Posted on: Nov 08, 2011
Tighter capacity, raised rates, and lowered fuel costs have helped improve profit margins for trucking companies in September. The Trucking Conditions Index (TCI) went up 3.1 points in last month to 9.2, Readings above 10 indicate freight volume, rates and profit margins are in good range for trucking operations.
However, this also signifies more expensive moves for shippers using trucking services. And with the prospect of tighter hours of service looming next year, many analysts predict that the TCI will continue to rise. Tighter hours would raise trucking costs, which in turn would raise shipping rates.