Fuel prices put pressure on trucking conditions

Industry forecaster FTR’s Trucking Condition Index (TCI) fell into negative territory in May, as rising fuel prices put cost pressures on carriers. The -0.3 reading was down from a positive 3.21 score in April. The spike in diesel costs offset slightly improved freight market conditions for carriers, FTR reported. Freight demand, capacity utilization, and freight […]

Source: Truck News

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