FTR Shippers Conditions Index holds steady, with potential market shifts coming
February 29, 2024
For December, the most recent month for which data is available, the SCI was essentially flat, coming in at 6.4, edging out November’s 6.3 reading. October had topped October’s 4.3 by 2%, with FTR saying at the time reflected the most favorable market conditions for shippers since June 2023.
Q4 U.S. Bank Freight Payment Index shows annual freight shipment and spending declines
February 2, 2024
The report’s fourth quarter shipment index value, at 95.0, was down 10.9% compared to the third quarter and down 15.7% annually. On the spend side, the report observed that the fourth quarter reading, at 233.9, fell 13.5% annually and was down 1.4%, from the third quarter to the fourth quarter.
FTR’s Shippers Conditions Index turns negative for the first time since October 2022
November 3, 2023
For August, the most recent month for which data is available, the SCI reading, at -2.7, registered a negative reading for the first time since October 2022. This came on the heels of a 1.6 July reading, which was well below June’s 7.9.
FTR Shipper Conditions Index takes a step back, from June to July
September 29, 2023
For July, the most recent month for which data is available, the SCI reading came in at 1.6, well below June’s 7.9.
FTR Trucking Conditions Index sees sequential improvements
September 26, 2023
For July, the most recent month for which data is available, the TCI reading was -5.34, faring better than June’s -6.29, the lowest TCI reading going back to November 2022.
FTR’s Trucking Conditions Index shows modest improvement while long-term issues remain intact
June 23, 2023
For April, the most recent month for which data is available, the TCI eked out a two-point increase, to -3.88, faring better than March’s -5.83.