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FTR’s Shippers Conditions Index for March plunges
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FTR’s Shippers Conditions Index for March plunges
BLOOMINGTON, Ind. — FTR’s Shippers Conditions Index for March plummeted to -18.9, reflecting, as expected, exceptionally harsh market conditions driven primarily by the sharp rise in fuel costs. “Only once in the SCI data, which dates to 2000, did the index suggest more unfavorable overall conditions for shippers than in March,” said Avery Vise, FTR’s vice president of trucking. “Exactly four years earlier, the fuel component was not quite as n…
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