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, which are more sensitive to changing market conditions, handily outpaced contract rates.
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 days following that bottom, OTRI clawed back 50 bps. At present, however, it seems as though any upward momentum upon which it could have built has been lost.
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 spot rates…
Learn how Concept Logistics is Using Parade and Tai Customization to Perfect Their Tech Stack
Volume levels have made a final push before the second quarter ends. The national rejection rate has recovered from its earlier dip below 8%…
In the upcoming quarter, Trucker Tools will home in on the broker and carrier relationship by introducing a couple of mutually beneficial tools.
Volume levels have restarted their decline, as have spot rates. The national rejection rate has fallen below 8%…
Volume levels have restarted their decline, as have spot rates. The national rejection rate has fallen below 9%…
Rising fuel costs have affected every link in the supply chain across all modes of transportation.
Volume levels have restarted their decline, as have spot rates. The national rejection rate has fallen below 9%…
Pitney Bowes Parcel Shipping Index predicts record numbers ahead
Volume levels have restarted their decline, as have spot rates. The national rejection rate has fallen below 9%…
Primo is looking to change logistics industry norms by partnering with companies in the industry to teach them how to provide new services to their customers.
Volume levels have restarted their decline, as have spot rates. The national rejection rate has fallen below 9%…
The way that transportation has been traditionally bought and sold has left shippers and transportation providers siloed and connected only to those partners within their existing network.
Volume levels have restarted their decline, as have spot rates. The national rejection rate has fallen below 9%…
Volume levels have restarted their decline, as have spot rates. The national rejection rate has fallen below 9%…
In order for freight operations to run smoothly, the relationship between carriers and shippers should be strong.
Volume levels have restarted the decline after recovering after Easter Weekend. The national rejection rate has fallen below 9%…
Parade’s leading software learns from every carrier interaction received to better match brokers with the right carriers.
