Feb 09, 2023 at 06:39 PM CST
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Long gone are the robust days of 25% outbound tender rejects (OTRI). Now carriers are taking any and all contracted freight that’s coming their way as OTRI has fallen back to earth like a Chinese spy balloon. FreightWaves reports, “The one-two punch of OTRI falling to new floors and the deterioration of spot rates is…contract rates are no better.” |