Total MDI: Up 2.7 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 2.7 points in the latest week to 45.4, an increase of 6.3%. Compared to last year, the MDI is up 30.1 points, or 196.6%. Over the last 4 weeks, it has averaged an increase of 3.3 points. According to the Market Outlook from FTR, we should expect to see it average a decrease of 1.3 points over the next four weeks.
Total Rates: Down 0.7% from the previous week
Total equipment Rates posted on Truckstop.com decreased 0.7% in the latest week to $2.34. Compared to last year, Rates are up 28.1%. 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 4.0% from the previous week
Load Availability for Total equipment on Truckstop.com increased 4.0 % in the latest week to an index value of 155.7. Compared to last year, Availability is up 106.1%. Over the last 4 weeks, Availability has averaged an increase of 8.54%.
For more information on the Trans4Cast, please contact:
Director of Research, Truckstop.com
RoxanneBullard@Truckstop.com | 800-203-2540 ext. 6230