Truckload Indexes
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Industry eyes are wide shut
Since the pandemic started, many shippers found their existing contracts unable to ensure carrier compliance. Supply and demand were especially volatile, and so spot rates,…
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Contract rates are puzzling; tender rejections flirt with sub-6% levels
Since the pandemic started, many shippers found their existing contracts unable to ensure carrier compliance. Supply and demand were especially volatile, and so spot rates,…
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Have contract rates begun their Q3 decline?
Since the pandemic started, many shippers found their existing contracts unable to ensure carrier compliance. Supply and demand were especially volatile, and so spot rates,…
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Small carriers are facing pressure from multiple sources
In the nine days since July began, OTRI fell 141 basis points (bps) to its lowest level in over two years: 6.7%. In the three…
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Freight demand takes summer dip as rejection rates tumble
Volume levels are depressed this week by Monday's holiday. The national average rate of tender rejections sunk below 7% late in the week, but linehaul…
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In the last week of Q2, freight demand rises only slightly
Volume levels have made a final push before the second quarter ends. The national rejection rate has recovered from its earlier dip below 8%...
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Rejection rates continue to fall, leading to depression in the spot market
Volume levels have restarted their decline, as have spot rates. The national rejection rate has fallen below 8%...
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Viewpoint: FMLA denial not required to have violated employee’s rights
The 7th Circuit Court of Appeals has ruled that simply discouraging an employee from filing a FMLA request is enough to have violated the employee’s…
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Freight demand succumbs to headwinds as spot rates continue to slide
Volume levels have restarted their decline, as have spot rates. The national rejection rate has fallen below 9%...
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Viewpoint: Congress passes ocean shipping reform
Despite the debate on ocean shipping reform, the law will be signed into law by President Biden relatively soon. With his presidency increasingly defined by…
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