FTR Says Freight Rates Surged in May

FTR’s Trucking Conditions Index rises to a record in May

BLOOMINGTON, Ind. — FTR’s Trucking Conditions Index in May jumped to 20.4 – its strongest level ever due mostly to highly favorable freight rates for carriers. “A record high for the TCI obviously is notable, but it is also a good occasion for us to acknowledge the obvious: Robust market conditions have developed recently and rapidly after several years of tough going for most of the trucking industry,” said Avery Vise, FTR’s vice president of t…

FTR Says Freight Rates Surged in May

FTR's Trucking Conditions Index surged to a record high in May, the analytics firm reports.