What is truckload freight index?

What is truckload freight index?

FreightWaves National Truckload Index (NTI) is a seven-day moving average of spot rates that measures the U.S. for-hire, over-the-road dry van trucking market: Covering 250,000 lanes. Representing 8.7 million loads. Published 365 days of the year. Over 1,200 days of historical data.

Is there a trucking index?

Since 1995, the Cass Freight Index® has been a trusted measure of the North American freight market. Our monthly data and the Cass Transportation Index Report provide valuable insight into freight trends as they relate to other economic and supply chain indicators and the overall economy.

What is Cass Freight Index?

® The Cass Freight Index® measures overall North American freight volumes and expenditures. With over 9,000 subscribers, our monthly report is the source of insight into freight trends and how they relate to other supply chain indicators and the wider economy.

What are the current freight rates?

Here are the current rates for the most popular freight truck types:

• Overall average van rates vary from $2.30 – 2.86 per mile.
• Reefer rates are averaging $3.19 per mile, with the lowest rates being the Northeast at $2.47 per mile.
• Average flatbed rates average at $3.14 per mile.

What is the current load to truck ratio?

DAT reports the current national load-to-truck ratio is 3.43 loads to truck, compared to the April 24th average of 3.47. Ratios are highest in the Gulf coast states.

What is the Morgan Stanley freight index?

The Morgan Stanley Dry Van Freight Index is another measure of relative supply. The higher the index, the tighter the market conditions. According to the index, conditions have tightened as of late. This trend is in line with what we have seen across the other measures of relative supply.

What is the tonnage index?

Understanding the Truck Tonnage Index The index is weighted proportionately to reflect the current composition of the trucking industry. Calculation of the index uses a seasonal adjustment, and there is a one-month lag between the time of data compilation and reporting.

What is Trucking Conditions Index?

The Trucking Conditions Index tracks the changes representing five major conditions in the U.S. truck market. These conditions are: freight volumes, freight rates, fleet capacity, fuel price, and financing.

What percent of CPI is transportation?