Tender Rejections at 13.5%: Is Freight Bottoming? @FreightWaves
Tender Rejections at 13.5%: Is Freight Bottoming?  @FreightWaves
Uploaded August 2026 | Updated September 2026, 2 weeks ago
Tender rejections are still running near 13.5% — and that could mean the freight market has found a short-term bottom ahead of Labor Day.

In this SONAR update, we break down what stalled rejection declines mean for capacity, why this still looks like a supply-led cycle, how intermodal pulled pressure off truckload this summer, and where dry van, reefer and flatbed spot rates are heading next.
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Tender Rejections at 13.5%: Is Freight Bottoming?

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