Reported 1 day ago
Recent trends indicate that truckload carriers are increasingly prioritizing freight movements from the West Coast, particularly Los Angeles, while rejecting a higher percentage of loads from Chicago. The Outbound Tender Reject Index (OTRI) for Los Angeles is currently at record lows, revealing a shift in carrier capacity and preferences amidst changing market dynamics and weather conditions. This has resulted in rising rates for outgoing loads from Southern California compared to a more volatile backdrop in the East, suggesting a strategic focus on more financially viable options for carriers.
Source: YAHOO