‘Trucking Conditions’ skid to a negative reading for the first time in years

For the first time since a rocky 2016 and, before that, the lingering economic effects of the 2008-2009 Great Recession, FTR’s monthly Trucking Conditions Index has fallen into negative territory, signaling a swift softening in the underlying market conditions for carriers since early fall 2018.

FTR points to weaker rates and sluggish freight demand for the retreat in the index, which as recently as December hit double-digit positive territory, reflecting a robust market for carriers. The firm projects trucking conditions to waffle month to month into 2020.

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