Avery Vise explains the Trucking Conditions Index in this excerpt from October's State of Freight webinar.
This Q&A response from The FTR Experts came from our October State of Freight webinar. View the video and the key takeaways below.
Key Takeaways:
- The Trucking Conditions Index is a gauge of overall conditions from the carrier perspective, taking into account factors such as freight demand and rates, capacity, utilization and fuel costs.
- After an historic plummet in 2020 due to COVID-19 complications, the TCI has returned to levels last seen around 2018.