5 Comments

Good morning

Can you please explain what the “Tender Rejection” chart is telling? Sorry I have not seen this before. Thanks in advance

I read your charts daily and you do an amazing job and provide a great service

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author

Thanks for the kind words! Low tender rejections suggest a slowdown in economic activity, weak demand for goods. Less shipments means more competition among carriers, which leads to less rejections.

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Apr 9, 2023Liked by Daily Chartbook

The only context in which rejection is tender.

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😂

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Thank you so much.

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