• ITVI.USA
    11,024.960
    -148.680
    -1.3%
  • OTRI.USA
    5.290
    0.170
    3.3%
  • OTVI.USA
    11,008.210
    -142.250
    -1.3%
  • TLT.USA
    2.530
    -0.030
    -1.2%
  • TSTOPVRPM.DALLAX
    1.380
    -0.030
    -2.1%
  • TSTOPVRPM.PHLCHI
    1.140
    0.040
    3.6%
  • TSTOPVRPM.CHIATL
    1.590
    0.110
    7.4%
  • TSTOPVRPM.LAXSEA
    2.390
    0.030
    1.3%
  • TSTOPVRPM.LAXDAL
    1.930
    0.070
    3.8%
  • TSTOPVRPM.ATLPHL
    2.020
    0.120
    6.3%
  • WAIT.USA
    120.000
    -19.000
    -13.7%
  • ITVI.USA
    11,024.960
    -148.680
    -1.3%
  • OTRI.USA
    5.290
    0.170
    3.3%
  • OTVI.USA
    11,008.210
    -142.250
    -1.3%
  • TLT.USA
    2.530
    -0.030
    -1.2%
  • TSTOPVRPM.DALLAX
    1.380
    -0.030
    -2.1%
  • TSTOPVRPM.PHLCHI
    1.140
    0.040
    3.6%
  • TSTOPVRPM.CHIATL
    1.590
    0.110
    7.4%
  • TSTOPVRPM.LAXSEA
    2.390
    0.030
    1.3%
  • TSTOPVRPM.LAXDAL
    1.930
    0.070
    3.8%
  • TSTOPVRPM.ATLPHL
    2.020
    0.120
    6.3%
  • WAIT.USA
    120.000
    -19.000
    -13.7%
Freight Futures NewsNews

Freight Futures daily curve: 9/20

Freight Futures market to watch today: Eastern regional market

The September National contract (FUT.VNU201909) settled the day 0.55% lower at $1.454 per mile on continued weakness in the East region. The spot Eastern contract (FUT.VEU201909) closed down $0.025 or 1.5% to $1.645. On a positive note, the West (FUT.VWU201909) and South (FUT.VSU201909) regional contracts both ended the day fractionally higher, at $1.494 and $1.223, respectively.

The two lanes in the East where rates were most affected by Hurricane Dorian—CHI to ATL (VCA) and ATL to PHL (VAP)—suffered a significant sell-off during the latest session. The spot CHI to ATL contract (FUT.VCA201909) fell $0.044 or 2.05% to $2.106, while the ATL to PHL contract (FUT.VAP201909) fell $0.03 or 1.6% to $1.860. Spot rates for these two lanes are rapidly heading back to pre-Dorian levels, while the drop in the CHI to ATL forward curve (FWD.VCA) shows a more systemic correction for that lane, with the entire curve shifting lower across each month by an average of about $0.03 per mile. Shielded from the sell-off in the East, the PHL to CHI contract (FUT.VPC201909) held its own on the strength of market fundamentals and settled unchanged at $0.971.

FreightWaves SONAR: Chart

SONAR Tickers: FUT.VEU201909, FUT.VCA201909, FUT.VAP201909

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