FTR’s Shippers Conditions Index rose in August to 2.9 from the 0.5 reading in July due to falling fuel costs and weaker freight rates. Factors that tend to have a more indirect impact on shippers – freight volume and capacity utilization – were nearly neutral contributors during the month.
Avery Vise, FTR’s vice president of trucking, commented, “A shipper-friendly market is hanging on, and we see few clear signs that the situation will change much soon. Our outlook is for a more neutral environment in 2025, but we do not see much on the horizon that will make for more than just a marginally unfavorable market for shippers overall.”
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