Chart of the Week: Outbound Tender Reject Index, Outbound Tender Volume Index – USA SONAR: OTVI.USA, OTRI.USA
The recent string of winter storms and cold weather that has gripped the central U.S. disrupted shipping across the country in a way that is somewhat counterintuitive — volumes fell while capacity tightened.
The Outbound Tender Volume Index (OTVI) — a measure of shipper requests for truckload capacity — fell over 6% last week while the Outbound Tender Rejection Index (OTRI) — the rate...
https://s29755.pcdn.co/news/winter-storms-blow-freight-market-back-into-disarray