Total MDI: Down 4.5 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 4.5 points in the latest week to 28.6, a decrease of 13.5%. Compared to last year the MDI is up 14.3 points, or 99.9%. Over the last 4 weeks it has averaged a decrease of 1.9 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 0.3% from the previous week
Total equipment Rates posted on Truckstop.com increased 0.3% in the latest week to $2.27. Compared to last year Rates are up 24.4%. According to the Market Outlook from FTR we should expect to see Rates average a gain of 0.1% per week over the next four weeks.
Load Availability: Decreased 8.5% from the previous week
Load Availability for Total equipment on Truckstop.com decreased 8.5 % in the latest week to an index value of 112.1. Compared to last year Availability is up 53.7%. Over the last 4 weeks Availability has averaged a decrease of 4.07%.
For more information on the Trans4Cast, please contact:
Director of Research, Truckstop.com
RoxanneBullard@Truckstop.com | 800-203-2540 ext. 6230