Reported about 7 hours ago
February has seen a drop in freight volumes, raising questions about whether this is a seasonal trend or indicative of deeper issues. The Outbound Tender Volume Index shows a 3.8% decline from previous weeks, prompting discussions about market impact and future tightening. Despite the downturn, the tender rejection rate suggests some capacity has exited the market, setting up potential tighter conditions in upcoming months. Insights from industry experts indicate that while February is often weak, March's trends will provide clearer signals.
Source: YAHOO