Tighter Utilization Boosts Intermodal Competitive Index

FTR’s Intermodal Competitive Index rebounded in August to a reading of 2.16, easing some of the concerns of the previous month’s weak reading, according to FTR. The updated August reading was not particularly strong, but the rebound from July’s low confirmed FTR’s suspicions that the number of work days in July adversely affected the index. Most of August’s gain can be traced to slightly tighter over-the-road trucking utilization rates.

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