Morgan Stanley indicates truckload van capacity-demand balance near average levels   

Morgan Stanley's dry van truckload freight index indicates capacity has eased significantly in recent weeks. Demand-capacity balance is very close to the '95-'10 average levels for this time of year. Capacity has been more readily available than 2010 since the lines crossed in April. Unless the economy recovers and we experience a fall peak shipping season, we are not likely to see tight capacity for the balance of 2011. The index measures incremental demand for dry-van 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 Greene at William.Greene@morganstanley.com