FTR: SCI for May falls sharply, remains historically high

FTR reports that its Shippers Condition Index should stabilize throughout the year. “However, a tightening of the trucking spot market in June may foreshadow less robust conditions for shippers in the near term,” according to FTR. FTR’s Shippers Conditions Index (SCI) for May fell sharply to 24.8 from the extraordinarily high pandemic-impacted 41.3 April reading. …

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