Longhaul domestic freight driving May recovery, signaling a strong June

Chart of the Week: Longhaul Outbound Tender Volume Index, Loaded Domestic Rail Containers, International Loaded Rail Containers – USA SONAR: LOTVI.USA, ORAILDOML.USA, ORAILINTL.USA

According to FreightWaves national Outbound Tender Volume Index (OTVI) and rail volume data that measures domestic loaded intermodal container moves (ORAILDOML), the freight market hit a bottom around the middle of April. The OTVI hit its lowest non-national-holiday point in its two-year history on April 16 of 8,439,...

https://s29755.pcdn.co/news/longhaul-domestic-freight-driving-may-recovery,-signaling-a-strong-june