Rates are showing some positive signs for carriers in 2024 with market dynamics appearing to fundamentally change, analysts recently said in reports. A DAT Freight & Analytics chart — inspired by Coyote Logistics’ former Chief Strategy Officer Chris Pickett’s Coyote Curve — showed that dry van spot rates have continued to grow year over year since July. “With DAT spot rates net fuel tracking 7% higher than a year ago in Q4, contract rates are rising modestly but consistently across DAT data, Cass data, and fleets’ financial reports for the first time in three years,” ACT Research VP and Senior Analyst Tim Denoyer said in a monthly report Friday.
