FTR’s Shippers Conditions Index hits likely peak in April

By
LM Personnel ·

July 2, 2020

For April, the most current month for which data is available, the SCI came in at 41.3, well ahead of Marchs 19.7 reading, which more than doubled Februarys 7.93 reading and was ahead of Januarys 3.73, which is the most affordable SCI reading returning to October 2018.

” While Aprils SCI rating is strong, April was not always as great a time to be a shipper as the result would suggest since of the results of the COVID-19 shutdowns all across the country,” stated FTR vice president of rail and intermodal Todd Tranausky in a statement. “While the result will come down in May as capability gets absorbed by the reboot of producing centers, it will stay a great time to be a carrier through this year and into 2021.”.

FTR describes the SCI as an indicator that summarizes all market influences that impact the transport environment for shippers, with a reading above no agreeing with and a reading below being undesirable and a “less-than-ideal environment for shippers.”

The most recent edition of the Shippers Conditions Index (SCI), which was launched today by freight transportation consultancy FTR, more than doubled the output of its previous edition.

July 1, 2020.

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Short article Topics.

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FTR && middot.

SCI & middot. Shippers Conditions Index && middot.