The Daily Dash is a quick look at what is happening today in the state of freight.
Freight volumes remain strong through July
There was little evidence that freight volumes would weaken beyond the Fourth of July holiday peak — and this bullish outlook proved correct. The outbound tender volume index (OTVI) remains strong after the traditional holiday peak and finished this week 25% above 2019 volumes. Truck capacity remains tight. Tender rejections climbed again this week and are now at 16.55%.
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https://s29755.pcdn.co/news/the-daily-dash-freight-volumes-capacity-and-earnings-remain-strong
