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FTR’s Shippers Conditions Index could fall to a record low
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FTR’s Shippers Conditions Index could fall to a record low
BLOOMINGTON, Ind. — FTR’s Shippers Conditions Index (SCI) was already forecast in the near-term to fall to its lowest level in four years, but surging fuel costs on top of the tightening freight environment potentially sets the stage for the most unfavorable market conditions ever for shippers. “However, to achieve that milestone, sharply higher fuel costs also would have to reduce capacity and raise freight rates in the near term – not just spi…
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