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Wait times plummet as capacity tightens

Aug 09, 2020 at 05:50 PM CST

Shippers are struggling with a volatile freight market for the second time in three short years as carriers are rejecting load tenders at rates not seen since the middle of 2018, the mythical anomaly of a year. One of the side effects has been that carrier wait times have fallen in a near-perfect inverse proportion to national tender rejections. The question remains: How much of this relationship is a direct result of a shift in leverage to carriers?