Why this matters to buyers
Buyers of industrial goods transported by dry van may face significantly higher logistics costs for shipments within the U.S. market.
Recommended buyer actions
- Review and adjust U.S. domestic freight budgets to account for higher spot rates.
- Consider negotiating longer-term contracts with carriers to lock in rates and secure capacity.
Original source context
The U.S. Bank Freight Payment Index Rates Edition shows dry van spot rates surged 31% year-over-year in May 2026 as capacity tightening drives costs higher. The post U.S. Bank Freight Payment Index shows spot rates surging 31% appeared first on FreightWaves.
Read the original report · FreightWaves