Truck carrying capacity is falling faster than demand
Chart of the week: Outbound Tender Volume Index, Outbound Tender Rejection Rate – USA SONAR: OTVI.USA, OTRI.USA The national outbound tender volume index (OTVI), which measures truck demand, hit a record low for the month of October last week, registering a value of 9,311. This places the index approximately 19% less than last year and…