The past week saw Hutchinson’s outbound tender rejection rates surge, increasing 1,052 basis points from 4.05% on July 28 to 14.57%
During that same period, outbound tender volumes moved little, up 0.34 points week over week from 31.97 points to 32.31 points. Compared with last month, tender volumes are 5.18% higher.
According to SONAR Key Market Insights, Hutchinson’s tightening is related to a surge in outbound volume. Out of 135 key market areas, the market ranks 81st in outbound volume and 101st in inbound volume.
