We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Cookie Policy.
  • ::COVID-19 COVERAGE::
  • INDUSTRY PRESS ROOM
  • SUBMISSIONS
  • MEDIA FILE
  • Create Account
  • Sign In
  • Sign Out
  • My Account
Free Newsletters
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
  • STRATEGY
  • GLOBAL
  • LOGISTICS
  • MANUFACTURING
  • PROCUREMENT
  • VIDEO
    • News & Exclusives
    • Viewer Contributed
    • Upload your video
  • BLOGS & MORE
    • White Papers
    • Webcasts
    • Events
    • Blogs
      • SCQ Forum
      • Reflections
    • Mobile Apps
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
  • STRATEGY
  • GLOBAL
  • LOGISTICS
  • MANUFACTURING
  • PROCUREMENT
  • VIDEO
    • News & Exclusives
    • Viewer Contributed
    • Upload your video
  • BLOGS & MORE
    • White Papers
    • Webcasts
    • Events
    • Blogs
      • SCQ Forum
      • Reflections
    • Mobile Apps
Home » Trucking business conditions continue to tumble, FTR index shows
Forward Thinking

Trucking business conditions continue to tumble, FTR index shows

April 22, 2019
Supply Chain Quarterly Staff
No Comments

FTR February 2019 Trucking Conditions IndexThe historically high demand for trucking services continues to fall from its record highs of 2018, and is quickly nearing neutral territory where supply and demand will be balanced, freight industry consulting firm FTR said today.

FTR's Trucking Conditions Index fell in February to a reading of 1.71, its lowest reading since August 2017, in a reflection of easing market conditions for the transportation segment, the Bloomington, Ind.-based freight transportation forecasting and consulting firm said.Economic indicators linked to freight volume are generally weaker entering the new year, but the current measure shows that the rate environment in trucking continues to soften. FTR projects the TCI measure to remain close to neutral throughout 2019 and into 2020.

The index's drop toward the neutral range comes exactly 12 months after it hit an all-time high of 15.41 in February 2018. In FTR's index, positive numbers mean strong conditions for carriers—and tough sledding for shippers—while a zero reading indicates that truck supply and demand are roughly in balance.

"We continue to see modest weakening in trucking conditions due to the near-term easing of freight rates and volumes, but we should remain generally above neutral during the coming year. However, we are close enough to neutral that negative TCI readings are now a possibility," Avery Vise, FTR's vice president of trucking, said in a release.

Logistics Strategy
  • Related Articles

    Monthly shippers index shows relief from high freight rates

    Index: rail volumes and trucking spot rates may have “bottomed out” as industry eyes restart

    U.S. Bank Freight Payment Index sees high Q3 shipment and spend levels, shows some deceleration

  • Related Events

    Securing Capacity in Real-Time: Spot Pricing vs Dynamic Pricing

Recent Articles by Supply Chain Quarterly Staff

Policy groups posit plan to support supply chains hit by Covid-19, winter storms

Logistics companies turn to “cognitive technologies,” Deloitte says

How are retailers meeting omnichannel demands in a COVID world?

You must login or register in order to post a comment.

Report Abusive Comment

Most Popular Articles

  • The 3PL industry: time to reset

  • Resiliency starts with supplier mapping

  • Freight market growth expected to slow in 2021

  • Seizing the helm

  • Retailers designing stores to support inventory and logistics work, not just shopping

Featured Video

6cabd6ef 64df 4460 bb11 e90c2bdea0a5

Identifying Intralogistics Solutions to Fit Your Operation: LinkedIn Live Ep. 4

Viewer Contributed
As technology evolves, the advantages of using semi- and fully automated solutions to increase productivity and address labor shortages are clear. However, before an organization jumps fully into automation, optimization is a key step that must happen first. Intralogistics solutions, such as Raymond’s iWAREHOUSE and...

FEATURED WHITE PAPERS

  • Warehouse Management System Project Toolkit

  • Solving Talent Management Challenges Now and In the Future

  • Shaping Up Last Mile Delivery to Surpass Customer Expectations

  • Finding the Right Transportation Management Partner

View More

Subscribe to Supply Chain Quarterly

Get Your Subscription
  • SUBSCRIBE
  • E-NEWSLETTERS
  • ADVERTISING
  • CUSTOMER CARE
  • CONTACT
  • ABOUT
  • STAFF
  • PRIVACY POLICY

Copyright ©2021. All Rights ReservedDesign, CMS, Hosting & Web Development :: ePublishing