The Daily Dash is a quick look at what is happening today in the state of freight.
Freight volumes remain strong
There is little evidence that suggests freight volumes will not continue to remain strong past the fourth of July holiday peak. The outbound tender volume index (OTVI) has declined less after the holiday peak than it did last year falling more in line with freight volumes from 2018. Plus, capacity remains tight as tender rejections stay above 15%.
Seth Holm has more in his weekly...