Outbound tender volumes rebound post-Thanksgiving

The Outbound Tender Volume Index is calculated and presented on a seven-day moving average basis. As such, OTVI becomes distorted in the week following national holidays. For that reason, weekly comparisons don’t glean much meaningful insight at the current time. We can, however, compare the depth of this year’s trough to that of previous years. This year, the decline was slightly more shallow than the previous two years, which could suggest that volumes might snap back strongly when the index...

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