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.
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