bid season

Brokers should use technology to stand out this RFP season

The current freight recession has created a market characterized by an overabundance of capacity and a stubborn lack of demand. While the market remains depressed, industry experts have noticed signs of an impending rebound in the mid-term future.

“The national Outbound Tender Reject Index (OTRI) topped 4% [in August] for the first time since early January, when it was recovering from the holiday period,” FreightWaves market expert Zach Strickland reported in late August. “While 4% is still...

https://www.freightwaves.com/news/brokers-should-use-technology-to-stand-out-this-rfp-season

Trucking could — maybe — become less volatile

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The trucking industry is known for its volatility. In the first quarter of 2023 alone, nearly 9,000...

https://www.freightwaves.com/news/trucking-could-maybe-get-less-volatile