Powered by Truckstop.com and FTR
Total Rates: Up 0.1% from the previous week.
Total MDI: Down 7.8 points from the previous week.
The MDI is a measure of relative truck demand in the spot market. It compares load availability to truck availability.
The MDI for Total equipment decreased 7.8 points in the latest week to 54.1, a decrease of 12.6%. Compared to last year the MDI is up 28.6 points, or 112.3%. Over the last 4 weeks it has averaged an increase of 0.2 points. According to the Market Outlook from FTR we should expect to see it average an increase of 1.5 points over the next four weeks.
Total equipment Rates posted on Truckstop.com increased 0.1% in the latest week to $2.54. Compared to last year Rates are up 26.2%. According to the Market Outlook from FTR we should expect to see Rates average a gain of 0.9% per week over the next four weeks.
Load Availability: Decreased 1.9% from the previous week.
Load Availability for Total equipment on Truckstop.com decreased 1.9 % in the latest week to an index value of 181.6. Compared to last year Availability is up 71.9%.
Over the last 4 weeks Availability has averaged an increase of 1.20%.
For more information on the Trans4Cast, please contact:
Director of Research, Truckstop.com
+1 800.203.2540, ext. 6230
Want more? FREE 20-day trial exclusively for CSCMP members!
Sign up today to start your 30-day free trial to Trans4Cast and receive wide-ranging analysis about the ever-changing transportation industry. Enter Promo Code: CSCMP