truckload demand

Trucking picks up rail’s slack, but not in the way you think

Chart of the Week: Outbound Loaded Rail Container Volume Index, Outbound Tender Volume Index – USA  SONAR: ORAILL.USA, OTVI.USA

The National Outbound Tender Volume Index shows a 4% year-over-year growth rate compared to the Outbound Loaded Rail Container Volume Index’s (ORAILL) 12% decline. With demand for surface transportation remaining consistent, this is a not so subtle indication that shippers are choosing trucks over trains when rail container volume is supposed to be on the rise. 

Tradition...

https://www.freightwaves.com/news/trucking-picks-up-rails-slack-but-not-in-the-way-you-think

Southern truckload capacity vanishes before the 4th

Chart of the Week: Outbound Tender Reject Index – Atlanta, Dallas  SONAR: OTRI.ATL, OTRI.DAL

Just when shippers and freight brokers thought the U.S. freight market was easing, capacity tightened to record levels in two of the nation’s largest freight centers: Atlanta and Dallas. The outbound tender reject index (OTRI), which measures the rate at which carriers reject electronic requests for capacity from shippers, jumped to its highest values since the index was created back in early 2018. So...

https://www.freightwaves.com/news/southern-truckload-capacity-vanishes-before-the-4th

Trucking gets another shot in the arm from quarantined consumers

Chart of the Week:  Outbound Tender Volume Index – USA, Personal Consumption Expenditures – Durable Goods SONAR: OTVI.USA, PCE.DG

Just as the consumer goods boom appeared to be in decline, spending got another boost on the heels of more stimulus and spiking COVID-19 cases, posting an unexpected 12% sequential gain in January over December after the holiday spending had passed. FreightWaves Outbound Tender Volume Index (OTVI), which measures truckload electronic tender volumes in the U.S., posted...

https://s29755.pcdn.co/news/trucking-gets-another-shot-in-the-arm-from-quarantined-consumers

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