Shippers Conditions Index

Shippers Conditions Index for August Shows Gradual Improvement

Shippers Conditions Index (SCI) for August, as reported in the October Shippers Update, continued to gradually improve to the best reading since September 2020 at -6.8, slightly better than the -8.1 July index.

A minor loosening of capacity utilization and marginally lower fuel costs contributed to the improvement in the August SCI measure. Market conditions for shippers are technically getting better, but the relief is so incremental as to be of little value. 

Todd Tranausky commented, “Conditions in August continued to head in the right direction, though not enough to provide relief for shippers. This is, however, as good as it will get for 2021. Shippers conditions are likely to degrade as the year wears on and demands for holiday shipping ramp up. Fuel, in particular, is expected to be a significant headwind as prices have increased dramatically heading into the winter season.”

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Our Shippers Update service is the trusted guide of North America's major shippers to defend their stance and manage transportation spend year after year.

Now, with an expanded view of each mode of ground transportation, a full-page devoted to the freight and rate forecasts for trucking, rail, and intermodal, clearer and more concise economic coverage, and so much more to level the playing field in your conversations with your brokers and carriers.

Derek is the Business Development Manager at FTR and is a great resource for anyone interested in learning about FTR products and service. Contact Derek to learn more about how FTR can support your business needs. 

Email: dyoung@ftrintel.com
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