Trucking

Chris Henry Tuesday, April 9, 2019

Outbound freight volumes climb in Midwest markets

Ashley Coker Several markets across the Midwest are experiencing climbing freight volumes, evidenced by jumps in FreightWaves’ SONAR’s Outbound Tender Volume Index (OTVI) values. Cleveland, Indianapolis and Milwaukee saw some of the most significant increases. (IMAGE; FREIGHTWAVES’ SONAR) OTVI is an index of accepted outbound tender volumes on a given day. The index was created […]

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Chris Henry Monday, April 8, 2019

Trucking employment falls for the first time in 11 months

PHOTO CREDIT: SHUTTERSTOCK Guest post by FreightWaves’ Chief Economisr Ibrahiim Bayaan Job growth rebounded nicely in March as employers added nearly 200,000 workers to payrolls during the month. This strength in hiring did not translate to the trucking industry however, where payrolls declined for the first time in nearly a year. The Bureau of Labor […]

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