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Toughest US trucking conditions since pandemic on high diesel and financing costs

There has been a “major deterioration” in trucking conditions in October, according to FTR Transportation Intelligence. The FTR’s Trucking Conditions Index (TCI) fell to a -11.16 reading from the -2.35 reported in September — the weakest since it’s record low reading of -28.66 in April 2020. 

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“We do not see a month on the horizon as difficult as October was for trucking companies, but nor do we expect much for carriers to get excited about.”

— Avery Vise, VP of Trucking at FTR

Read our analysis on the global diesel crisis.

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The Oregon Group

The Oregon Group

The Oregon Group is an investment research team founded by independent capital markets experts, Anthony Milewski and Justin Cochrane.

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