Trucking capacity has been on a roller coaster ride in 2018. Coming out of an eventful second half of 2017, the freight market appeared to be in uncharted territory in terms of volatility and network disruption. FreightWaves proprietary outbound tender rejection index (OTRI) was developed for the purpose of identifying when and what direction the freight market was moving - a declining rejection rate indicates capacity is increasing and an increasing rejection rate indicates capacity is decreasing. The tender volume index (OTVI) was developed to measure how freight volume was impacting freight capacity. Intuitively, one would think volume and capacity are as intertwined as the two pieces of bread that make a pretzel. Looking at a chart of the OTRI and OTVI it reveals the two concepts are related but not perfectly correlated. ••• What do you think?
Featuring comfier, smoother buses; friendlier drivers; more seats; great value fares; and a better timetable with earlier starts & later finishes, the stars in blue are on to a winner with the newly extended @bluestar_bus B*17.
#AdventCalendarOfBuses Day 16.