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July trucking market off to a slower start

Jul 23, 2018 at 10:06 AM CST

The July trucking market has started off slow, at least compared to the peak volumes that we saw at the end of the second quarter. The gradual slow down in rejections is evidence that carriers are getting less selective in the freight market versus May and June.

On April 1st, 25.4% of all load tenders in the market were being rejected by carriers. Rejections continued to fall until bottoming out in early May at 19.12% and then rapidlly ascending towards the peak on June 29 of 27%.