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Tag: OTVI


Shipping

Freight markets are stuck in the doldrums

March 17, 2023

Via: FreightWaves

Freight demand took a bit of a beating this week as several alarms were sounded across the broader economy. The labor market continues to convey mixed signals while manufacturers are firmly pessimistic about their near-term prospects. The consumer will be […]


Shipping

Rejection rates continue rapid descent, pulling rates down with them

April 15, 2022

Via: FreightWaves

Merely unseasonable dips in freight demand have cemented into a downward trend, reflecting shippers’ overfull inventories and consumer concerns about rising inflation. Even after adjusting for tricky comps, the Outbound Tender Volume Index (OTVI) continues to underperform against year-ago levels. […]