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FTR’s Trucking Conditions Index for March Falls in Spite of Positive Economic Environment

FTR’s Trucking Conditions Index (TCI) for March fell back to a reading of 2.97 after an upturn in February. However, as detailed in the May issue of the Trucking Update, FTR sees the recent steady improvement in spot rates as an indication that a market-wide move to capacity tightness is on the way with a correlating upswing in the index throughout 2017 and into 2018. FTR remains confident in the freight market for 2017, as we started the year off with strong growth in Q1. Their forecast has moderated somewhat for the regulatory headwinds affecting trucking, but still expect them to have significant effect toward the end of 2017 and for most of 2018.

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