Week 30 07/30/2018
Total MDI: Down 3.0 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 3.0 points I the latest week to 42.6, a decrease of 6.5%. Compared to last year the MDI is up 11.0 points, or 34.7%. Over the last 4 weeks it has averaged a decrease of 6.8 points. According to the Market Outlook from FTR we should expect to see it average an increase of 0.3 points over the next four weeks.
Total Rates: Down 1.7% from the previous week.
Total equipment Rates posted on Truckstop.com decreased 1.7% in the latest week from $2.58. Compared to last year Rates are up 17.6%. According to the Market Outlook from FTR we should expect to see Rates average a decline of 0.3% per week over the next four weeks.
Load Availability: Decreased 4.8% from the previous week.
Load Availability for Total equipment on Truckstop.com decreased 4.8% in the latest week to an index value of 142.8. Compared to last year Availability is up 20.2%. Over the last 4 weeks Availability has averaged a decreased of 6.39%.
For more information on the Trans4Cast, please contact:
Director of Research, Truckstop.com
RoxanneBullard@Truckstop.com | 800-203-2540 ext. 6230