Tran4Cast Powered by Internet Truckstop Market Demand Index (MDI) Decreases 10%

| September 18, 2012 | 0 Comments


NEW PLYMOUTH, Idaho–(BUSINESS WIRE)–

Internet
Truckstop
, the largest web-based freight matching service in the
transportation industry reports that the Market Demand Index (MDI)
decreased 10% to 11.83 from 13.2 the previous week as reported in the
weekly Trans4Cast.

The overall average equipment rate decreased 3% to $2.09 from
$2.16 the previous week. Flatbed rates decreased 1% to $1.96 from
$1.98 the previous week. Reefer rates decreased 6% to $2.16 from
$2.30 the previous week. Specialized truck rates decreased 3% to
$2.41 from $2.49 the previous week. Van rates decreased 2% to
$1.82 from $1.86 the previous week.

“The economic climate remains tumultuous for trucking. On Friday, the
Census Bureau reported that August retail sales increased nearly 1% from
July, while the Federal Reserve reported that manufacturing activity
shed 0.7% over the same period. Trucking activity should be seasonally
strong through November, but broader instability continues to temper
volumes and rates.”

Jeremy West, Internet Truckstop Economist

About Internet Truckstop

Founded in 1995, Internet
Truckstop
is the first and largest freight matching service on the
web. Internet Truckstop offers more tools than any other freight
matching service available. These easy-to-use tools, the largest freight
database, and a commitment to the transportation industry make Internet
Truckstop the leader in Internet freight matching.

About Trans4Cast powered by Internet Truckstop

Trans4Cast
is the compilation of highly relevant data, easily accessible to all
trucking professionals. The Market Demand Index (MDI), a measure of
relative truck demand, is culled from Internet Truckstop data. Internet
Truckstop compiles this weekly report that will assist in making
critical business decisions. The report is now a web series with a news
anchor and appears as the Industry
Economic Update
on BigTruckTV.com,
Internet
Truckstop
, and Truckload
Carriers Association
. The show is produced bi-weekly and can be
accessed online 24/7. Jeremy West is the economic consultant preparing
this report. He holds a bachelor of science in Economics, with minor
degrees in Business and Creative Studies, from Texas AM University,
where he is currently completing a doctorate in Economics. For more
information on Trans4Cast, please contact Roxanne Bullard at
1-800-203-2540 ext. 6230.

Filed Under: Internet News

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