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FTR’s Trucking Conditions Index for September Reflects Modest Market Tightening

11.28.16 | FTR


FTR’s Trucking Conditions Index (TCI) for September at a reading of 5.47 retreated somewhat from August.  However, the overall positive trend in the index reflects the modest tightening in capacity as additional regulations take effect in 2017. This expected drag on capacity should improve pricing and margins for carriers through the end of next year.  The Trucking Conditions Index is forecasted to reach its peak in late 2017 or early 2018.

Details of the September TCI are found in the November issue of FTR’s Trucking Update, published October 30. The ‘Notes by the Dashboard Light’ section in the current issue includes guest commentary by Paul Newbourne, chief operating officer of Covenant Transport Solutions, “Collaboration: The new Road to Transportation Efficiency along with FTR’s look at trucking conditions post-election. Along with the TCI and ‘Notes by the Dashboard Light,’ Trucking Update includes data and analysis on load volumes, the capacity environment, rates, costs, and the truck driver situation.


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


Jonathan Starks, chief operating officer at FTR, commented, “The presidential election results have created some uncertainty in the market, mainly due to the lack of political and legislative experience from President-elect Trump. There are certainly several areas where the new administration could make an impact on the marketplace - with regulations being the chief area of presidential power in that regard. We will learn more in the upcoming weeks and months as the administration’s team is finalized and the legislative and regulatory agenda is cemented. I wouldn’t look for any significant impacts to the U.S. economy until relatively late in 2017. The U.S. economy should continue to grow - and trucking will grow slowly with it.”


Trucking Update, published monthly, is part of FTR’s Freight Focus and reports data that directly impacts the activity and profitability of truck fleets. As part of Trucking Update, FTR forecasts expected trends in this data and the probable short and long term consequences. For more information on how to subscribe to Trucking Update, or other publications within FTR's Freight Focus, send an email to [email protected]  or call (888) 988-1699 ext. 1.

For more than two decades, FTR has been the thought leader in freight transportation forecasting in North America. The company’s national award-winning forecasters collect and analyze all data likely to impact freight movement, issuing consistently reliable reports for trucking, rail, and intermodal transportation as well as providing demand analysis for commercial vehicle and railcar. FTR’s forecasting and specially designed reports have resulted in advanced planning and cost-savings for companies throughout the transportation sector.
 
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