BLOOMINGTON, Ind.--FTR’s Shippers' Conditions Index (SCI) for June, at -2.0, reflects soft market conditions which have slowed, for the time being, rate increases that negatively impact shipper costs. Slowing GDP growth and a change in growth towards services has dramatically softened freight markets for both truckload and rail. With freight growth slowing and fuel prices staying soft, it’s possible that the index could move into positive territory later this year, the Index said.
The Shippers' Conditions Index is a compilation of factors affecting shippers' transport environment. Any reading below zero indicates a less-than-ideal environment for shippers. Readings below -10 signal that conditions for shippers are approaching critical levels, based on available capacity and expected rates.
“Line-haul rates are but one aspect of →