VIEW CART (0 ITEMS)


FTR Shippers Conditions Index for March Falls as Impact of Short Term Positive Adjustments Continues to Diminish

05.28.15


FTR’s Shippers Conditions Index (SCI) for March showed a sharp decline from February to a -4.9 reading.  The SCI will continue to fall further into negative territory now that any bump from soft market conditions created by temporary cessation of regulatory drag and fuel cost reductions are evaporating.  Barring a recession, the SCI will settle into a high single digit negative reading through the balance of the year.

The Shippers Conditions Index is a compilation of factors affecting the 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.


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



Larry Gross, FTR Senior Consultant, commented, “All current indicators point towards the timely implementation of ‘big ticket’ truck regulations in the near future, including Electronic Logging Devices, Speed Limiters for heavy trucks, and the National Drug and Alcohol Database.  These among other regulations will have a profound effect on available truck capacity creating a shortage.  The near-term crisis may be postponed if the economy slows significantly, something we are now watching for very closely given multiple warning signs in the economy.”

Details of the factors affecting the March  Shippers Conditions Index, along with additional commentary discussing the outlook for diesel prices are found in the May issue of FTR’s Shippers Update published May 8, 2015.    

The Shippers Update, launched by FTR during 2010 as a part of the firm’s Freight Focus, 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 [email protected] or call Ryan Beall at (888) 988-1699 ext. 1.
 
Click here to view a sample report >