FreightWaves National Truckload Index (NTI)
The Pulse of the US Supply Chain
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
A real-time proxy for the health of the national supply chain used by freight and non-freight businesses to make more accurate decisions. Historical and daily NTI data available only through FreightWaves.
FreightWaves National Truckload Index
7 day average
last updated: 00/00/00
NTI in the News
Trucking rate relief in 2022? Not so fast
FreightWaves SONAR releases Capacity Trend Indices
Prioritizing your day with SONAR – Freight Forecasting (video)
Charting Load Volumes and Capacity Fluctuations – Freight Forecasting (video)
Forecasting Volumes and Capacity – Freight Forecasting (video)
Using FreightWaves NTI as a Freight Benchmark
Shippers must get their goods to market. The FreightWaves National Truckload Index (NTI) provides insight into daily rates for shippers’ transportation managers, as well as a view into market trends and price levels for management teams.
FreightWaves National Truckload Index can help a broker set competitive rates while retaining a healthy margin. These rates can be justified to the shipper by referencing NTI, showing how and why rates have moved in a given direction.
FreightWaves National Truckload Index (NTI) is a transparent benchmark rate that can be shared with shippers to convince them that rates are in-line with the Index. NTI can also be used as a benchmark rate in shipping agreements as an impartial method to establish trust with shippers.
The FreightWaves National Truckload Index (NTI) paints a real-time picture of the transportation industry, which helps drive the overall economy. Economists can use this as a leading indicator related to inflationary pressure and consumer spending.
FreightWaves National Truckload Index (NTI) provides insight into the U.S. transportation market supply chains that can be used when providing news to the transportation and financial markets, transportation-reliant businesses, and the general public.
The FreightWaves National Truckload Index (NTI) provides access to daily spot rate data so that financial models, research, recommendations, and commentary can react quickly to fast-changing freight market conditions.
What Makes FreightWaves National Truckload Index a Reliable Supply Chain Benchmark
Built on Transparency
FreightWaves is trusted by the freight/logistics/supply chain industries and contributors to act as an independent, neutral and unbiased price assessor in the collection of spot rate data. The FreightWaves National Truckload Index (NTI) is constructed in accordance with a methodology and governance structure developed using best practices from the index provider industry.
Accurate Spot Rate Data
FreightWaves National Truckload Index utilizes FreightWaves TRAC spot data that is received daily directly from the consortium members’ back-end systems. Data reporting standards ensure the accuracy of all data submitted to FreightWaves for NTI.
FreightWaves National Truckload Index (NTI) is based on actual transactions between transportation providers and brokers submitted as of the previous day’s close of business. This represents actual transactions tendered, providing insight into the current spot market conditions over the past 24 hours. The daily rate is released at 9:00 a.m. each day, with the exception of holidays.
Breadth of Coverage
The FreightWaves National Truckload Index (NTI) covers 250,000 unique trucking lanes and 8.7 million transactions. The index reflects the broadest representation of the current cost of transporting goods in the U.S. market. Granular lane-level data is available through FreightWaves TRAC.
Frequently Asked Questions
Request Access to the FreightWaves National Truckload Index
Please fill out the form below and a member of our team will be in touch shortly.