If you’ve been looking into how Reefer trucks have affected the industry of logistics, it’s been semi-madness. This happesn as we see upward pressure that shows load acceptances increase all the while throughout the Summer. This then takes care of spot rates for climate-controlled freights. These trends have been going up for truckers since April’s end. This in specific rising above and over 13% throughout the past two and a half months. Reefer tender rejection rates fall from 43% to 33% throughout the same stretch. Therefore showing the contract and spot markets.
These Have gone in two different directions; both the contract and spot markets. But when you really think about it, tender rejection rates show off the percentage of loads that get rejected by carriers which submit electronically by shippers. These transactions depend on existing rate agreements. Let alone contracted rates. Rejection rates show measurements of carrier willingness that offer capacity per contractual rates.
When you look at how come this happens, there are a couple of rationales for affecting Reefer Trucks.
One thing to see is how the spot rates involve fuel and fuel cost fluctuations that shift the direction of all-inclusive rates. Another ordeal to consider is higher in seasonla lanes where demand is higher than supply. There will probably be a third and most important factor to consider. The spot market itself. How is that going to affect the reefer trucks? Who really knows but those behind the reefer trucks themselves?! The Spot market for Reefer trucks is a lot more sensitive than the dry van counters. Shippers may very well inflate the rate much faster as capacity limits.