Uploaded August 2026 | Updated September 2026, 1 week ago

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Tender rejections are stuck near 13.5%, still far above a balanced freight market — but spot rates and volumes are starting to tell a more complicated story.

In this SONAR update, we break down why truckload demand softened faster than expected, how intermodal is taking share from long-haul truckload, why short-haul freight still looks firm, and where reefer spot rates are flashing regional pressure in the Midwest