FTR Trucking Conditions Index strong in April

June 14, 2013


Warning: Missing argument 2 for wpdb::prepare(), called in /home/cms/public_html/wp-content/themes/truck-gauge/img-checkout/core/functions.php on line 2351 and defined in /home/cms/public_html/wp-includes/wp-db.php on line 992

Warning: Missing argument 2 for wpdb::prepare(), called in /home/cms/public_html/wp-content/themes/truck-gauge/img-checkout/core/functions.php on line 2325 and defined in /home/cms/public_html/wp-includes/wp-db.php on line 992

Warning: Missing argument 2 for wpdb::prepare(), called in /home/cms/public_html/wp-content/themes/truck-gauge/img-checkout/core/functions.php on line 2326 and defined in /home/cms/public_html/wp-includes/wp-db.php on line 992

Business conditions in trucking were strong in April, according to FTR Associates’ Trucking Conditions Index. The TCI rose 0.7 points to a reading of 13.8. FTR expects modest rate increases as freight enjoys reasonable volume growth along with reduced productivity due to the upcoming change in hours-of-service regulations, which FTR says likely will reduce trucking capacity by at least 3%

The TCI reflects a range of industry metrics. A reading above zero suggests a generally positive trucking environment, and readings above 10 signal that volumes, prices, and margins are likely to be in a solidly favorable range for trucking companies.

It’s not all good news, however. “Recent data point to a fragile manufacturing sector,” says Jonathan Starks, FTR’s director of transportation analysis. “This is a concern as industrial movements account for a significant portion of truck freight.” Starks, however, believes that we are seeing just a pause in manufacturing activity, not a downturn. “As long as the modest economic growth continues, trucking should be able to show further growth in 2013.”

Print Page

Click the link below to print a print-friendly page of the this analysis.

Print Page
Create Your Own Chart

Use our chart creator to generate charts using the data that was used in this analysis.

TruckGauge Chart Creator
Download TruckGauge Data

Warning: Missing argument 2 for wpdb::prepare(), called in /home/cms/public_html/wp-content/themes/truck-gauge/img-checkout/core/functions.php on line 2351 and defined in /home/cms/public_html/wp-includes/wp-db.php on line 992

Warning: Missing argument 2 for wpdb::prepare(), called in /home/cms/public_html/wp-content/themes/truck-gauge/img-checkout/core/functions.php on line 2325 and defined in /home/cms/public_html/wp-includes/wp-db.php on line 992

Warning: Missing argument 2 for wpdb::prepare(), called in /home/cms/public_html/wp-content/themes/truck-gauge/img-checkout/core/functions.php on line 2326 and defined in /home/cms/public_html/wp-includes/wp-db.php on line 992

This functionality is only available to Premium Members. Please upgrade your account to gain access to the data used in this analysis.

Upgrade to a Premium Member
Thank you for choosing TruckGauge as your source for trucking intelligence and forecasting. Please visit www.truckgauge.com for new and updated information on trucking and business information.
  • Not A Member Yet? Click Here to Subscribe Today!
  • © 2011 TruckGauge

    |

    Privacy Policy

    |

    Terms and Conditions

    |

    Webmaster

    |

    Contact Us