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Freight & Logistics

US Truck Capacity Keeps Shrinking as Spot Rates Beat Contract for First Time Since 2022

Source: FreightWaves / ACT Research · 2026-07-29
Summary

ACT Research's June For-Hire Trucking Index, discussed across the industry in the week of 29 July 2026, put the Freight Rate Index at 70.2 seasonally adjusted, down 9.5 points from May's record 79.7 but still among the strongest readings in the survey's 17-year history. Only 47% of carriers plan equipment purchases in the next three months, below the 53% June historical average, and Class 8 tractor sales remain under replacement levels. DAT reported the June national dry van spot average at $3.10 per mile against a $2.89 contract average, the first time spot has topped contract since February 2022, while Cass data showed June shipments down 4.1% year on year even as freight expenditures rose 11.2%.

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