FreightWaves released the National Trucking Index (NTI) during Monday’s Day 1 of The Future Of Supply Chain event, providing a benchmark that is dedicated to measuring the direction of the domestic truckload market.
The NTI is a seven-day moving average of spot rates that measures the U.S. for-hire, over-the-road dry van trucking market. This sector of the truckload market represents about 90% of all trucking freight services.
The NTI’s moving average measures dry van truckload transactions that...