TRUCKING MARKET

Jan 06 2025BUSINESS

Trucking Market Shifts: Holiday Season Brings Changes

The holiday season saw a rise in truckload carriers turning down shippers' requests. This is shown by the Outbound Tender Reject Index (OTRI) hitting over 10% for the first time since April 2022. Spot rates also jumped nearly 10% compared to 2023. While this is a sign that trucking capacity is tightening, it could have been much worse. The trucking market is known fo...

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