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Is the rate rollercoaster about to turn

Mar 03, 2024 at 06:16 AM CST

There have been four general cycles of the transportation market over the past six years, when the tender data history started in 2018. That cycle began in 2017, but we only have history for the past 12 months. This market was characterized by rejection rates averaging above 17% and a strong single upward trend in contract prices that stabilized.