Trucking Market Update & Forecast (Sept 14): Carriers Leaving, Freight Market Has A Long Way To Go 

(Charts and Definitions at the Bottom of this Description)
Lets talk about Diesel Prices, carrier capacity and how many carriers are leaving and entering the trucking industry, volumes and rejections, how those affect spot market volumes and spot market load rates, and how this whole thing affects Dry Vans, Reefers and Flatbeds.
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DEFINITIONS:
Volumes (OTVI): This shows us real data of how many tenders are offered by shippers to carriers- how much freight there is in the market. Because offerings happen in advance, we can see what the future volumes will look like.
Rejection Rates (OTRI): How many contract carriers refuse from loads? This is real time data of loads that were rejected by carriers- the more rejections, the higher the rates, and the more loads end up on the loadboard.
Charts: drive.google.c...