Chart of the Week: Motor Vehicles and Parts Carloads – USA, Outbound Tender Volume Index – Detroit SONAR: RTOMV.USA, OTVI.DTW
Freight volumes of automotive parts are still recovering as demand for many durable goods wanes. Is it sustainable?
Rail carloads for motor vehicles and parts averaged 11% higher year over year in October as part of a recovery trend that started earlier in the year. The Detroit Outbound Tender Volume Index (OTVI) shows a historical elevation in activity since this spring....
https://www.freightwaves.com/news/auto-freight-rolling-strong-as-economy-hits-the-breaks