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Despite signs that the truckload market is preparing for a rebound, economic headwinds continue to push the timeline further out. This week’s FreightWaves Chart of the Week—tracking the Outbound Tender Reject Index (OTRI) and the National Truckload Index (linehaul only)—offers a snapshot of a market caught in limbo. Over the past two years, both OTRI…
Global economic growth is projected to slow this year, largely due to U.S. tariffs imposed under President Donald Trump, according to a major international policy body. The Organization for Economic Co-operation and Development (OECD) has revised its global growth forecast down to a “modest” 2.9%, from an earlier estimate of 3.1%. The group cited a…
