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The FTR Trucking Conditions Index fell 9% to a reading of 6.7 in April, weakened by more available capacity and less pressure on rates.
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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.
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The FTR Trucking Conditions Index for February fell slightly in February to a reading of 7.4, reflecting a softening capacity utilization caused by fluctuating diesel prices and the suspension of controversial provisions of the 34-hour restart.
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The FTR Trucking Conditions Index for January dropped 34% month to month to a reading of 7.8. Despite the drop, the index is only slightly below the high average score from 2014.
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Business conditions in the trucking industry improved dramatically the final month of 2014, according to a new report from the transportation forecasting firm FTR.
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FTR’s Trucking Conditions Index for November, at a reading of 8.98, reflects dropping fuel prices, according to the transportation research firm. Strong freight volumes from a good Christmas shopping season also helped.
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FTR’s Trucking Conditions Index for October, at a reading of 8.53, fell only slightly from September’s level, reflecting still strong fundamentals for trucking companies, and the transportation analysis firm expects it to stay strong through next year.
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The Trucking Conditions Index from the freight transportation forecasting firm FTR registered 9.07 for September, according to a just released report.
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FTR’s Trucking Conditions Index increased to 9.10 in August, an upward trend that reflects a tight capacity situation for the freight market.
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FTR’s Trucking Conditions Index increased to a reading of 8.49 for July, one of the highest points this year. The high values reflect rising prices and service lapses caused by the current capacity crisis. FTR says the TCI could go even higher this fall if the economy accelerates as expected.
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