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Fuel Costs Chipping Away at Favorable Shippers Market Reflected in June Shippers Conditions Index

FTR’s Shippers Conditions Index (SCI) fell in June to a 7.9 reading from May’s 8.6 and was impacted negatively by the recent jump in diesel prices. Overall market conditions for shippers were stable and positive during June. However, the outlook is for progressively weaker readings moving forward due to the projected sharp increase in fuel costs. Less favorable readings of the SCI are on the horizon.

Todd Tranausky outside - Staff

Todd Tranausky

VP of Rail & Intermodal

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Todd Tranausky commented, “Fuel is one of the most volatile components that can impact shipper conditions through its ability to move fuel surcharges and capacity around. It weakened overall shipper conditions in the latest month, but the SCI remained at a fairly positive level overall. If fuel prices continue to increase, it will push less positive readings in the SCI in the months ahead. “  

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