Category: truckload
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Rising rejection rates amid demand drop reveal truckload capacity exodus
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Photo: Jim Allen – FreightWaves Chart for the week: Contract Load Size Indicator, External Bid Size Indicator – USA Sonar: CLAV.USA, OTRI.USA Carriers are accepting the same load volumes as they were in April 2023, near the theoretical limit of the last downturn in the freight market. Denial rates (the…