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Most Recent TCI

FTR’s Trucking Conditions Index for May Unchanged and Remains in a Mid-Positive Range

FTR’s Trucking Conditions Index (TCI) for May basically remained unchanged from April at a positive reading of 7.01. As detailed in the July issue of the Trucking Update, FTR notes that the spot rate market is a strong indicator that conditions for trucking companies are on the upswing with active truck utilization at just below 100%.  Spot market volumes and pricing have been up y/y for several months, although contract market prices are still weak, before fuel adjustments.  The freight environment in 2017 remains strong, although economic conditions are fluctuating enough that freight growth could weaken.  If growth does slow, that may mitigate the potential for critical capacity issues with the onset of ELD implementation at the end of the year.

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