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dock wait
Wait times plummet as capacity tightens
Chart of the Week: Wait Time Index, Outbound Tender Rejection Index – USA SONAR: WAIT.USA, OTRI.USA
Shippers are struggling with a volatile freight market for the second time in three short years as carriers are rejecting load tenders at rates not seen since the middle of 2018, the mythical anomaly of a year. One of the side effects has been that carrier wait times have fallen in a near-perfect inverse proportion to national tender rejections. The question remains: How much of this relationship...
https://s29755.pcdn.co/news/wait-times-plummet-as-capacity-tightens
Shared truckload ‘fast pass’ offers path to greater profitability
Shared truckload is gaining industry momentum, thanks to the multitude of benefits the model offers shippers and carriers alike. This uptick in shared loads should prompt companies to consider how their dock operations can be optimized for maximum efficiency.
Despite the potential for higher pay and more consistent loads, some carriers are hesitant to get involved with shared truckload. This is partially due to hassles – like long wait times and uncontrollable delays – that threaten their...
https://www.freightwaves.com/news/shared-truckload-fast-pass-offers-path-to-greater-profitability