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Trucking Freight Futures finish Thursday’s session mixed as the Dallas to Los Angeles lane (VDL) continues to rise.
March Trucking Freight Futures contracts move to expiration as April “rolls” in as the spot month on Wednesday.
A 10,000 mile hedge was executed on Tuesday in the July 2020 East Regional Trucking Freight Futures contract at $1.628/mile.
Trucking Freight Futures continued to climb on Monday as the March expiration approaches.
Panic demand drives week-over-week surge in Trucking Freight Futures prices as futures close out strong on Friday.
Trucking Freight Futures continued to move higher on Thursday as supply chain tightness persists.
Trucking Freight Futures closed higher on Tuesday on strength in the East region.
Trucking Freight Futures held steady on Wednesday as the April National contract (VNU) saw 10 more contracts trade at $1.375/mile.
The Trucking Freight Futures markets finished Monday unchanged to mixed, pointing to continued tightening of spot market capacity.