Chart of the Week: US Customs Maritime Import Shipments, Outbound Tender Volume Index – USA SONAR: CSTM.USA, OTVI.USA
Imports and truckload tenders have been moving in near lockstep since mid-May as the U.S. crawls out of the pandemic-induced recession. With elevated import volumes forecast to continue into 2021, this could mean trucking may have a stronger opening quarter even after the traditional holiday peak season ends.
Prior to COVID-19, the connection between imports and domestic...
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