Trans4Cast: MDI Dips Slightly
June 20, 2017
Total MDI: Down 1.9 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 1.9 points in the latest week to 35.3, a decrease of 5.1%. Compared to last year the MDI is up 19.3 points, or 121.3%. Over the last 4 weeks it has averaged an increase of 2.1 points. According to the Market Outlook from FTR we should expect to see it average a decrease of 0.7 points over the next four weeks.
Total Rates: Up 1.0% from the previous week
Total equipment Rates posted on Truckstop.com increased 1.0% in the latest week to $2.22. Compared to last year Rates are up 13.3%. According to the Market Outlook from FTR we should expect to see Rates average a decline of 0.6% per week over the next four weeks.
Load Availability: Decreased 0.8% from the previous week
Load Availability for Total equipment on Truckstop.com decreased 0.8% in the latest week to an index value of 135.8. Compared to last year Availability is up 57.5%. Over the last 4 weeks Availability has averaged an increase of 5.43%.
For more information on the Trans4Cast, please contact:
Director of Research, Truckstop.com
RoxanneBullard@Truckstop.com | 800-203-2540 ext. 6230