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FTR’s Trucking Conditions Index for December Shows Decline Ahead of Bounce Expected in 2017

FTR’s Trucking Conditions Index (TCI) for December declined from November to a reading of 2.9 reflecting soft conditions that have plagued the industry, especially in the second half of 2016.  The January index will likely hit a nadir ahead of a hoped-for bounce in 2017.  As detailed in the February issue of the Truckers Update, FTR is confident that trucking conditions are nearing an inflection point toward the positive, with a steady increase in capacity utilization that will tighten prices as we move further into the new year.

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