Trucking conditions deteriorated further in June as fuel, financing costs and freight rates were negative factors.
FTR’s Trucking Conditions Index (TCI) fell to -3.36 from -0.3 in May. Before May and June, the TCI had not been negative in consecutive months since April and May 2020.
In addition to negative cost and pricing conditions in June, freight volume and capacity utilization were weaker positive factors than they had been in May.
