The August SCI, which is the most recent month for which data is available, came in at -1.79, which continued a recent stretch of declines, down compared to July’s -0.36, June’s 1.03, and May’s 24.8, which marks the second highest reading on record, with April’s 41.3 being the highest. The strong April and May readings reflected what the firm called a “huge positive spike as COVID-19 impacted freight movement.”
Source: logistics Mgmt
FTR Shippers Conditions Index at lowest level in two years
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