Freight markets find stability during final week of October

 Freight markets find stability during final week of October

This week’s DHL Supply Chain Pricing Power Index: 70 (Carriers)

Last week’s DHL Supply Chain Pricing Power Index: 70 (Carriers)

Three-month DHL Supply Chain Pricing Power Index Outlook: 75 (Carriers)

The DHL Supply Chain Pricing Power Index uses the analytics and data in FreightWaves SONAR to analyze the market and estimate the negotiating power for rates between shippers and carriers. 

The Pricing Power Index is based on the following indicators:

Tender volumes pick up slightly during the final week of October

The Outbound Tender Volume Index (OTVI), shippers’ requests for capacity, has slowly started to climb over the past week. OTVI increased by 1.1% over the past week, the strongest weekly increase during the past month.

Outbound volumes jump slightly in the final week of October
SONAR: OTVI.USA: 2021 (blue), 2020 (green) and 2019 (orange)
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