What is it? The difference between spot and contract dry van rates at a national level excluding estimated fuel costs. It is based on the National Trucking Index less the cost of fuel at various levels (NTIL, NTIL12, NTIL20) and FreightWaves van contract rate data initial report (VCRPM1), which is a lagging index (14-day lag). The rate spreads are offered … Read More
National Truckload Index – (NTI, NTIB, NTID, NTIL)
National Truckload Index – NTI, NTIB – business, NTID – daily, NTIL – linehaul only What is it? A national (U.S.) spot rate index based on an average of booked spot dry van loads from 250,000 lanes. These transactions originate from FreightWaves Trusted Rate Assessment Consortium (TRAC) and are reported daily. The values are inclusive of fuel and exclude loads … Read More