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Freightwaves outbound tender volume index

WebOutbound Tender Volume Index (OTVI) measures the truckload volumes for 135 freight markets in the U.S. based on the daily volumes of electronically tendered m loam..s. SONAR’s tender volumes represent tender volumes of all trailer types on any given day and are organized by outbound volumes for the US and regional market granularity. WebJan 23, 2024 · Photo: Jim Allen/FreightWaves. The Outbound Tender Volume Index (OTVI) fell 3.4% week-over-week (w/w). This is a meaningful decline, but shouldn’t be …

Outbound tender volumes hold strong as peak season begins

Web2 days ago · Todd Maiden. · Tuesday, April 11, 2024. Even as inventories are being reduced the freight market is still waiting on a recovery. (Photo: Jim Allen/FreightWaves) A predictive rate index released Tuesday showed truckload pricing “tumbling” further in the second quarter while less-than-truckload rates stabilize from a “sharp drop” in the ... WebMar 14, 2024 · The FreightWaves SONAR Outbound Tender Volume Index (OTVI), which measures contract tender volumes across all modes, increased for the second consecutive month in February, registering 2.6% above January’s reading. On a yearly basis, however, the OTVI was down 29.5% from February-2024 levels and remained … showalter rv nappanee in https://americanffc.org

May Market Update - Arrive Logistics

WebAn index of tendered volumes on a given day. It is organized by inbound (ITVI) and outbound (OTVI) volumes for the U.S., regional, and market granularity. The index was … WebFreightWaves’ SONAR Outbound Tender Volume Index (OTVI) is a measurement of electronic ofers (aka “tenders”) from shippers (i.e. manufacturers, big box retailers, e … WebThis week’s FreightWaves Supply Chain Pricing Power Index: 60 (Carriers) ... The Outbound Tender Volume Index (OTVI) posted levels slightly below those of last week … showalter roofing services

OTVI (Outbound Tender Volume Index) - FreightWaves

Category:Newsletter – April 4, 2024 – CGL Cohesion

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Freightwaves outbound tender volume index

National tender rejection rates fall under 16% for first time in …

http://www.cglcohesion.com/newsletter-april-4-2024/ WebApr 12, 2024 · A proxy for truck capacity, the Outbound Tender Reject Index, shows the number of loads being rejected by carriers. The index has fallen to below 3% compared to a little more than a year ago when fleets were rejecting more than 20% of loads under contract. To learn more about FreightWaves SONAR, click here Chart: (SONAR: …

Freightwaves outbound tender volume index

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WebThe Headhaul Index will calculate the difference between the two indices, and therefore, the difference between outbound and inbound volume in markets. Example: OTVI.ATL was 250 as of August 1. ITVI.ATL was 200 as of August 1. HAUL.ATL would be equal to OTVI.ATL (250) minus ITVI.ATL (200), HAUL.ATL = 50. HAUL is also available in the tri … WebFreightWaves SONAR Outbound Tender Volume Index (OTVI), which measures contract freight volumes across all modes, was up roughly 60% year-over-year as demand peaked before Thanksgiving, but has fallen to 50% year-over-year growth through the first week in December . It is important to note that OTVI includes both accepted and rejected load ...

WebWelcome to FreightWaves Knowledge Center search-alternate Results View All Results Select Your Use Case 3PL Use SONAR to widen margins, win more freight, benchmark against the market, and forecast contract and spot rates. Learn More Carrier Use SONAR to maximize trucking rates and fleet utilization while minimizing operating costs. Learn More … WebJan 17, 2024 · The Freightwaves Outbound Tender Volume Index (OTVI), which measures contract tender volumes across all modes, fell 29.4% YoY in December and registered 3.6% below November. ... The …

WebReport this post Report Report. Back Submit WebApr 11, 2024 · Truckload Capacity Flips From Unsustainably Tight To Unsustainably Loose By Zach Strickland of FreightWaves For the first time since the economy was shuttered in the early phases of the COVID-19 pandemic, the national Outbound Tender Reject Index has fallen below 3%, making early 2024 the softest sustained truckload market since the …

WebSONAR Data By Category. A glossary of our exclusive market indices showing granularities and frequency of the data.

WebVan volumes are declining at a slower rate, as the Van Outbound Tender Reject Index (VOTVI) is down only 1.34% this week. Although VOTVI is down 14.15% y/y, accepted van volumes are up a slight 0.92% y/y. The Reefer Outbound Tender Volume Index (ROTVI) is less of a cause for celebration, as it is currently down 4.1% w/w. showalter rv sales and rentalsWebApr 10, 2024 · A proxy for truck capacity, the Outbound Tender Reject Index, shows the number of loads being rejected by carriers. The index has fallen to below 3% compared to a little more than a year ago when fleets were rejecting more than 20% of loads under contract. To learn more about FreightWaves SONAR, click here. Chart: (SONAR: … showalter school boardWebApr 9, 2024 · Chart of the Week: National Outbound Tender Reject Index – USA SONAR: OTRI.USA For the first time since the economy was shuttered in the early phases of the COVID-19 pandemic, the national Outbound Tender Reject Index has fallen below 3%, making early 2024 the softest sustained truckload market since the tender data history … showalter signs luray va