FTR Transportation IntelligenceCompany DetailsContacthttps://www.ftrintel.com/Articles & NewsOcean Ports & CarriersDiesel Prices Put Shippers Conditions in Negative TerritoryFTR’s January Shippers Conditions Index (SCI) fell into negative territory in February for the first time since September 2023.TruckingFuel Costs Could Remain Drag on Trucking ConditionsFTR’s Trucking Conditions Index (TCI) for February fell to -5.31 from January’s reading of -1.41. A sharp increase in diesel prices was the principal factor in the deterioration in market conditions for carriers.TruckingFTR Shippers Conditions Index DeclinesFTR’s January Shippers Conditions Index (SCI) fell 3 points in January to a reading of 3.4. While still positive, the SCI was the weakest it had been since September 2023.TruckingFTR Data Shows Less Challenging Financial Environment for CarriersFTR’s Trucking Conditions Index for January improved to -1.41 from the December reading of -4.3, indicating a less challenging financial environment for carriers.TruckingShippers Conditions Slightly Less Favorable in MarchFor only the third time since May 2020, all four freight factors for the SCI – freight demand, capacity utilization, rates, and fuel costs were positive contributors to the index.TruckingDropping Fuel Prices Make for Stronger Shippers ConditionsEven eliminating the strong impact of dropping fuel prices, the December SCI, with a very favorable environment for shippers in terms of freight rates, capacity utilization and volume, would have been the best since the May 2020 reading.Products & Press ReleasesTransportationFebruary Likely The Last Positive Month For FTR’s Trucking Conditions Index Until 2021Sharp declines in freight volumes, utilization, and rates due to the COVID-19 pandemic could lead to the worst overall trucking conditions on record during the second quarter of this year.Request More InformationFill out the form below to request more information about FTR Transportation Intelligence