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Surging trucking demand reaches a milestone: It’s better than ’19

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Mar 17, 2020 at 01:35 PM CST
The volume surge in freight primarily as a result of restocking store shelves is continuing and has reached a significant milestone in a key supply/demand metric. FreightWaves’ outbound tender rejection index (OTRI) has surpassed year-ago values. The OTRI measures carrier willingness to accept loads tendered to them by shippers under a previously agreed upon contract. It is expressed as a percentage of loads rejected to total loads tendered.

Mar 17, 2020 at 01:35 PM CST

The volume surge in freight primarily as a result of restocking store shelves is continuing and has reached a significant milestone in a key supply/demand metric. FreightWaves’ outbound tender rejection index (OTRI) has surpassed year-ago values. The OTRI measures carrier willingness to accept loads tendered to them by shippers under a previously agreed upon contract. It is expressed as a percentage of loads rejected to total loads tendered.