On Gateway
By the Numbers
An extensive, multi-channel, interactive freight shipping dashboard can be found at https:// www. joc. com / gateway / about
US LTL pricing reaches new post-Yellow peak in August
US long-haul less-than-truckload( LTL) producer price index( PPI)
273 270
260
200 250
240
230
220 L Oct, 2022
2023 2024 2025
L
On Gateway
Rising US truck pricing shows that shippers are balancing current capacity needs and future demand, rather than seeking lower rates in a soft freight market. The US Bureau of Labor Statistics( BLS) truckload producer price index( PPI) ticked up 1.8 % in August from July, while the less-than-truckload( LTL) PPI expanded 1.5 %. Growth in the LTL PPI, up 16.7 % since July 2023, belies carrier warnings that pricing is softening as shipment counts decline. By contrast, the truckload PPI has been negative year over year since 2023, aside from a four-month period.
LTL PPI
Notes: US BLS producer price indices are based on selling prices for trucking services
Source: US Bureau of Labor Statistics data, JOC analysis © 2025 S & P Global
Gateway is an online shipping dashboard of more than 140 continuously updated charts from S & P Global and identified external data sources organized by trade lane, mode and topic. https:// www. joc. com / gateway
DAT US truckload spot rates
Weekly spot truckload rates per mile excluding fuel surcharges. The DAT Freight and Analytics average US truckload spot rate was $ 1.64 per mile in the week of Sept. 13, 2025, down from $ 1.65 per mile in the previous week but up from $ 1.58 per mile in the same week last year.
$ 1. 90 |
|
|
|
|
|
|
|
|
|
|
|
$ 1. 85 |
|
|
|
|
|
|
|
|
|
|
|
|
$ 1. 80 $ 1. 75 $ 1. 70 $ 1. 65 $ 1. 60 $ 1. 55
$ 1. 50
12- O c t- 24
|
9- N ov- 24 |
7- D e c- 24 |
4- J a n- 25 |
1- F e b- 25 |
1- M a r- 25 |
29- M a r- 25 |
26- A p r- 25 |
24- M a y- 25 |
21- J u n- 25 |
19- J u l- 25 |
D own 0. 6 % f r om S e p t. 2024
16- A u g- 25
13- S e p- 25
|
Source: DAT Solutions © 2025 S & P Global
Xeneta Asia to US West Coast short and long-term rates
Xeneta aggregates freight rates for both short-term contracts valid for less than 32 days, and long-term contracts valid for 87 days or more. Terminal Handling Charges( THCs) are excluded. The Sept. 18, 2025, average spot rate from Asia to the US West Coast was $ 1,781 per FEU, up 1.5 % from the previous week. Pricing in long-term contracts signed in the last three months slipped to 0.9 % to $ 1,498 per FEU, while overall long-term contract term rates declined 0.2 % to $ 1,606 per FEU.
S hor t- t e r m r a t e s C on t r a ct r a t e s si gn e d in l a st t hr e e m on t hs
C on t r a ct r a t e s
USD per FEU
$ 10,000 $ 8,000 $ 6,000 $ 4,000 $ 2,000
$ 0 01 / 07 / 2021
09 / 18 / 2025
Xeneta’ s ocean freight spot and contract pricing benchmarks gather over 10 million rates monthly from large volume global shippers and forwarders. Before releasing any market information, a minimum of five daily rates per route, per equipment type is required.
66 Journal of Commerce | October 6, 2025 www. joc. com