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A truckload of opportunities

Release date: 29 Mar 2019 | Eurex Exchange, Eurex Clearing

A truckload of opportunities

Nodal Exchange and partners to launch the world’s first Trucking Freight Futures Contracts

An exciting idea from our colleagues at Nodal that, like Eurex, is part of Deutsche Börse’s Trading & Clearing division: trucks are supposed to join oil tankers and dry-bulk ships as tradable commodities. An interesting plan as U.S. trucking is a USD 726 billion industry and is 30 percent bigger than the oil market. Trucking spot market volatility is subject to many factors including government regulations, trade policies, driver availability, seasonality, consumer spending and weather events. The futures contracts will provide a way for carriers, shippers and third-party logistics providers to hedge their exposure to truckload spot rate volatility.

Nodal Exchange is a derivatives exchange providing price, credit and liquidity risk management to participants in the North American commodity markets.

Get all information in Nodal Exchange’s press release.