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SONAR Key Market Insights - Raleigh, North Carolina
Highlights
Capacity remains tight in Raleigh, North Carolina, as both outbound tender rejections and volumes increase week over week. Outbound tender volumes rose 6.92% w/w.
Rejection rates rose less than one percent which has contributed to spot rates not spiking. However, the OTRI is still at 11.05% which does indicate some inflationary pressures in the market.
As the week carries on, tender rejections will continue to increase. Any necessary freight to move before the end of the month should be prioritized for the beginning of the week and prepared to pay slightly more as capacity erodes throughout the week.
“If you want to realize those efficiencies from AI, you need your employees to buy into it. If they think AI is coming for their jobs, they’re going to be ambivalent and actively resist it.”
