Accepted tender volumes (ASTVI) averaged 9,800 last week, near multi-year lows, while the Truckload Rejection Index (STRI) hovered around 13.5%.

This data indicates the current trucking market cycle is primarily supply-driven, not demand-driven. While demand did dip recently, the persistent high rejection rates despite low accepted volumes show capacity has exited the market, with carriers reporting annual declines in active units for Q2 2026. Risks for the near future skew toward further tightening due to factors like continued government pressure on capacity and low cash reserves for carriers.