Chart of the Week: Outbound Average Length of Haul– USA SONAR: OALOHA.USA
Demand for longer-haul capacity has grown significantly over the past five months, driving the average length of haul for truckload tenders 10% higher. An unseasonal increase in this index is indicating shippers are seeing easing demand at the personal consumption level, are still trying to build inventories or both.
The Outbound Average Length of Haul index (OALOHA) measures the average distance between the origin and...
Chart of the Week: Long Haul Outbound Tender Volume Index, Tweener Outbound Tender Volume Index, Short Haul Outbound Tender Volume Index, Local Outbound Tender Volume Index – USA SONAR: LOTVI.USA, TOTVI.USA, SOTVI.USA, COTVI.USA
Total load tender volumes (shippers’ electronic requests for capacity) have not changed much since March — falling only 1.8% — but their rate of rejection has fallen from 28% to 21% in the same time period. In other words, more loads are being accepted at previously...
https://www.freightwaves.com/news/short-haul-freight-drives-carrier-compliance-higher
Chart of the Week: Outbound Average Length of Haul, Outbound Tender Volume Index – USA SONAR: OALOHA.USA, OTVI.USA
The average length of haul for requested load tenders has increased 6% or roughly 20 miles since the same period last year. This may not seem like a big deal at first, but with accepted volumes being over 20% higher than this time last year, those miles have a multiplier on them — putting a deeper strain on capacity than the tender volumes alone suggest.
The average length of haul...
https://s29755.pcdn.co/news/long-haul-freight-boom-leads-to-pre-peak-capacity-crunch