FTR: Freight still poised for an upswing

The trucking conditions index (TCI) compiled by research firm FTR Transportation Intelligence witnessed a four point jump in April to a reading of 7.03 compared to March; a sign that trucking industry conditions are expected to improve despite current year-over-year weakness in contract freight pricing.

The firm said freight demand is moving higher as the industrial sector continues to improve with trucking capacity tightening, with the first quarter of this year registering the second strongest freight growth of the current recovery.

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Spot market pricing hints of improving conditions for truckers: FTR