Industry News for Friday, January 26, 2024 Freight Rates And Delays Continue To Climb As Red Sea Violence Spreads ‌DC Velocity, January 19 ‌Impact is sharpest on shipments from Asia and the Indian Subcontinent to Europe and the U.S. East and Gulf Coasts, UPS says. ‌ ‌Rejection Rates Bounce Higher After Arctic Plunge ‌Freight Waves, January 20 ‌National tender rejection rates (OTRI) jumped back over 5% this week as winter weather impacted nearly every section of the U.S.    ‌Another Decline In Benchmark Diesel Prices Comes As Winter’s Impact Fades ‌Freight Waves, January 23 ‌Against that bearish backdrop, the benchmark price used for most fuel surcharges declined Monday for the 14th time in 18 weeks.  ‌ ‌Dry Van Freight Contracts Fall To Lowest Average In Years ‌Trucking Dive, January 22 ‌Shippers continued to make additional gains in bargaining power through the end of 2023, with dry van contract rates — including a fuel surcharge — dropping to their lowest level in nearly three years, per DAT Freight & Analytics data.   Economy, E-Commerce & Supply Chain   UPS relaunches Its Second-Day Air Morning Service ‌Logistics Management, January 24 ‌Earlier this week, Atlanta-based global freight transportation and logistics services provider UPS said it is relaunching its second-day air morning service, with a guaranteed delivery of 10:30 A.M. in most locations.