Trucking Markets: Rejections and rates take a breather
Tender rejections have fallen for a week, but that doesn't mean that rates will.
Tender rejections have fallen for a week, but that doesn't mean that rates will.
Everything is in place for a face-ripping rally in Q4.
Relationships between shippers and transportation providers are being reshuffled.
Los Angeles and Dallas are driving the national market.
There's a routing guide shake-up happening right now.
Rejections and rates set to go higher from here on sustained shifts in consumer behavior.
We don't think that capacity will loosen soon, but upward pressure on contract rates will take time.
Trucking markets are increasingly diverging from seasonal patterns.
Contracted truckload volumes have recovered, tender rejections are still elevated, and while some rates came in after the holiday, others ...
The summer rally has already been stronger and longer than in 2018 and 2019.