Shippers Conditions Index

Avery Vise, FTR’s vice president of trucking, commented, “June’s SCI is a great opportunity to acknowledge the limitations inherent in trying to use a numeric index to describe complicated situations. Yes, the index ‘improved’ sharply, but that really means that overall market conditions are deteriorating for shippers at a much slower rate. That’s better than the alternative, of course, but it’s not great news. Prior to February, the index had not been more negative since May 2022. June’s SCI reading and FTR’s outlook suggest that shippers now are in a better position to address their challenges methodically rather than having to ‘drink from a fire hose,’ as the saying goes.”