Reported 3 days ago
The national Outbound Tender Reject Index (OTRI) surpassed 10% during the holiday season for the first time since April 2022, signaling a tightening in the truckload market. Despite improvements, shippers are still facing challenges as volatility increases and many carriers have exited the market since 2022. The current OTRI indicates a more difficult transportation sourcing environment for shippers compared to the previous year, marked by changes in inventory management and shifting shipping strategies.
Source: YAHOO