Spot to contract rate spread contraction tests 3PLs

Chart of the Week: Spot to contract rate spread (excluding estimated spot fuel costs above $1. 20/gal) SONAR: RATES12. USA The spread between spot and contract rates suggests that the past few months may have been among the most challenging periods for non-asset-based logistics companies to navigate in recent history. The rapid shift in market conditions following long periods of stability can be the hardest to weather from a procurement standpoint — though that doesn’t mean it is all doom and gloom for 3PLs.