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trucking conditions index

However, it is unclear how long the positive factors affecting the June reading – a combination of higher utilization and strong growth in freight demand and rates – will remain in place. Market conditions for trucking companies continued to sour in February, according to FTR's monthly Trucking Conditions Index. This record comes just six months after the lowest TCI reading ever recorded (-28.66 in April) during the initial phases of the pandemic. – Trucking conditions in the U.S. are at among their strongest since early 2004, according to the FTR Trucking Conditions Index (TCI). FTR’s Trucking Conditions Index reading of 11.35 for June is the highest in a decade and comes just two months after a record-low April reading of -28.66. BLOOMINGTON, Ind. By Go By Truck News / December 15, 2017 . FTR’s Trucking Conditions Index reading of 11.35 for June is the highest in a decade and comes just two months after a record-low April reading of -28.66.AdvertisementClick Here to Read MoreAdvertisement However, FTR says it is unclear how long the positive factors affecting the June reading—a combination of higher utilization and strong growth in freight […] The July reading of 14.04 reflected… FTR’s Trucking Conditions Index hits third highest reading in more than 10 years The September TCI, which is the month for which the most recent data is available, rose more than 2%, to 10.69, marking the TCI’s third highest reading going back to January 2010. FTR’s Trucking Conditions Index for October, at 9.48, spiked upward from the previous month’s 3.5. The most recent edition of the Trucking Conditions Index (TCI), which was recently issued by freight transportation consultancy FTR, pointed to still-strong market environment for motor carriers. Trucking Conditions Index Begins Upward Trend. FTR’s Trucking Conditions Index turns in strong performance The August TCI, which is the month for which the most recent data is available, came in at 8.31, which is in line with what the firm called a “very favorable rate environment for trucking during the month.” The Market Conditions Index (MCI) is a supply-and-demand metric that provides the clearest view of where the freight markets are and forecasts where they're headed.Unlike the load-to-truck ratio, it considers more than just load and truck postings. FTR’s Trucking Conditions Index for October jumped to the highest level in the nearly 30 years captured in the data to a 16.17 reading. April’s TCI reading came in at -28.66, plummeting from its March reading of -8.69. The worst reading prior to … We’ve factored in historical trends, normalized post and search behavior and accounted for outbound volume. FTR’s Trucking Conditions Index for October jumped to the highest level in the nearly 30 years captured in the data to a 16.17 reading. State of the Industry. Trucking conditions among the best since 2004 September 24, 2018. This week, FTR Transportation Research released its latest Trucking Conditions Index (TCI), and thanks to the coronavirus pandemic, it was the lowest reading on record.

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