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Jul 03, 2022 at 01:17 PM CST
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The seasonal rise of truckload spot (NTI) and rejection rates (OTRI) heading into the Fourth of July holiday has occurred every year since 2018 when the Outbound Tender Rejection Index (OTRI) was created. As of July 1, spot and rejection rates had barely recovered to where they were in mid-June. This suggests the market may be headed for another sharp descent this month, but is it? |
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