In May, trucking conditions showed significant improvement, with FTR’s Trucking Conditions Index (TCI) rising to 2.24 from April’s -1.95. This positive shift was mainly due to lower diesel prices and a less unfavorable freight rate environment. Despite this improvement, FTR’s vice president, Avery Vise, indicated that this positive trend might be short-lived, with expectations for rates to return to negative territory later in the year due to ongoing capacity issues.

Additionally, the Federal Motor Carrier Safety Administration (FMCSA) has denied Reiman Corp.’s request for an hours-of-service regulation exemption. The request aimed to grant the company’s drivers the same flexibility given to those servicing oil wells, but FMCSA did not approve this exception.

CCJ by Fusable addresses these positive conditions stating, “Trucking companies saw a big market improvement in May, according to the latest release of the Trucking Conditions Index (TCI) from FTR.” Read more here.

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Trucking Conditions Turned Positive

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