* Indiana - December’s TCI shows stability for truck fleets through 2016
-- FTR, trucking industry analysis firm, said its Trucking Conditions Index (TCI) measure for December rose more than two points to a reading of 10.88... As a result, FTR predicts 2016 will be a year of placid conditions for trucking companies, with little or no change in the current trend of tight, but adequate, capacity... Two events could impact capacity utilization and may — temporarily — raise rates. Those would include the FMCSA reinstating the Hours of Service changes, and if weather shocks to truck productivity were to turn out to be greater than currently anticipated... FTR’s forecast for truck loadings growth stands at 3 percent for the full year, reflecting strong freight multipliers unusual this late in a recovery. The recent GDP data highlights the potential that they won’t continue. Any fall in these multipliers remains the major downside exposure...
Bloomington, IND, USA - Trucking News (CAN) - February 18, 2016Labels: trucking markets prognosis
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