WebDry van and reefer tender rejections are both trending at all-time lows for this time of year, with dry van rejection rates coming in below 4%, and reefer rejections currently at 5.59%. The DAT Load to Truck Ratio … WebApr 3, 2016 · Freight Charge – the sum that is expected for cargo transportation. Freight Forwarder - Logistics company that acts as an intermediary between the shipper and the carrier. Freight of All Kinds …
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WebThe Sonar Outbound Tender Reject Index (OTRI) measures the rate at which carriers reject the freight they are contractually required to take. The current rate is 7.21% in early July, down slightly from about 8% a month ago. ... Rejection rates this low throughout the summer peak season are unusual and indicate that we are likely to see national ... WebApr 9, 2024 · Tender rejection rates measure how willing carriers are to accept requests from the customers to ship loads at a previously agreed upon contract rate. Rejection rates above 6-7% typically indicate a tighter market in which spot market rates and volumes increase. When rejection rates are below 5%, the inverse occurs. Tender rejection … harvard divinity school field education
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WebFeb 9, 2024 · In the US, given the events of the past year, the current national tender rejection rate stands at nearly 18%, 3x the higher than the rate was a year ago. With … WebThe tender rejection rate was already trending down in January and February, but there was a clear acceleration that aligned with rising fuel costs in early March. After falling roughly 18% over the first two months of 2024, the rejection rate has fallen an additional 41% since. When tender rejections decline, less freight falls to the spot market. WebCarriers ‘swiping right’ on tenders faster than any point in the past 20 months. OTRI continues to fall, finally dropping beneath 16% and rapidly approaching 15%. Major shockwaves will soon be felt by carriers, particularly by those that are new to the … harvard developing child youtube