Total MDI: Up 8.4 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 increased 8.4 points in the latest week to 37.2, an increase of 29.4%. Compared to last year the MDI is up 19.8 points, or 113.5%. Over the last 4 weeks it has averaged an increase of 3.1 points. According to the Market Outlook from FTR we should expect to see it average a decrease of 0.9 points over the next four weeks.
Total Rates: Up 2.3% from the previous week
Total equipment Rates posted on Truckstop.com increased 2.3% in the latest week to $2.20. Compared to last year Rates are up 10.9%. According to the Market Outlook from FTR we should expect to see Rates average a decline of 0.1% per week over the next four weeks.
Load Availability: Increased 33.3% from the previous week
Load Availability for Total equipment on Truckstop.com increased 33.3 % in the latest week to an index value of 136.9. Compared to last year Availability is up 50.5%. Over the last 4 weeks Availability has averaged an increase of 7.04%.
For more information on the Trans4Cast, please contact:
Director of Research, Truckstop.com
RoxanneBullard@Truckstop.com | 800-203-2540 ext. 6230