Daily Tip 08/05/2022: Outbound Tender Rejection Index (OTRI)

Ashley McAvoyDaily Tips

Did you know? You can find trends and changes in spot market rates using Outbound Tender Rejection Rates Each day we’ll send you a daily tip designed to guide you to becoming a SONAR expert. If you have any questions, please contact your Customer Success Representative or email the team at cs@freightwaves.com. Outbound Tender Rejection Index (OTRI) rates are measurements … Read More

Are spot market rates increasing or decreasing?

FreightWaves Customer SuccessDaily Tips

Did you know? You can find trends and changes in spot market rates using Outbound Tender Rejection Rates. 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 be … Read More

Use length of haul to find more accurate tender rejections.

FreightWaves Customer SuccessDaily Tips

Did you know? You can measure trends and changes in Outbound Tender Rejection Rates based on length of haul. 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. OTRI is expressed as a percentage of loads rejected to total loads tendered. OTRI … Read More

Find more accurate tender rejections by using length of haul.

FreightWaves Customer SuccessDaily Tips

Did you know? You can measure trends and changes in Outbound Tender Rejection Rates based on length of haul. 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. OTRI is expressed as a percentage of loads rejected to total loads tendered. OTRI … Read More