Fleet Management News & Business Info | Commercial Carrier Journal
Issue link: http://read.dmtmag.com/i/560501
Truckstop.com's MDI Falls 45 Percent in 10-Week Period T ruckstop.com's Market Demand Index showed a marked decrease during the period from June 8 through August 10, falling o 45 percent with a mark of 10.84 on Aug. 10, compared to a mark of 19.68 on June 8. e overall equipment rate fell across the board, with the average equipment rate coming in at $1.99 Aug. 10, aer starting the period at $2.18 June 8, a decrease of 8.8 percent. e overall equipment rate hit a high of $2.20 on June 29, but fell continuously over the last six weeks of the period. Flatbed rates also saw a decrease, falling 7.4 percent to $2.01 on Aug. 10, aer starting out at $2.17 on June 8. Flatbed rates hit a high of $2.18 on June 22 and slipped below $2 per mile on Aug. 10, falling to the low of $2.01. Reefer rates fell 15 percent, coming in at $2.04 on Aug. 10, aer starting the period at $2.40. Reefer rates hit their peak at $2.41 on June 29 and July 6, but tailed o in the nal weeks, posting its lowest rate of $2.03 on Aug. 3. Specialized rates dropped o 3.9 percent, coming in at $2.53 on Aug. 10, aer starting the period at $2.63 June 8. Specialized rates hit their highest rate June 29 and July 7, coming in at $2.69 per mile, and fell to their lowest rate of $2.21 on July 20 before seeing a gradual climb in the last three weeks of the period. Van rates were also o, falling 8.8 percent over the 10-week period. Van rates came in at $1.76 per mile on Aug. 10, its lowest mark of the period, aer starting the period at $2.03. Van rates hit their highest point on June 29 and July 6, coming in at $2.04. e Weekly On-Highway Diesel Fuel Price averages fell 8 percent during the 10-week period coming in at $2.63 per gallon on Aug. 10, aer starting the period at a high of $2.89 per gallon. Fuel prices fell in each week of the period, coming in at a six-year low. Prices took their biggest decline from July 27 to Aug. 3, falling 7 cents per gallon from $2.75 per gallon to $2.68 per gallon. Trans4Cast is created through an alliance between Truckstop.com and FTR, combining Truckstop.com's rich data with FTR's deep analytical expertise to create a standard for North American Truck Market insight. Transportation Economist Noël Perry compiles the weekly report, which is essential for making critical business decisions. For more information on Trans4Cast, please contact Roxanne Bullard at 1-800-203-2540 Ext. 6230. Powered by Truckstop.com & FTR E Q U I P M E N T R AT E S M A R K E T D E M A N D I N D E X ( M D I ) Source: Truckstop.com Trans4Cast Source: Truckstop.com Trans4Cast Vo l . 9 , N o . 5 TRUCKSTOP.COM 5