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Pricing power firmly in carriers hands as rates snap back

Pricing power firmly in carriers hands as rates snap back
freightwaves.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freightwaves.com Daily Mail and Mail on Sunday newspapers.

No lull to see here: Spot rates post fresh all-time highs

Southern truckload capacity vanishes before the 4th

Southern truckload capacity vanishes before the 4th Atlanta and Dallas tender rejection rates hit all-time highs in late June Chart of the Week: Outbound Tender Reject Index – Atlanta, Dallas  SONAR: OTRI.ATL, OTRI.DAL Just when shippers and freight brokers thought the U.S. freight market was easing, capacity tightened to record levels in two of the nation’s largest freight centers: Atlanta and Dallas. The outbound tender reject index (OTRI), which measures the rate at which carriers reject electronic requests for capacity from shippers, jumped to its highest values since the index was created back in early 2018. So the big question is why is this significant? 

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