Capacity coming into the freight market?
A measure of available capacity, the tender rejection rate has shown the lack of a sustainable uptick following Labor Day. (Chart: SONAR)
For the past two years, the freight industry has been looking forward to capacity coming out of the market, which would improve the supply-demand balance from carriers’ perspective. However, as Todd Maiden reports on FreightWaves, the latest Logistics Managers’ Index (LMI) shows that capacity may actually be increasing....
https://www.freightwaves.com/news/is-the-prospect-of-tightening-capacity-this-fall-overblown