The February SCI came in at -17.9, down from January’s -10.1, topping March 2021 as the “toughest month to date for shippers,” noted FTR. But that comes with the caveat that February’s record is not likely to be lasting, with March expected to record an even lower reading, it said, stating that some rate relief will not nearly offset a surge in diesel prices.
Source: logistics Mgmt
FTR’s Shippers Conditions Index falls to a new record low reading
More from News, Logistics, 3PL, Transportation, Motor Freight,More posts in News, Logistics, 3PL, Transportation, Motor Freight, »
- Q4 U.S. Freight Index shows shipment declines, due to services resurgence
- PITT OHIO announces addition of 32 next-day lanes in and out of New York State
- FTR Shippers Conditions Index increases after two months of declines
- Truck tonnage ekes out small gain to finish 2022, reports ATA
- DAT Truckload Volume Index highlights a strong end to 2022 spot market rates
Be First to Comment