ECONOMIC WATCH: Shippers’ conditions deteriorate as rates swing in carriers’ favor

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BLOOMINGTON, Ind. – Shippers’ conditions deteriorated in July, falling into negative territory for the first time since August 2018, FTR reports. The FTR Shippers Conditions Index (SCI) recorded a -0.36 reading, reflecting weak market conditions and a rate environment that swung heavily in carriers’ favor. FTR projects increased capacity to push the index back into […]

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