Per FTR, headwinds affecting trucking that included modest recovery growth along with the lack of acceleration in contract-rate increases are accompanied now by increased labor and recruiting overhead costs
Transportation-forecasting firm FTR has advised that the industry outlook derived from its latest Trucking Conditions Index (TCI) data has “moderated,” yet remains “still in solidly positive territory” with a May reading of 5.74. The TCI “reflects some headwinds” that are affecting truck-fleet results, the firm pointed out. According to FTR, “modest recovery growth along with the lack of acceleration in contract-rate increases are accompanied now by ...
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