Trading trucking company stocks
If you are a long-term investor in or a trader of trucking company stocks, we believe it is imperative to follow the FreightWaves SONAR outbound tender volumes index (OTVI) and outbound tender rejections index (OTRI). The reasons for this are two-fold: trucking stocks tend to trade based on a carrier’s financial performance; and future expectations […]
Why historical spot rates alone are not the best predictor of future spot rates
History tends to repeat itself, or does it? A common thought in the trucking industry is that looking at historical spot rates are good indicators of what to expect each year. It is true to an extent that historical trends do well to predict certain aspects of future spot rates, such as seasonal movement, but […]
Why do trucking spot rates change daily?
Trucking spot rates are the matching of real-time demand with real-time capacity on a daily basis.
