Economic indicators linked to freight volume are generally weaker entering the new year and the rate environment in trucking continues to soften. 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. FTR’s Trucking Conditions Index falls to lowest level ever The April TCI (the most recent month for which data is available) came in at -28.66, topping the previous low of -16.08 recorded in September 2008, and far outpacing March’s -8.69. — FTR’s Trucking Conditions Index (TCI) for September, at -2.94 was the lowest reading since May, reflecting a relatively weak environment for carriers. FTR’s Trucking Conditions Index sees significant gain For December, the most recent month for which data is available, the TCI came in at 11.46, a significant increase over November’s 5.84 and October’s 3.17. Connecting the Trailer Industry Throughout North America. 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. This record comes just six months after the lowest TCI reading ever recorded (-28.66 in April) during the initial phases of the pandemic. FTR Intel’s Trucking Conditions Index rose again in September to a positive reading of 10.69, up 2+ points from August. – A Trucking Conditions Index recorded by the industry analysts at FTR has hit record levels just six months after hitting its lowest reading. According to FTR’s Trucking Conditions Index for August, carriers saw a positive rate environment with reading of 8.31. The index reading was 0.96 for February, which was down from January but slightly positive, FTR said. Carriers took advantage of stronger freight rates while the freight demand and capacity utilization that set the stage for those rates settled somewhat during the month. Latest News CABT report cites issues and challenges from bigger trucks but stakeholder opinions differ. The index tells you the industry’s health at a glance. Carriers took advantage of stronger freight rates while the freight demand and capacity utilization that set the stage for those rates settled somewhat during the month. 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. Close. In life, running a fever is an indication of a health problem. Apr 24, 2020. The October reading of 16.17 jumped to the highest level in 30 years, while the April numbers (-28.66) were tracked during the initial days of pandemic-related shutdowns. FTR: COVID-19 pandemic taking toll on Trucking Conditions Index “The trucking industry—like the rest of the economy—has never seen such an abrupt deterioration,” FTR vice president says. FTR’s Trucking Conditions Index for July at 2.84 was down from the previous month’s 11.35 reading, but trucking conditions remain favorable for carriers as the recovery continues. This record comes just six months after the lowest TCI reading ever recorded (-28.66 in April) during the initial phases of the pandemic. The Great Plains states, Texas, Iowa, Indiana and Illinois are seeing at least 30% less reefer volume. FTR Trucking Conditions Index set to be negative through mid-2021 The March TCI (the most recent month for which data is available) came in at -8.69. It may not tell you exactly what’s wrong, but it alerts you to look deeper. April’s TCI reading came in at -28.66, plummeting from its March reading of -8.69. FTR’s Trucking Conditions Index for September was the lowest reading since May, reflecting a relatively weak environment for carriers. The TCI is based on freight volumes, utilization and rates. June 12, 2020 {scmr_abstract} Logistics in the News August U.S. rail carload and intermodal volumes are mixed, reports AAR. FTR’s Trucking Conditions Index for July, at a reading of 14.04, reflects the strongest conditions the industry has seen since early 2004. FTR said that this reading represents the beginning of negative readings, which will likely lead to the worst quarter on record. Commercial Vehicle Staff. 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 […] But Avery Vise, FTR vice president of trucking, said reefer business is uneven for other parts of the nation that produce food. FTR’s Trucking Conditions Index (TCI) for July at 2.84 was down from the previous month’s 11.35 reading, but trucking conditions remain favorable for carriers as the recovery continues. FTR Trucking Conditions Index ... FTR has served the shipping, trucking, rail, intermodal, equipment, and financial communities for more than thirty years. FTR Trucking Conditions Index set to be negative through mid-2021 The March TCI (the most recent month for which data is available) came in at -8.69. FTR’s July Trucking Conditions Index grows at a reduced rate The July TCI, which is the month for which the most recent data is available, came in at 2.84, well below June’s 11.35, which is the highest reading in a decade, according to FTR. — FTR’s Trucking Conditions Index fell in February to a reading of 1.71, the lowest reading for the index since August 2017 and reflective of the easing market conditions for this transportation segment. Similarly, a reading well below zero on the FTR Trucking Conditions Index warns you of a problem, while readings high above zero spell opportunity. BLOOMINGTON, Ind. Source: FTR. Source: FTR BLOMINGTON, Ind. 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. 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. FTR said strong sequential volume gains, as well as a favorable fuel environment paced this growth. 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. However, FTR does not forecast any further eroding of the TCI with an expected near-neutral measure through the first half of 2020. The worst reading prior to … Username The FTR Trucking Conditions Index (TCI) will likely stay negative until 2021, FTR reported Friday. FTR said that this reading represents the beginning of negative readings, which will likely lead to the worst quarter on record. 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. November 19, 2020 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. Readings near zero are consistent with a neutral operating environment, and double-digit readings (both up or down) are warning signs for significant operating changes. 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