FTR’s Trucking Conditions Index remains steady
FTR’s Trucking Conditions Index (TCI) for November, at 4.58, changed little from the previous month’s adjusted reading of 4.38. The current TCI level is consistent with FTR’s forecasts of steadily-improving trucking conditions heading into 2017. An expectation for stronger demand, along with the mandate for electronic logging devices (ELD), should tighten capacity through 2017, with
FTR’s Trucking Conditions Index dips ahead of expected market improvement
FTR’s Trucking Conditions Index (TCI) for October, at a reading of 2.84, continued the short-term pullback ahead of expected capacity tightening in 2017. While current readings are in low positive territory, the index remains on course to reflect improving conditions for carriers as capacity tightens from regulations being implemented. This will improve pricing and margins
FTR’s Trucking Conditions Index for September reflects modest market tightening
FTR’s Trucking Conditions Index (TCI) for September at a reading of 5.47 retreated somewhat from August. However, the overall positive trend in the index reflects the modest tightening in capacity as additional regulations take effect in 2017. This expected drag on capacity should improve pricing and margins for carriers through the end of next year.
FTR’s Trucking Conditions Index improves in July
FTR’s Trucking Conditions Index (TCI) for July received a bounce to a reading of 5.99, reflecting improved market prospects due to moderate economic growth and a regulatory agenda that will tighten capacity utilization. Building regulatory drag over the next eighteen months should increase pricing and margins for fleets that have capacity. TCI readings for the
FTR’s Trucking Conditions Index remains at low level in June
FTR’s Trucking Conditions Index (TCI) for June, at a reading of 2.92, continues from the previous month in a low trough due to slow freight and a lull in new regulations. Even with negatives affecting the trucking sector, the reading remains above zero which is the break point between good and bad conditions. The TCI
FTR’s Trucking Conditions Index hits lowest level since 2011
FTR’s Trucking Conditions Index (TCI) for May fell to its lowest level since 2011 at a reading of 1.69, nearly five points lower than the previous month. Negatively affecting truckers are lower freight rates and capacity utilization that has dropped below 95%. The TCI is currently forecasted by FTR to rise into the mid-single digits
FTR’s Trucking Conditions Index remains at a low level
FTR’s Trucking Conditions Index (TCI) for April at a 6.2 reading, while up month-over-month, reflects soft market conditions affecting the trucking sector. The market is mired in a slowdown with truck freight growth slowing and a modest amount of excessive equipment. FTR is currently forecasting a transition to moderate growth toward the end of the
FTR’s Trucking Conditions Index continues to fall in October ahead of expected improvements in 2016
FTR’s Trucking Conditions Index (TCI) measure for October fell more than three points from September to a reading of 5.06. The TCI was projected by FTR to decline through 2015 Q4, so the October reading was not unexpected by FTR. Conditions are expected to improve for truckers in 2016 as shippers become concerned with the
FTR’s Trucking Conditions Index falls in September, improvement expected in 2016
FTR’s Trucking Conditions Index (TCI) measure for September declined from the previous month to a reading of 8.46 (as seen in the graph above). The Trucking Conditions Index has been uneven through 2015 and is expected to decline further by the end of the year. The trucking environment remains in a fragile equilibrium between decent
FTR’s Trucking Conditions Index improves again in August
FTR’s Trucking Conditions Index (TCI) measure for August, at a reading of 9.53, reflects healthy freight growth projections. Positive revisions to Q1 and Q2 economic data have improved FTR’s freight growth forecast to +4.4% for full year 2015. The Trucking Conditions Index, as shown in the graph above, has been steadily rising over the past
