FTR’s Trucking Conditions Index (TCI) measure for January begins to reflect slowing growth patterns for trucking transportation.
According to FTR, with a reading of 9.05, the index fell from a recent high of 10.88 in December. FTR said current freight demand can easily be handled by current carrier capacity. However, the market will begin showing a reaction to the possible regulatory crisis coming in 2018, possibly moving the index into a double digit positive range by later this year.
Read the full FTR press release.