9 September 2026
Truckload Volumes Drop 15% — But Spot Rates Stay Hot
Truckload volumes dropped 15% after Labor Day, but spot rates are still elevated and tender rejections haven’t cracked. That’s the freight market story right now. In this SONAR update, we break down the post-holiday volume pullback, why reefer is still tighter than van, what rising diesel means for rates, and why intermodal contract pricing is starting to move. If you need the fast read on truckload, reefer, rail and ocean, this is it. Truckload volumes fell nearly 15% on Wednesday, September 9, as the freight market pulled back from a pre-Labor Day surge, according to FreightWaves’ Sonar Truckload Volume Index (STVI).
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