Reported 5 days ago
The truckload rejection rates in Laredo, Texas—the largest U.S. border crossing market—have surged to the highest levels since the pandemic, reaching over 6% just before Christmas. Despite a year-over-year demand increase of about 10%, rising rejection rates suggest tight market conditions are influenced by factors such as uncertainty in U.S. trade policies and a significant diversion of carrier capacity to more lucrative markets like California. As carriers struggle with increased repositioning costs and focus shifts, the overall capacity in the domestic truckload market is showing signs of vulnerability.
Source: YAHOO