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FTR Shippers Conditions Index Improves Marginally

11.19.13



FTR's Shippers Conditions Index (SCI) improved marginally for the second straight month in October edging up 0.4 points from September to a current reading of -7.5. The Shippers Conditions Index should remain close to current levels for the time being. However, continued regulatory pressure and slow growth in demand with no additions to capacity should combine to drive the SCI down, indicating less favorable shipping conditions as we move further into 2014.


Click here to view the latest release and an interactive graph of the SCI>



Larry Gross, Senior Consultant for FTR, commented: "The effects of the continuing rollout of new regulations makes for an unusually challenging forecasting environment, because both the timing and final structure of many proposed regulations are not firmly established. Our forecast, based on the best information we have available at this time, is that regulation will be the principle cause for tighter capacity and higher rates in the coming year."

The Shippers Conditions Index is a compilation of factors affecting shippers transport environment. Any reading below zero indicates a less-than-ideal environment for shippers. Readings below 10 signal that conditions for shippers are approaching critical levels, based on available capacity and expected rates. 

Details of the factors affecting the Shippers Conditions Index along with additional commentary discussing the disappointing economic recovery and why acceleration still remains possible in 2014, are included in the December issue of FTR’s Shippers Update published December 10, 2013.   

The Shippers Update, launched by FTR during 2010 as a part of the firm’s Freight Focus series, looks at conditions that will affect the cost and efficiency of shipping goods via all transportation modes. North American shippers will find in one reference the essential information they need on freight volumes, equipment capacity and transport costs and rates. The Shippers Update has both history and forecasts for four modal options: truckload, less-than-truckload, intermodal and rail carload. The analysis includes the breakdown of total truck and rail volumes into major commodity segments. It also provides historical snapshots of inland water and air freight markets. The freight data is augmented by an abundant collection of supporting data covering macro-economics and the fuel market.

For more information about how to subscribe to the Shippers Update, send an e-mail to sales@ftrintel.com or call (888) 988-1699 ext. 1.