CCJ Indicators rounds up the latest reports on trucking business indicators on rates, freight, equipment, the economy and more.
Trucking conditions see continued strength, outlook positive: FTR’s monthly Trucking Conditions Index in August showed continued positive conditions for trucking companies, FTR reported this week. Its reading of 9.35 reflects “healthy freight growth projections,” FTR said. The index has been climbing for several months and should continue its upward momentum, FTR notes, especially into 2016 as new trucking regulations take effect.
“Even with capacity utilization easing some, truckers are still able to make money,” says FTR President Eric Starks. “This is translating into healthy demand for equipment as orders for trailers have remained strong. The strong TCI is in contrast to some economic indicators that suggest the economy is stagnant. Even with the economy painting a mixed picture, trucking conditions are still expected to remain at levels that are healthy through the end of this year.”
