Chart of the Week: Outbound Tender Rejection Index – USA SONAR: OTRI.USA
National tender rejection rates (OTRI) jumped back over 5% this week as winter weather impacted nearly every section of the U.S.
While this probably does not indicate the domestic trucking market is entering a more sustained period of tightness, it is noteworthy that the market is responsive. This is only the third time since October 2022 that the national OTRI has eclipsed the 5% threshold and the first time it was not...
https://www.freightwaves.com/news/rejection-rates-bounce-higher-after-arctic-plunge