• DATVF.SEALAX
    0.968
    -0.130
    -11.8%
  • DATVF.VNU
    1.390
    -0.032
    -2.3%
  • DATVF.ATLPHL
    1.593
    -0.100
    -5.9%
  • DATVF.VWU
    1.473
    -0.008
    -0.5%
  • DATVF.VSU
    1.236
    -0.027
    -2.1%
  • DATVF.VEU
    1.460
    -0.063
    -4.1%
  • DATVF.PHLCHI
    0.920
    0.000
    0%
  • DATVF.LAXSEA
    1.977
    0.114
    6.1%
  • DATVF.LAXDAL
    1.609
    0.038
    2.4%
  • DATVF.DALLAX
    0.864
    -0.091
    -9.5%
  • DATVF.CHIATL
    1.867
    -0.088
    -4.5%
  • ITVI.USA
    9,630.860
    0.980
    0%
  • OTRI.USA
    5.600
    -0.020
    -0.4%
  • OTVI.USA
    9,624.060
    1.360
    0%
  • TLT.USA
    2.570
    0.000
    0%
  • WAIT.USA
    150.000
    0.000
    0%
  • DATVF.SEALAX
    0.968
    -0.130
    -11.8%
  • DATVF.VNU
    1.390
    -0.032
    -2.3%
  • DATVF.ATLPHL
    1.593
    -0.100
    -5.9%
  • DATVF.VWU
    1.473
    -0.008
    -0.5%
  • DATVF.VSU
    1.236
    -0.027
    -2.1%
  • DATVF.VEU
    1.460
    -0.063
    -4.1%
  • DATVF.PHLCHI
    0.920
    0.000
    0%
  • DATVF.LAXSEA
    1.977
    0.114
    6.1%
  • DATVF.LAXDAL
    1.609
    0.038
    2.4%
  • DATVF.DALLAX
    0.864
    -0.091
    -9.5%
  • DATVF.CHIATL
    1.867
    -0.088
    -4.5%
  • ITVI.USA
    9,630.860
    0.980
    0%
  • OTRI.USA
    5.600
    -0.020
    -0.4%
  • OTVI.USA
    9,624.060
    1.360
    0%
  • TLT.USA
    2.570
    0.000
    0%
  • WAIT.USA
    150.000
    0.000
    0%
Freight FuturesNews

Freight Futures daily curve: 9/20

Freight Futures market to watch today: Eastern regional market

The September National contract (FUT.VNU201909) settled the day 0.55% lower at $1.454 per mile on continued weakness in the East region. The spot Eastern contract (FUT.VEU201909) closed down $0.025 or 1.5% to $1.645. On a positive note, the West (FUT.VWU201909) and South (FUT.VSU201909) regional contracts both ended the day fractionally higher, at $1.494 and $1.223, respectively.

The two lanes in the East where rates were most affected by Hurricane Dorian—CHI to ATL (VCA) and ATL to PHL (VAP)—suffered a significant sell-off during the latest session. The spot CHI to ATL contract (FUT.VCA201909) fell $0.044 or 2.05% to $2.106, while the ATL to PHL contract (FUT.VAP201909) fell $0.03 or 1.6% to $1.860. Spot rates for these two lanes are rapidly heading back to pre-Dorian levels, while the drop in the CHI to ATL forward curve (FWD.VCA) shows a more systemic correction for that lane, with the entire curve shifting lower across each month by an average of about $0.03 per mile. Shielded from the sell-off in the East, the PHL to CHI contract (FUT.VPC201909) held its own on the strength of market fundamentals and settled unchanged at $0.971.

FreightWaves SONAR: Chart

SONAR Tickers: FUT.VEU201909, FUT.VCA201909, FUT.VAP201909

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