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Freight & Logistics

Truck volumes drop 15% post-Labor Day but spot rates hold at $3.44/mile, +47% YoY

Source: FreightWaves · 2026-09-09
Summary

FreightWaves' STVI fell nearly 15% on 9 September after the holiday surge, yet the National Truckload Index held at $3.44/mile, up 47% year-on-year; diesel sat at $5.60/gal. Reefer tender rejections stayed above 20% versus 12.35% for vans, signalling tight temperature-controlled capacity. Intermodal contract rates jumped 3.5% to $1.80/mile as shippers convert from road.

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