“As of September 2026, dry van rates remain well above year-ago levels, although spot pricing moderated in August. Dry van spot rates, excluding fuel, declined 18 cents to $2.20 per mile, still up 37% year over year. Seasonal easing and carriers’ incomplete recovery of higher diesel costs contributed to the decline, so softer net-fuel rates do not necessarily indicate a comparable easing in capacity. ACT’s September Freight Forecast points to a broader contribution from improving freight demand, while driver availability tightened again in August. Capacity constraints remain central to the pricing recovery, even as demand begins to provide additional support.

Dry van contract rates, excluding fuel, held steady at $2.40 per mile in August, up 20% year over year. Contract pricing continues to reflect the earlier strength in spot markets, with shorter agreements and more frequent rebidding accelerating the adjustment. Improving tractor sales and a return to tractor-fleet growth suggest that a capacity response is beginning, but replacement needs, exports, driver constraints, and higher equipment costs limit how quickly purchases translate into additional freight-hauling capacity. The durability of the recovery will depend on whether broader freight growth continues and how quickly carriers can add productive capacity while managing fuel, labor, insurance, financing, and equipment costs.”