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How Tender Rejections Predict Your Next Rate

Every week, thousands of loads move all over the country before one rate of the download plate strikes. This is because most shipping-especially large charging-begins to hold a contract. The truck sends tenders to their basic carriers, and the same tankers are usually every week. But when you say these carriers, no? This is when things begin to shift, and when the money begins to move.

The problem is that most small transport companies and workers do not see what is happening on the source. They watch the downloads. They are looking at what they got his salary last week. By the time they realize something, smart brokers have already moved them.

This article is broken what is the refusal of the tender, how it is followed, and how you can predict your following rates – if you know where to search.

Let’s divide it simple. Giving is a shipment from a charger to a holder. Think about it in this way: One of the charger says, “We got a burden that leaves Atlanta going to Columbus. Can you move it for $ 1950 as we agreed last month?”

If the carrier says yes, then this is acceptable. If they say no – maybe they do not have a truck, or better pay the immediate market – this is a tender rejection.

When enough of those are rejected in a specific market, the shipping should go to another place. Where do you go?

Immediate market.

This is where small transport companies become. You may not be able to reach the initial tender, but as soon as you are rejected, you are playing. If you are watching the refusal data, you can put your truck before you hit the charging council – and you can negotiate stronger because you know that the market becomes more tight.

(Image: Sonar, OTRI.UUSA, the deficient rejection increased to the highest level during the peak of the Covid charging mutation, where OTRI topped 25 % in early 2021. Transport companies refused to charge the contract in favor of instant loads that pushed to the contract level.

The shipping market does not work to guess. Adult trucks and brokers use data tools like Sonar from shipping waves to track trends. One of the most important measures in the sonar is the external giving refusal index (OTRI).

This number shows the percentage of loads that are rejected by transport companies in a particular market.

If Utre in Chicago jumps from 5 % to 10 %, then this means R.The number of loads is rejected. This is an indication that the capacity is tightening (available trucks) – and immediate prices in this market are likely to rise in the next few days.

Transportation companies that see this in the actual time can re -put their truck or push it more strongly in the markets where the bid is rising.

Here’s how to read the sign:

  • OTRI is less than 5 %The contract is easily covered. There is no great pressure on the stain rates. Expect soft rates on loading panels.

  • OTRI between 5-10 %The capacity becomes more compact. The immediate market may start absorbing excessive charging. Prices are likely to rise slightly.

  • OTRI is more than 10 %The two trucks are struggling to cover the charging. The brokers claim more transport companies. The instant market is to heat quickly.

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2025-05-28 13:23:00

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