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Trucking conditions poised for rebound

The FTR Trucking Conditions Index for March rang in at 7.3, reflecting a continued softness due to the end of the large drops in fuel costs and a modest lessening of demand for truck services, according to the research firm. However, FTR expects conditions affecting trucking companies to rebound by summer as economic growth improves,

Shippers conditions Index dips into negative territory

FTR’s Shippers Conditions Index for February declined from January to a -1.0 reading as the short-term positive impact from one-time adjustments for rapidly dropping diesel prices and reversal of the 2013 hours-of-service changes runs out. From here, the index is expected to deteriorate under pressures building from new regulations hitting the trucking sector along with

February trucking index ‘modestly positive’

FTR’s Trucking Conditions Index for February at 7.4 reflects a softening in capacity utilization due to the hours of service suspension and fluctuating diesel prices, the research firm stated. FTR expects the TCI to rise into the summer months and beyond, and expects it could hit double digit positive readings before 2016 as the industry

Fuel, freight rates, load growth, capacity impact Trucking Conditions Index

FTR’s Trucking Conditions Index for January dropped 34% month-over-month to a reading of 7.8, reflecting positive impacts from continued drops in fuel prices being offset by weaker inputs from freight rates, load growth and capacity. According to the research firm, it expects the index to maintain at a high level and move upward again in

Lower fuel costs improve trucking conditions in December

FTR’s Trucking Conditions Index for December improved 30% month-over-month to a reading of 11.80, reflecting the dramatic drop in fuel costs during the period. Freight growth also remained strong with contract rates continuing to rise. FTR expects a modest relaxation of capacity constraints in 2015, along with a bounce back in diesel prices to keep

FTR reports strong market trends

In its latest issue of FTR‘s Trucking Update, FTR reported that its September Trucking Conditions Index (TCI) for September was 9.07—a positive reading that reflects strong underlying market trends. According to FTR, the TCI has moved up in the last couple of months, due to increased rate gains, and will remain in very positive but

FTR reports no relief for August shippers conditions

FTR’s Shippers Conditions Index (SCI) for August, at a reading of -6.5, remains at a sustained low level reflective of persistent capacity shortages and rising rates. Costs to ship goods in the current freight environment are expected to remain elevated, said FTR. The firm also reported that truck rates have moved firmly upward with 4-plus

Trucking conditions stabilizing at high level

FTR’s Trucking Conditions Index (TCI) reports an increased reading of 9.10 for August, continuing an upward trend that reflects an uneasily tight capacity situation. As market tightness continues, rate and service spreads are increasing between “good” and “bad” freight, said the research firm. Added the company, carriers are experiencing demand levels for their services that

Increasing transportation costs leads to drop in Shippers Condition Index

FTR’s Shippers Conditions Index (SCI) for July fell 1.3 points from the previous month to a reading of -7.8, reflecting tightening truck capacity and a strong upward move in contract pricing ahead of the fall shipping surge. According to the report, contract markets are beginning to show their first significant reaction to the driver shortage

Positive movement for trucking conditions in June

In the August issue of FTR’s Trucking Update, FTR reported that its Trucking Conditions Index showed some positive upward movement in June after moderating slightly during the prior two months. FTR said that the June reading of 7.64 reflects an environment in which carriers are gaining market power but rates are struggling to keep up