Morgan Stanley refrigerated index shows very tight capacity   

Morgan Stanley's refrigerated truckload freight index has fallen off somewhat from the pace of Q2 2010 indicating more readily available capacity at this time compared to Q2. Refrigerated capacity continues to be very tight relative to 2009 and to most other recent years. The exception is the hurricane-induced capacity shortages at the end of 2005. The last two months have shown increasing tightness of refrigerated capacity. The index measures incremental demand for refrigerated truckload services compared to incremental supply. The higher the index the tighter is capacity relative to demand when compared to a prior period.

Graph reproduced with permission from Morgan Stanley. For more information contact: Adam Longson at Adam.Longson@morganstanley.com​ or Bill Green at William.Greene@morganstanley.com

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