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Tender rejections rise above 14% as Labor Day tightens freight market

Verifying
  • FreightWaves SONAR data shows the national Tender Rejection Index above 14%.
  • 14% was crossed for the first time since early August, ahead of Labor Day.
  • Capacity contraction slowed over roughly six to seven months, while van volatility reached COVID-era patterns.
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Tender rejections rise above 14% as Labor Day tightens freight market - CoinPost Terminal