Total MDI: Down 1.5 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 1.5 points in the latest week to 24.6, a decrease of 5.9%. Compared to last year the MDI is up 11.8 points, or 91.4%. Over the last 4 weeks it has averaged a decrease of 0.2 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 0.1% from the previous week
Total equipment Rates posted on Truckstop.com decreased 0.1% in the latest week to $2.07. Compared to last year Rates are up 9.8%. According to the Market Outlook from FTR we should expect to see Rates average a gain of 0.7% per week over the next four weeks.
Load Availability: Decreased 4.1% from the previous week
Load Availability for Total equipment on Truckstop.com decreased 4.1 % in the latest week to an index value of 109.0. Compared to last year Availability is up 48.3%. Over the last 4 weeks Availability has averaged an increase of 0.92%.
For more information on the Trans4Cast, please contact:
Director of Research, Truckstop.com
RoxanneBullard@Truckstop.com | 800-203-2540 ext. 623