Fleet Management News & Business Info | Commercial Carrier Journal
Issue link: http://read.dmtmag.com/i/675319
MDI Rates Steadily Increase T ruckstop.com's Market Demand Index saw a steady rise through the nine-week period from Feb. 8 through April 11. Aer a rocky start to 2016, the MDI slipped to 8.30 on Feb. 8, but rebounded over the nine-week period to 15.00 on April 4 before dropping back to 13.99 on the final week of April 11. Overall rates steadily increase throughout the period, starting at a mark of $1.71 Feb. 8 and increased to $1.87 April 11. Van rates saw a slow increase throughout the nine-week stint, starting off at $1.53 for the first three weeks of the period, and finishing off a t$1.58 on April 11. Van rates reached a high of $1.60 during the period, those rates coming during the weeks of March 28 and April 4. Flatbed rates saw a sizable increase, going from a rate of $1.69 on Feb. 8 and steadily increasing to it high of the nine weeks of $1.91 on April 11. Reefer rates struggled throughout the nine weeks, starting off at a rate of $1.82 on Feb. 8 and dipping to a low of $1.74 Feb. 22 and March 14 before surging to its high of $1.82 on March 28 and dropping back to $1.78 April 11. Specialized rates remained mostly steady throughout the period, coming in at $2.25 on Feb. 8 and reaching a high of $2.39 April 4 before dropping back to $2.22 one week later. Diesel fuel prices began the period at just over $2 per gallon at $2.01 and dropped to a low of $1.97 on Feb. 22 before climbing throughout the remainder of the period to $2.12 the last two weeks of April 4 and April 11. Overall, all grades of gasoline changed direction aer sliding since the beginning of the year. Aer coming in at $1.87 Feb. 8, gasoline reached a low of $1.83 Feb. 15, then began a steady climb to $2.17 April 11. 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. TRANS4CAST ™ Powered by Truckstop.com & FTR Source: Truckstop.com Trans4Cast Market Demand Index (MDI) Source: Truckstop.com Trans4Cast Equipment Rates Vo l . 1 0 , N o . 3 TRUCKSTOP.COM 5