This hasn’t been the best week for the Trans4Cast numbers, but there are some positives to this week’s numbers. The ITS Market Demand Index decreased for the third week in a row after a major spike at 16.87%. Load searching boosted another 6%, while truck availability decreased.
The overall average equipment rate remained unchanged, while flatbed rates stayed the same, reefer rates increased and van rates increased.
Fuel prices decreased to $4.11. We are seeing that retail prices should be pulling back because of slowing in global economic growth.
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