Regional Disparity in Truckload Capacity Increases

Reported about 18 hours ago

Truckload tender rejection rates in the U.S. have showcased significant regional disparities, with the Southeast averaging rejection rates near 10% and the West Coast at about 3.5%. This widening gap indicates a lack of stability in the truckload market, exacerbated by a reduction in overall market capacity post-pandemic and diverging contract rates between regions, particularly between Los Angeles and Chicago versus Atlanta and Chicago. The current environment suggests fragile conditions for freight despite a relatively soft market.

Source: YAHOO

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