FTR's Trucking Conditions Index Continues Positive Trend

FTR's Trucking Conditions Index, as reported in the February 2012 Trucking Update, increased in December to a reading of 7.0.


This is the third consecutive month the reading has increased, reflecting an improving climate for truckers as the U.S. economy strengthened during 2011's fourth quarter.

Capacity pressures from forecasted 4% growth in truck loadings alongside driver recruitment challenges should keep TCI in good territory during 2012, says FTR.

"Demand for truck transport continues to grow at rates outstripping the growth in GDP," says Larry Gross, senior consultant for FTR. "We believe this growth trend will continue, barring an exterior shock to the economy such as an uncontained European default situation or a disruption emanating from the Mideast. Growth should be sufficient to keep the balance firmly in favor of trucking carriers throughout the year."

The Trucking Conditions Index is a compilation of factors affecting trucking companies. Any reading above zero indicates an adequate trucking environment with readings above 10 a sign that volumes, prices and margin are in a good range for trucking companies.