Nashville, IN (February 14, 2012) FTR Associates’ Shippers Conditions Index (SCI) for December edged up roughly 1-1/2 points from the previous month to a reading of -4.6, which still reflects a somewhat adverse environment for shippers. The small improvement reflected a slight easing in demand for transport capacity.
FOR IMMEDIATE RELEASE
Nashville, IN (February 14, 2012) FTR Associates’ Shippers Conditions Index (SCI) for December edged up roughly 1-1/2 points from the previous month to a reading of -4.6, which still reflects a somewhat adverse environment for shippers. The small improvement reflected a slight easing in demand for transport capacity. The SCI sums up all market influences that affect shippers; a reading above zero suggests a favorable shipping environment, while a reading below zero is unfavorable. FTR’s February Shippers Update, published February 10, reports that the tight equilibrium between demand and transport capacity will keep the Shippers Conditions Index stable in modestly negative territory until 2013, when it will slip further due to regulatory drag on capacity from the Hours-of-Service rule implementation.
Larry Gross, Senior Consultant for FTR, commented, “FTR’s base case anticipates that conditions will continue to be difficult for the nation’s shippers, even though economic growth is still anticipated to be lackluster. If the recent spate of good economic news translates into more robust economic growth, capacity would tighten significantly and greater upward pressure on freight rates will result.”
The February Shippers Update includes discussion of the impact the European debt crisis is likely to have on the U.S. economy. For more information about how to subscribe to the Shippers Update, send an e-mail to firstname.lastname@example.org or call 888-988-1699 ext. 1.
The Shippers Update, launched by FTR Associates during 2010 as a part of the firm’s Freight Focus Series, looks at conditions that will affect the cost and efficiency of shipping goods via all transportation modes. North American shippers will find in one reference the essential information they need on freight volumes, equipment capacity and transport costs and rates. The Shippers Update has both history and forecasts for four modal options: truckload, less-than-truckload, intermodal and rail carload. The 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 macro-economics and the fuel market.
FTR Associates, located in Nashville, IN, has been a leader in transportation forecasting for over 20 years. The company’s U.S. Freight Model collects and analyzes all data likely to impact freight movement and is based on specific characteristics for over 200 commodity groups. FTR Associates’ forecast reports cover trucking and rail transportation and include demand analysis for commercial vehicle as well as railcar. Specially designed reports are offered to participants in both industries to cover specific needs. For more information about the work of FTR Associates, visit www.ftrassociates.com or call Helen Lile at 888-988-1699 ext. 45.
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Chris Kemmer, Consultant
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888-988-1699 – Ext. 45