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Total MDI: Down 1.6 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 1.6 points in the latest week to 19.5, a decrease of 7.6%. Compared to last year the MDI is up 11.0 points, or 129.2%. Over the last 4 weeks it has averaged an increase of 0.7 points. According to the Market Outlook from FTR we should expect to see it average an increase of 1.0 points over the next four weeks.
Total Rates: Down 1.5% from the previous week.
Total equipment Rates posted on Truckstop.com decreased 1.5% in the latest week to $1.88. Compared to last year Rates are up 3.9%. According to the Market Outlook from FTR we should expect to see Rates average a decline of 1.4% per week over the next four weeks.
Load Availability: Increased 15.0% from the previous week.
Load Availability for Total equipment on Truckstop.com increased 15.0 % in the latest week to an index value of 85.3. Compared to last year Availability is up 61.9%. Over the last 4 weeks Availability has averaged an increase of 3.43%.
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