Chart of the Week: National Truckload Index (Linehaul Only, Outbound Tender Reject index – USA SONAR: NTIL.USA, OTRI.USA
The Labor Day holiday was not a strong catalyst of disruption to the U.S. trucking market. Both spot and rejection rates reacted minimally to what was the most volatile holiday period during the pandemic years.
National dry van spot rates declined heading into the holiday while tender rejection rates got a short-lived boost from 4.3% to 4.9% before falling back below 4.3% this...
https://www.freightwaves.com/news/lackluster-labor-day-gives-no-lift-to-trucking-market