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FTRs Trucking Conditions Index for April Remains in Very Positive Territory
Bloomington, IN (June 12, 2013) FTR’s Trucking Conditions Index (TCI) for April as reported in the June 2013 Trucking Update reflects a strongly favorable environment for trucking increasing another 0.7 points for the month to a reading of 13.8. Modest rate increases are expected to resume as freight enjoys reasonable volume growth alongside the reduced trucking productivity that is the result of increased regulations. It is forecast that new regulations will take at least 3% out of trucking capacity.
| Freight still OK despite weakening economic growth
“We’re getting much more concerned about the slowing industrial production numbers because that would have a big impact on the freight market,” he said. “But our overall base economic projection for the U.S. remains 2% to 2.5% GDP [gross domestic product] growth and if we can slough off this ‘weak spot’ freight volumes should remain relatively stable. So while the economy is not strong, it’s not expected to drop, either,” Jonathan Starks, transportation analyst for FTR Associates, told Fleet Owner.
| Port Volumes Lead Trucking on Spending Optimism
An increase in goods entering California is signaling optimism about the resilience of U.S. consumer spending and the trucking industry this year.
“Trucking volumes are in a positive, but not extremely strong, stage of growth, and we expect that will continue through 2013,” Starks said. FTR is forecasting that truck loadings will rise by “just under 5 percent” this year, he said, compared with 3.2 percent in 2012.
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Product DescriptionFTR Freight Focus: Shippers Update
Annual Subscription; Monthly Publication
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Helping Shippers Plan for Fluctuating Cycles
There has been a need in the industry to help shippers give upper management a glimpse of the true environment in which they are operating. As rates and capacity cycle rapidly between favorable and very unfavorable levels, successful shippers need to know what to expect and when to adjust their strategies. A subscription to the Shippers Update provides that information with clear and concise analysis.
Shippers Update Report (Part of the Freight Focus Series)
- Contains FTR's exclusive "Shippers Conditions Index" summarizing industry status at a glance.
- Only source of information on truck and rail capacity utilization.
- Forecasts for all the essential data, giving you a clearer picture of the future.
- You can digest all the analysis in fifteen minutes – It’s perfect for busy executives.
North American shippers will find the essential information they need on: Freight Volumes, Capacity Situation, Transport Costs and Shippers Conditions.
The Shippers Update has analysis on four modal options: truckload, less-than-truckload, intermodal and rail carload. This analysis includes the breakdown of total truck and rail volumes into major commodity segments.
It also provides historical snapshots of inland water and air freight markets. The freight data is augmented by an abundant collection of supporting data covering the economy, drivers and the fuel market.
Database
A comprehensive database is available with history and forecast for data presented in the Shippers Update report. >Click Here to order the Report + Database
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Additional Services Included with this Subscrption
- Complimentary access to FTR's "State of Freight" webinars held throughout the year. These webinars feature FTR staff discussing the current economy, trucking, rail, and intermodal situations.
- Product support is provided to help users get the most out of their subscription.
FTR Conference Discounts
- Subscribers to FTR products get attendee discounts to FTR's Transportation Conference.
- This is the premier transportation conference and brings together the leading decision makers in the industry.
- Visit www.FTRConference.com to learn more.
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Additional Information
- Monthly Report
- Electronic Distribution of Report
- Online Access
- Report in Adobe Acrobat (.pdf) format
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