Shippers gave carriers less notice in 2019

Dec 30, 2019 at 08:02 AM CST
Shipper lead times shrank by 5% on average in 2019 compared to 2018 as capacity was almost guaranteed throughout the year — indicated by the Outbound Tender Rejection Index (OTRI) falling from over 15% to around 5% early in the year. Lead time is the amount of time between order submission and requested pickup date measured in days. Through the back half of 2018 the average lead time was 2.74 days, while the average for the last 6 months in 2019 was 2.6 days. The decline in lead time may not seem like a big deal to most who are unfamiliar with freight or transportation, but lead times are an indication of shipper perception — that perception has changed over the past two months.

Dec 30, 2019 at 08:02 AM CST

Shipper lead times shrank by 5% on average in 2019 compared to 2018 as capacity was almost guaranteed throughout the year — indicated by the Outbound Tender Rejection Index (OTRI) falling from over 15% to around 5% early in the year. Lead time is the amount of time between order submission and requested pickup date measured in days. Through the back half of 2018 the average lead time was 2.74 days, while the average for the last 6 months in 2019 was 2.6 days. The decline in lead time may not seem like a big deal to most who are unfamiliar with freight or transportation, but lead times are an indication of shipper perception — that perception has changed over the past two months.