Dallas tender rejection rates fell 304 basis points week-over-week, from 15.12% on Jan. 2 to 12.08%.
During that same period, Dallas tender volumes fell 7.07% week-over-week. Despite the decline, tender volumes are 6.35% higher than last month.
The decline in outbound tender rejection rates is also reflected in softening spot market rates, with 3% of Dallas outbound lanes reporting above-average spot rate decreases over a four-day moving average.
