Chart of the Week: Outbound Tender Rejection Index – Northeastern Region, West Coast SONAR: OTRI.URNE, OTRI.URWT
The current U.S. truckload market has opened the year with a ’90s hip-hop scene-style battle between the coasts, except this battle is for truckload capacity and not lyrical dominance. The West Coast regional tender rejection rates (OTRI.URWT) have plummeted to their lowest point since June 2020 as carriers rush to Southern California to take advantage of the trucking trifecta of...