U.S. Bank freight index shows dry van contract rates rise as spot rates cool
- U.S. Bancorp analysis showed contract truckload rates rose from June through August while spot rates eased from June levels.
- Dry van spot rates fell to USD 2.17 per mile in August from USD 2.38 in June; contract rates climbed to USD 2.39 from USD 2.30.
- Contract pricing carried a roughly USD 0.22 per-mile premium to spot freight by August.
- Average fuel surcharge rates increased to USD 0.70 per mile in August from USD 0.62 in June, lifting total freight costs.
- Fuel represented 24% of the dry van broker-to-shipper spot rate in August versus 21% in June, tightening conditions for smaller carriers.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. U.S. Bancorp published the original content used to generate this news brief via Business Wire (Ref. ID: 20261001882013) on October 01, 2026, and is solely responsible for the information contained therein.