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Jun 8, 2012 11:33 AM

FTR’s Trucking Conditions Index for  April moved significantly higher from the previous month, climbing 2.7 points  to a favorable reading of 9.1, according to the June 2012 Trucking Update.

The Trucking Conditions Index is a  compilation of factors affecting trucking companies. Any reading above zero  indicates a positive environment for truckers with readings above 10 a sign  that volumes, prices and margin are in a solidly favorable range for trucking  companies.

“Volume  growth is modest, but because the industry is not adding capacity, even modest  freight growth is sufficient to support firm rates,” said Larry Gross, Senior  Consultant for FTR. “Although there is a fair amount of volatility in the  TCI from month-to-month, and we would not preclude some near-term decline, we  expect an overall gradual improvement in trucking conditions through the  balance of 2012 and into 2013.  This is based on our expectation for  higher rates, supported by continued modest growth in freight volume and  tightening driver supply due to the implementation of new government  regulations.  Lower prices for diesel are another factor currently working  in the truckers’ favor.”

For more information on how to  subscribe to the Trucking Update or other publications within the Freight Focus Series, send an email to cdavis@ftrassociates.com or call Clay Davis at  1-888-988-1699, Ext. 1.