Related: Trucking Conditions Index Drops As Capacity Utilization Softens
Trucking Conditions Index Subdued by Weak Manufacturing
The FTR Trucking Conditions Index fell slightly in March to a reading of 7.3, reflecting lessened demand for truck services and normalizing fuel costs.

Graph via FTR

The FTR Trucking Conditions Index fell slightly in March to a reading of 7.3, reflecting lessened demand for truck services and normalizing fuel costs.
Despite the subdued reading, FTR expects truck demand to stabilize and companies to experience a rebound in the summer. Still, weak manufacturing numbers threaten the rebound as well as consumer spending.
As FTR see its, the rest of 2015 is expected to experience steady economic growth-- but how much the economy grows will depend on consumer spending.
“If consumers save that cash, it will likely mean another year of slow and steady economic growth,” said Jonathan Starks, FTR’s director of transportation analysis. “If they start spending, it could help fuel another surge in economic growth like we saw last year.”
Falling diesel prices helped fuel a surge at the end of last year, which was reflected in the TCI numbers. But the economy in the first quarter of 2015 has been weaker than expected.
“This recovery has been unusual in that Q1 GDP has generally been much weaker than the growth seen the rest of the year,” said Starks. "This gives us optimism that the truck markets will not be significantly slowed, although it is likely that manufacturing output will be less strong in 2015.”
More Fleet Management

Volvo Trucks Adds Unattended Over-the-Air Software Update Capabilities
The latest evolution of Volvo’s over-the-air update technology allows software updates to run while trucks are parked, helping fleets keep vehicles current without disrupting operations.
Read More →How Waste Connections is Using Data, Telematics, and AI
How do you manage and maintain more than 18,000 connected trucks? Data. Lots of it.
Read More →
Why Fleet Data Matters More Than Ever at Waste Connections [Watch]
Waste Connections' Chuck Palmer explains how telematics, predictive maintenance, safety analytics, and AI help keep vehicles on the road and drivers safe in this episode of HDT Talks Trucking.
Read More →
NMFTA Launches Free, Anonymous Cybersecurity Threat Report Portal
Organizations are encouraged to anonymously report freight fraud, cargo crime, and cyber threats while gaining visibility into incidents reported across the transportation sector.
Read More →
AI Can Optimize a Fleet. Can It Replace Human Judgment?
Fleets fear falling behind if they don’t adopt AI quickly enough. They also fear what happens if the technology makes the wrong decision.
Read More →
Jamie Hagen Gets Real About Running a Small Fleet in an Uncertain Economy
Small fleet owner Jamie Hagen says new legal risks, volatile fuel prices, and a changing freight market are forcing small carriers to rethink how they operate — and what they can afford.
Read More →Jamie Hagen Gets Real About Freight, Fuel Prices, Safety, and Small-Fleet Survival
Running a small trucking fleet right now isn’t easy, especially right now. And Jamie Hagen doesn’t sugarcoat it.
Read More →Jamie Hagen Gets Real About Freight, Fuel Prices, Safety, and Small-Fleet Survival
Running a small trucking fleet right now isn’t easy, especially right now. And Jamie Hagen doesn’t sugarcoat it.
Read More →
Data Lock‑In or Integration Lock‑Out?
Data fragmentation is costing dealerships, OEMs, fleets, and upfitters millions. Here’s why interoperability may be the fix the trucking industry needs.
Read More →What Trucking Fleets and Brokers Need to Know About This Supreme Court Case
In May, the U.S. Supreme Court ruled that freight brokers can be held liable for damages if a truck they have contracted with is involved in an accident. Listen as this transportation attorney breaks down the ruling and its implications for the trucking industry.
Read More →
