How can you measure a shippers reaction to current market conditions?

FreightWaves Customer SuccessDaily Tips

Did you know? You can measure a shipper’s reaction to capacity changes with SONAR’s Outbound Tender Lead Times Index. What is it? Outbound Tender Lead Times (OTLT) – is a daily index that measures the length of time in days between the load being offered and the requested pickup date. For example, shipper A sends a load request on June 8th with … Read More

For a shipper, timing is everything.

FreightWaves Customer SuccessDaily Tips

Did you know? You can measure a shipper’s reaction to capacity changes with SONAR’s Outbound Tender Lead Times Index. What is it? Outbound Tender Rejection Index (OTRI) rates are measurements of carriers’ willingness to accept the loads that are tendered to them by shippers under contract terms. It is expressed as a percentage of loads rejected to total loads tendered. OTRI can … Read More