Trucking conditions, while improved, remained negative in November

January 19, 2023

FTR’s Trucking Conditions Index improved in November to -7.94 despite a weakened freight rate environment.

October’s -11.16 TCI reading had been the weakest since the April 2020 contraction. The only positive contribution to the November index was freight volume, FTR said, but all other index factors were less negative than in October aside from freight rates, which were the most negative since May 2020.