market cycle

Truckload market cycle: Supply-driven tightening but capacity rebalancing may be near

The truckload market is experiencing a supply-driven tightening with tender rejection rates above 16%, but demand growth is modest compared to previous cycles. According to FreightWaves, carriers are roughly 12–14% underserved relative to demand, but netting the current rejection rate against a normal baseline suggests a balanced or oversupplied market may be nearing as capacity slowly returns.