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Truckload Market Faces Capacity Crunch Post-Christmas Surge

1/5/2025

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Summary

Story summary

The Outbound Tender Reject Index (OTRI) in the U.S. truckload market exceeded 10% after Christmas, signaling reduced capacity.
Spot rates increased nearly 10% from 2023, complicating shipping logistics.
Domestic container movement rose over 10% year-on-year, alleviating pressure on West Coast trucking.
Since July 2022, around 41,000 carriers have left the market due to economic uncertainties.

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Story summary

The Outbound Tender Reject Index (OTRI) in the U.S. truckload market exceeded 10% after Christmas, signaling reduced capacity.
Spot rates increased nearly 10% from 2023, complicating shipping logistics.
Domestic container movement rose over 10% year-on-year, alleviating pressure on West Coast trucking.
Since July 2022, around 41,000 carriers have left the market due to economic uncertainties.