The slight year-over-year drop in quarterly revenue was the first for ODFL since 2009.
The fifth-largest U.S. truckload carrier is cutting some shippers loose as they seek deep rate cuts in a soft market.
Tonnage drops in June despite other improving indicators for trucking.
Indian exports are rebounding from a slide that lasted more than year.
Economic indicator shows no sign of inventory destocking in May.
U.S. containerized imports should slightly rise over the second half of 2016.
Japanese container trade volume will slip slightly in fiscal 2016 for the third straight year.
Californian merchandise exporters struggled in May.
With next month’s summer Olympics a disaster long before the torch is lit, and with political and economic upheaval swirling, South America’s biggest economy is in the midst of one of its deepest recessions.
The state of U.S. freight growth in 2016 and perhaps next year hangs on inventories.