FTR: Tighter Capacity, Rising Truck Rates in 2013

Nashville, Ind.-based transportation forecaster FTR Associates’ Shippers Conditions Index for November fell slightly from October to a reading of -5.3, a sign that 2013 will be challenging for shippers.

FTR projects that the combination of pending government truck safety regulations, continued slow growth in the economy and freight industry and the reluctance of the trucking industry to add capacity will result in tighter conditions and rising truck rates towards the second half of the year.

For in-depth analysis & commentary on this topic, become a JOC member