• DATVF.ATLPHL
    2.026
    0.053
    2.7%
  • DATVF.CHIATL
    1.929
    -0.026
    -1.3%
  • DATVF.DALLAX
    1.332
    0.051
    4%
  • DATVF.LAXDAL
    1.321
    -0.035
    -2.6%
  • DATVF.SEALAX
    0.968
    0.070
    7.8%
  • DATVF.PHLCHI
    1.196
    0.068
    6%
  • DATVF.LAXSEA
    2.159
    0.040
    1.9%
  • DATVF.VEU
    1.717
    0.032
    1.9%
  • DATVF.VNU
    1.536
    0.032
    2.1%
  • DATVF.VSU
    1.327
    0.009
    0.7%
  • DATVF.VWU
    1.563
    0.055
    3.6%
  • ITVI.USA
    12,193.510
    -16.270
    -0.1%
  • OTRI.USA
    19.070
    -0.210
    -1.1%
  • OTVI.USA
    12,187.120
    -17.950
    -0.1%
  • TLT.USA
    2.680
    0.000
    0%
  • WAIT.USA
    159.000
    19.000
    13.6%
  • DATVF.ATLPHL
    2.026
    0.053
    2.7%
  • DATVF.CHIATL
    1.929
    -0.026
    -1.3%
  • DATVF.DALLAX
    1.332
    0.051
    4%
  • DATVF.LAXDAL
    1.321
    -0.035
    -2.6%
  • DATVF.SEALAX
    0.968
    0.070
    7.8%
  • DATVF.PHLCHI
    1.196
    0.068
    6%
  • DATVF.LAXSEA
    2.159
    0.040
    1.9%
  • DATVF.VEU
    1.717
    0.032
    1.9%
  • DATVF.VNU
    1.536
    0.032
    2.1%
  • DATVF.VSU
    1.327
    0.009
    0.7%
  • DATVF.VWU
    1.563
    0.055
    3.6%
  • ITVI.USA
    12,193.510
    -16.270
    -0.1%
  • OTRI.USA
    19.070
    -0.210
    -1.1%
  • OTVI.USA
    12,187.120
    -17.950
    -0.1%
  • TLT.USA
    2.680
    0.000
    0%
  • WAIT.USA
    159.000
    19.000
    13.6%
Freight Futures NewsNews

Freight Futures daily curve: 2/12

Freight Futures market to watch today: Chicago, IL

It was a mostly lower and pedestrian trading session for Trucking Freight Futures on Tuesday. The spot National contract (FUT.VNU202002) continued to inch lower and closed down 0.14% to $1.411/mile. The East regional contact (FUT.VEU202002) also ended the session lower at $1.579, down 0.13% for the day. The South regional contract (FUT.VSU202002) slipped 0.2% to $1.199 while the West regional contract (FUT.VWU202002) finished unchanged at $1.456.

It was almost a repeat of Monday for the individual lane contracts. In the East, both Chicago contracts finished lower with the outbound CHI to ATL contract (FUT.VCA202002, FUTC1.VCA) dropping almost 0.3% to $1.947 and the inbound PHL to CHI contract (FUT.VPC202002, FUTC1.VPC) losing 0.44% on the day to $1.125. Looking at the respective forward curves (FWD.VCA, FWD.VPC) for today, the market is anticipating a depressed rate environment into June of nearly 20% out of Chicago and almost 14% on inbound Chicago rates, before there is any turnaround. Similar to Monday, the ATL to PHL contract (FUT.VAP202002) rose another 0.24% to finish at $1.665. In the South, both lane contracts finished lower. The LAX to DAL contract (FUT.VLD202002) slipped a fraction to $1.326 while the DAL to LAX contract (FUT.VDL202002) slid 0.4% to $1.072. It was a mixed bag in the West with a fractional rise in the SEA to LAX contract (FUT.VSL202002) to $0.933 being offset by a similar drop in the LAX to SEA contract (FUT.VLS202002) to $1.978.

FreightWaves SONAR: Chart

SONAR Tickers: FUTC1.VCA, FWD.VCA, FUTC1.VPC, FWD.VPC

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One Comment

  1. These rates are pathetic ! Driver wages are even worse !

    Quote :

    “Letter: Make America great again by making it union again

    I find it disturbing that the Mercury News often will not support candidates that have support from labor.

    Labor is a vital resource and protection that the ever-shrinking middle-class counts on to “have their backs.” Unions represent those workers who are in the middle of the income distribution. So, when labor sticks up for decent wages and benefits for all workers, how can that be a bad thing?

    Labor stands up for the working class and their families. They stand for better pay, better benefits and better working conditions.

    So when you say labor supports a candidate, it’s because that candidate supports working-class families.
    For America to once again be a middle-class country, we must return to policies that raise median earnings. Union advocates create policies that spill over and help non-union workers as well.

    So how can we make America great again? By making America union again! ”

    UNITE & PROSPER !

    IMHO !

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