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We're In the Midst of Trucking Bloodbath 2.0
Odd Lots
The Trucking Bloodbath
Tender rejection data is going to be the first indicator. It's basically orders that come from large retailers, large manufacturers are sending these transactions electronically to trucking companies and they're going to either accept or reject those loads. We've not seen anything in tender rejection data which actually suggests that we're still in it for a while. I think this is a situation where it's going to take a while to get rid of all the excess capacity.
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