FTR’s Trucking Conditions Index improved in July reflecting improved market prospects as a result of moderate economic growth and a regulatory environment that is tightening capacity. The July TCI jumped to a reading of 5.99 for the month, a significant gain over June’s 2.92 and May’s abysmal 1.69 reading. TCI readings for the rest of the year and into 2017 should remain near the current level, according to FTR.
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