes are rising year over year while tender rejections remain at historically high levels.

- Date: 2020-09-18 · published 2020-09-18T12:00:00.000Z
- Category: logistics · region US · magnitude low
- Page: https://feedsoft.ai/events/10419-carriers-in-auction-mode-spot-rates-nearly-3-mile-on-national-level-freightwaves
- Commodities: [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md)

## Why it matters

Tight truckload capacity raises domestic freight costs for feed deliveries and inbound ingredient hauling. Trucking rates have no direct effect on feed commodity prices.

## Sources

- freightwaves.com: https://www.freightwaves.com/news/carriers-in-auction-mode-spot-rates-nearly-3-mile-on-national-level

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.