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A sign of an improving economy????
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eddiedry
Posted 2/8/2010 19:39 (#1064844)
Subject: A sign of an improving economy????



Wheatley, Arkansas

Freight and rates both uptrending. 

 

CRITICAL DATA FOR BETTER DECISIONS

A week over week Quick View of the transportation industry Vol. 3, No. 6

February 8, 2010

Dear Subscribers,

The ITS
Market Demand Index

(MDI) jumped 8% to 5.28 from 4.88

the previous week.

Load availability surged 6% but

load searching fell 2% compared

to the previous week. Truckavailability

dipped 3% but truck

searching rose 2% compared to

the previous week. Average

equipment rates surged 4% to

$1.61 from $1.55 the previous

week.
Fuel prices dropped 2% to

$2.78 per gallon from $2.83 per

gallon the previous week. Sponsored By:

Both inbound rates and outbound rates went up compared to the previous

week. Load turnaround times were 8% worse at 178 minutes from 165minutes the previous week.

Truck turnaround improved 2% to 181 minutes

from 185 minutes the previous week.

The ITS
weekly credit score index was worse last week at 31.14 days from

31.05 days the previous week.

Last week load supply continued to increase and equipment rates surged.

As a result, truck demand and truck turnaround times improved. Expect the

freight market to continue getting better.

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