Freight Futures contract to watch today: Philadelphia to Chicago (VPC)
The Trucking Freight Futures markets continued to move in a narrow range on Wednesday as the spot National contract (FUT.VNU202004) finished unchanged for the seventh consecutive session at $1.399 per mile. The East regional contract (FUT.VEU202004) slipped a fraction to $1.524, while the both the West regional contract (FUT.VWU202004) and South regional contract (FUT.VSU202004) finished unchanged at $1.424 and $1.249, respectively.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!
It was a mixed day for the individual lane contracts. In the East, the PHL to CHI contract (FUT.VPC202004, FUTC1.VPC) gained 0.3% to $1.029 and has been strengthening since the beginning of the month. The futures forward curve (FWD.VPC), however, is pointing to a rate decline over the coming months before rising again over the summer. The ATL to PHL contract (FUT.VAP202004) fell 0.2% to $1.861, and the CHI to ATL contract (FUT.VCA202004) finished unchanged at $1.683. In the West, a fractional gain in the LAX to SEA contract (FUT.VLS202004) to $1.938 was offset by a fractional dip in the SEA to LAX contract (FUT.VSL202004) to $0.910. The LAX to DAL contract (FUT.VLD202004) in the South settled unchanged at $1.327, while the DAL to LAX contract (FUT.VDL202004) slid nearly 0.2% to $1.170.
FreightWaves SONAR: Chart
SONAR Tickers: FUTC1.VPC, FWD.VPC
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.