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Michelin Selling More TCi Locations

Three months after selling 27 Tire Centers stores to an independent tire dealer in the southeastern U.S. Michelin North America is planning to sell more of its TCi locations.

July Trucking Conditions Index Makes Significant Jump

FTR's Trucking Conditions Index reading of 8.41 in July reflects a 30% improvement over the previous month’s reading. The jump reflects the indexes forward look at an expected pricing uptick for truckers this fall as capacity tightens with regulatory effects and decent freight demand.

Shippers Index Reflects Minimal Decreases in Truck Freight Capacity

FTR Associates’ Shippers Conditions Index for June fell only marginally from the previous month to a current reading of -8.1. The minimal change reflects a relatively weak freight environment offsetting increased capacity constraints in advance of the hours-of-service rule implementation.