Hey truckers, listen up! The freight market’s heating up, and it’s looking good for your wallets. Let’s break down what’s happening and what it means for you out on the road.
The SONAR National Truckload Index (NTI) is showing some numbers we haven’t seen in almost two years. We’re talking $2.53 per mile! The last time rates were this high was back in January 2023. Truckload spot rates are up 34 cents a mile since Oct. 1, 2024, a 15% increase. In the past week, we’ve seen spot rates jump from $2.38 to $2.53 a mile, a 15-cent increase.
