FTR Transportation IntelligenceCompany DetailsContacthttps://www.ftrintel.com/Articles & NewsFleet ManagementTrucking Conditions in June Weakened Amid Higher Financing CostsFTR expects general improvement in market conditions for carriers, but the TCI could see both positive and negative readings in the coming months.Fleet ManagementFalling Diesel Prices Improve Trucking Conditions Index: StudyFTR’s Trucking Conditions Index rose in May to 2.24 from the -1.95 reading from April due to falling diesel prices and a freight rate environment that was less negative for carriers.Fleet ManagementPreliminary North American Class 8 Net Orders Up Month-Over-Month, Year-Over-YearClass 8 preliminary net orders for May totaled 18,900 units, which is up 25% month-over-month and 37% year-over-year, according to stats released by FTR Transportation Intelligence.Fleet ManagementUnfavorable Freight Rates, Financing Costs to Negatively Impact Trucking ConditionsHighly unfavorable freight rates were the principal headwind for the trucking industry in March as the market remains soft for trucking companies.Fleet ManagementDiesel Prices Put Shippers Conditions in Negative TerritoryFTR’s January Shippers Conditions Index (SCI) fell into negative territory in February for the first time since September 2023.Fleet ManagementFuel Costs Could Remain Drag on Trucking ConditionsFTR’s Trucking Conditions Index (TCI) for February fell to -5.31 from January’s reading of -1.41. A sharp increase in diesel prices was the principal factor in the deterioration in market conditions for carriers.Multimedia & LearningWebinarsSCN Summit: State of the Supply ChainJune 4, 2024ViewRegister now to hear from experts from McKinsey Co., FTR Transportation Intelligence, NetStock and Trailer Bridge talk all things transportation, company culture, Generative AI and more.Products & Press ReleasesHomeFebruary Likely The Last Positive Month For FTR’s Trucking Conditions Index Until 2021Sharp declines in freight volumes, utilization, and rates due to the COVID-19 pandemic could lead to the worst overall trucking conditions on record during the second quarter of this year.Request More InformationFill out the form below to request more information about FTR Transportation Intelligence
