Less-than-truckload rates have sharp response to broader market turn

Chart of the Week: LTL Monthly Cost per Hundredweight, Van Contract Rate Per Mile Initial Report – USA SONAR: LTL.USA, VCRPM1.USA After a fairly sluggish start to the year, less-than-truckload (LTL) rates are now showing the highest levels of upward pressure since the exit of Yellow in the summer of 2023. The LTL monthly cost per hundredweight index measures pricing change momentum in the LTL market. This index tracks directional changes in the LTL pricing environment based on transactional data...