FTR’s Trucking Conditions Index continues rise in July
FTR’s Trucking Conditions Index (TCI) measure for July continued its recent rise with a new high for the year at a reading of 8.07. Substantial upward revisions to first quarter freight growth have helped to push full year growth projections close to 4%. The stronger freight forecast is now reflected in the improved TCI readings which
FTR’s Trucking Conditions Index rises to its highest level of 2015
FTR’s Trucking Conditions Index (TCI) measure for June rose back up from May, jumping 56% to 7.66, hitting the highest level of 2015. Freight growth slowed during Q2, but rates continue to show growth and margins are still good. FTR expects regulatory conditions and a continued economic recovery to fuel an accelerating index during 2016.
FTR’s Trucking Conditions Index hits three-year low in May
FTR’s Trucking Conditions Index (TCI) measure for May dropped another 25% to a three-year low of 4.91 due to softer capacity, pricing, and fuel prices. Tight capacity from earlier in the year has eased following the partial suspension of the latest Hours of Service changes. FTR predicts the Trucking Conditions Index will soon move up
FTR’s Trucking Conditions Index remains in positive territory
At a reading of 8.53, FTR‘s Trucking Conditions Index fell only slightly from September’s level reflecting still strong fundamentals for trucking firms. According to FTR, underlying capacity utilization is retreating from the dangerous 99% level reached earlier in 2014, and the market is expected to remain tight. FTR forecasts capacity to ease very modestly in 2015
FTR: April Trucking Conditions Index fell
FTR’s Trucking Conditions Index (TCI) in April fell more than two points to a reading of 5.91, the company reports. The company noted that the current reading is below the recent trend line for this index but is simply reflecting short term fluctuations inherent in the overall measurement of trucking conditions. The environment for carriers
FTR’s Trucking Conditions Index reflects stressed supply conditions
FTR’s Trucking Conditions Index (TCI) in March rose more than one point to a reading of 8.69, reflecting the extremely tight capacity in the Truckload sector. There is a possibility for some relief of the tight truckload capacity over the next few months if freight growth slows as expected in the second quarter, the company
FTR’s Trucking Conditions Index reflects positive environment for truckers in early 2014
FTR’s Trucking Conditions Index (TCI) reading of 8.82 for January reflects a very positive environment for truckers in early 2014, according to the monthly Trucking Update from FTR’s Freight Focus series and reports. FTR expects the index to remain high as regulatory drag keeps capacity tight. The 2.8 point increase in the index from December
FTR’s Trucking Conditions Index remains high in October
FTR’s Trucking Conditions Index (TCI) reading of 9.18 in October, while down marginally from the previous month, remains high due to capacity tightness from regulatory drag (hours-of-service). Truck utilization is in the range where increasing capacity constraints put upward pressure on rates. Slowing regulatory momentum would ease this situation, but, if increased economic growth is
FTR reports increased Trucking Conditions Index
FTR’s Trucking Conditions Index for August, as reported in the October 2012 Trucking Update, rose 1.4 points from July to a reading of 5.8. The index has been in mildly positive territory since the economy weakened in early 2011.
FTR’s Trucking Conditions Index continues upward trend
The index rose to 13.30 in March from a February reading of 9.92. A key driver for the improvement in the TCI was the ability of carriers to garner higher rates as industry capacity tightened, according to FTR.