What does the next freight cycle look like?
FreightWaves SONAR
JULY 10, 2023
That pattern changed in 2016 as the industrial economy hit a stumbling block after the oil markets collapsed but the economy. Strong shifts in demand cannot be handled. The national Outbound Tender Volume Index (OTVI), which measures shipper requests for truckload capacity, was nearly 30% lower than the previous year.
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