FTR Trucking Conditions Index falls in December
FTR says the drop was mostly due to higher capital cost and a deterioration in freight rates, a trend that could stretch into 2024.
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
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 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