Freight Market Alert: Why US Tender Rejections Are Skyrocketing
The freight market is showing an unusual tightening with widespread increases in tender rejection rates across the United States. Join us as we dive into the latest SONAR data, analyzing the unexpected post-Labor Day surge and what it signals for capacity and spot rates. We’ll examine regional impacts, trailer type trends, and the underlying factors […] The post Freight Market Alert: Why US…
US freight market sees significant rise in tender rejection rates following Labor Day. SONAR data reveals a national Outbound Tender Rejection Index of 14.32%, far above seasonal norms. Analysts emphasize this is not a typical post-holiday surge, but rather a nationwide trend across Dallas, Chicago, Atlanta, Harrisburg, and other major hubs.
Refrigerated rejections are rising due to fall harvest demand, while flatbed rejections remain low. Spot rates are beginning to reflect the increased rejections, but shippers should brace for higher rates rather than the usual post-Labor Day decline. The market remains fragile with no hurricane season disruptions thus far, providing a window for carriers and shippers to closely monitor the evolving situation.
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