Chart of the Week: Trucks-in-Market,Outbound Tender Volume Index, Outbound Tender Rejection Index – LAX SONAR: TRUK.LAX, OTVI.LAX, OTRI.LAX
It may seem obvious, but as this week’s chart illustrates, there is a clear relationship between fluctuating truckload volumes and the chance for declining carrier compliance rates. Inconsistent volumes can be one of the biggest drivers of increasing spot rates, and the COVID-19 pandemic has exaggerated its impact on trucking networks.
The Trucks-in-Market...
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