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.

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NTI.USA
FreightWaves National Truckload Index

7 day average

$0.000 USD
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last updated: 00/00/00

Using FreightWaves NTI as a Freight Benchmark

Shippers

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.

3PLs

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.

Carriers

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.

Economists

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.

Journalists

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.

Analysts

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

FreightWaves TRAC Spot Rate

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 TRAC Spot Freight Rates
FreightWaves TRAC Spot Rate

Data Timeliness

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.

FreightWaves TRAC Rate Chart

Frequently Asked Questions

Governance

FreightWaves Data Contributor Code of Conduct
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FreightWaves Index Complaint Process
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FreightWaves Index Conflicts of Interest Management
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FreightWaves Index Definition of Key Terms
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FreightWaves Index Governance Structure
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FreightWaves National Truckload Index (NTID) Methodology
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