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FTR’s Shippers Conditions Index improves slightly in October
Summary by thetrucker.com
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FTR’s Shippers Conditions Index improves slightly in October
BLOOMINGTON, Ind. — FTR’s Shippers Conditions Index for October slightly improved to 0.3 from the September reading of -0.5. “Although we still lack comprehensive insights into the state of the U.S. economy, a recent Federal Reserve revision of industrial production estimates implies that freight demand is even weaker than we thought,” said Avery Vise, FTR’s vice president of trucking. “That’s good news for shippers in the near term as it sugges…
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