Capacity Still Shrinking as Rejection Rates Hold at 13.5%
Accepted tender volumes near 2019 levels, but rejection rates more than double what they were then. The supply-side correction is still running.
#Freight Cycle
3 posts tagged with this topic.
Why Capacity Won't Flood Back This Time
Litigation, regulation, and insurance costs are blocking the new-carrier surge that ended past rate cycles, says Triumph Financial CEO Aaron Graft.
Knight-Swift Targets 10%+ Rate Hikes as Capacity Exits Accelerate
Phoenix mega-carrier reports Q1 loss but tells investors mini-bids are multiplying and awarded contracts are being rejected because prices moved since January.