
They increased 1.1% during the second week in June compared to the first week, for an average of $2.07 per mile, with it made up of $1.59 per mile for the linehaul charge and 48 cents for the fuel surcharge.
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Compared to the same time last year, truckload linehaul costs in May averaged 5.8% higher, an increase that is consistent with those of 5.7% in April and 6% in March, according to the latest Cass Truckload Linehaul Index.
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Package delivery giant UPS on Tuesday said beginning Dec. 29, in the United States, dimensional weight will be used to calculate the billable weight of a shipment on all UPS Ground services and UPS Standard to Canada packages.
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Rates for spot market freight moved significantly higher over the past week following big gains over the past month, according to the freight matching service provider DAT.
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North American freight shipments and expenditures continued to buck the historic trend and increased again in May, according to the latest Cass Freight Index.
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A hike in the average rate for refrigerated cargo leads increases in all three categories for spot freight, according to new figures released by the freight matching service provider DAT.
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Freight rates on the spot market gained little ground or fell over the past week, according to new numbers from the freight matching service providers DAT, but they gained significantly last month compared to a year earlier.
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Truckload linehaul rates spiked in March, with the Cass Truckload Linehaul Index surpassing the 120 mark, showing a 6% year-over-year increase.
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Less-than-truckload carrier Old Dominion Freight Line will increase its base rates by an average of 4.3% effective May 1.
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The less-than-truckload industry is watching to see what move Old Dominion Freight Lines makes in the annual spring tariff-hike season.
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