
The average U.S. dry-van spot rate rose to $3.05 per mile in October, its highest monthly average since February 2022, while reefer rates edged lower and flatbed rates were unchanged from September. Spot rates across all three freight categories were about 45% above year-earlier levels, and contract rates also increased or set records.
Higher truck freight rates can increase the cost of moving feed ingredients and finished feed, adding pressure to delivered prices. The figures indicate tighter or more expensive trucking capacity, even as fuel costs eased slightly month over month.
After 153 past logistics events, ULSD / Diesel moved a median +0.4% over 5 sessions (52% higher; middle half -2.7% to +4.0%), and +0.2% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.