Trucking Conditions Index higher—but still negative

Published Wednesday, November 18, 2009

The FTR Trucking Conditions Index (TCI) for October 2009 increased for the third consecutive month to –16.4, the highest reading since November 2008. This index, a combination of five truck industry statistics in one metric, remains significantly below a neutral reading of zero. Eric Starks, president of FTR, said, “The continued negative TCI reading is a clear sign that the transportation industry is still struggling from the steep downturn seen late last year and into 2009. Real acceleration in the trucking fundamentals that we track for this index will likely wait for a substantial recovery in volumes and ...

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