Spot rates averaged $2.01 per mile in February, up from $1.65 in November, U.S. Bank and DAT Freight & Analytics say.
Air freight faces disruption as Middle East conflict cuts capacity, raises rates and adds uncertainty to trade outlook.
February spot and contract rates were up 3.6% and 0.1%, respectively, from January to February, with the report describing ...
Dry van freight shows stronger volumes and rate gains, with pricing reaching levels not seen since 2022 in some datasets.