With a 3% increase to the ITS Market Demand Index (MDI) shows we might have a head start on the summer season in the trucking industry. Load and truck availability have also increased and the overall average equipment rate increased as well.
We see the fuel prices are still decreasing slightly.
The increase this week halted a six-week decline in the weekly MDI. Supported in part by strong manufacturing volumes, this break in trend may indicate an early start to the summer seasonal increase in volumes. However, the continuing disconnect between fuel prices and equipment rates remains concerning. To see a full report of the Trans4Cast please visit: www.trans4cast.com