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were bottoming

Example Sentences

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Major reservoirs in the Sierra Nevada and the Colorado River were bottoming out, and many rural communities were starting to see their wells go dry.

From Salon May 7, 2023

The chief executive of container shipping company Ocean Network Express, Jeremy Nixon, said in December that short-term spot rates were "bottoming out."

From Reuters Jan. 9, 2023

Panamax rates will also increase by the fourth quarter because global demand is expanding, said Castalia’s Van den Abeele, who correctly forecast that capesize rates were bottoming at the beginning of February.

From BusinessWeek Apr. 7, 2011