
U.S. truckload spot rates remained well above year-ago levels in October as fewer available trucks gave carriers greater pricing power despite relatively flat freight volumes. Dry van spot rates averaged $3.05 per mile, while reefer and flatbed contract rates reached records; linehaul rates also rose sharply year over year.
Higher trucking rates raise the cost of moving feed grains and other agricultural inputs, even as the available-truck pool rather than stronger freight demand is driving the increase. This points to higher inland transport costs for buyers.
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.