Mid-summer
Falloff Keeps MDI
in Low Range
C
oming into the summer season, the Market Demand Index
looked as though it was poised to take off, but a mid-summer
slump kept the MDI in lower ranges throughout most of the
10-week period from June 13 through Aug. 15.
e MDI started the period at 17.40, and rose to a high of 17.49, but
the post-holiday slump took over and the MDI gradually faded to its
lowest point of 12.11 on Aug. 15.
Overall rates followed suit, jumping to a high in the 10-week period
of $2.02 on July 4, but tumbling to their lowest point of the period of
Aug. 15 at $1.84.
Flatbed rates also hit their lowest point on Aug. 15 at $1.81 aer
striking a high of $1.98 on June 13.
Reefer rates fared little better, hitting a high of $2.28 on July 4, then
falling off in the post-holiday period to $2.05 Aug. 15. Reefer rates hit
their lowest rate of $1.99 on July 25.
Specialized rates topped out at $2.30 on June 27 and remained in the
$2.20 range throughout the period, settling at its low of $2.23 on Aug. 15.
Van rates also suffered from the post-holiday slump, falling from a
high of $1.95 on July 4 to its lowest of $1.68 on Aug. 15.
Diesel and all-grade gasoline prices also declined during the 10-week
period. Diesel dropped from a high of $2.44 on June 20 to its lowest
point of the period on Aug. 15 at $2.31. All-grade gasoline fell from a
high of $2.50 on June 13 to a low of $2.26 Aug. 15.
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
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