Per FTR headwinds affecting trucking that included modest recovery growth along with the lack of acceleration in contractrate increases are accompanied now by increased labor and recruiting overhead costs Source: FTR

Per FTR, headwinds affecting trucking that included modest recovery growth along with the lack of acceleration in contract-rate increases are accompanied now by increased labor and recruiting overhead costs

FTR: Trucking’s headwinds now include higher labor, recruiting costs

Transportation-forecasting firm FTR has advised that the industry outlook derived from its latest Trucking Conditions Index (TCI) data has “moderated,” yet remains “still in solidly positive territory” with a May reading of 5.74.

The TCI “reflects some headwinds” that are affecting truck-fleet results, the firm pointed out.

According to FTR, “modest recovery growth along with the lack of accelerat

Register to view the full article

Register on Fleet Owner and gain access to premium content including article commenting, emailing and printing.

TAGS: News
Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish