Trucking Conditions Index (TCI) for August, as reported in the October 2012 Trucking Update published Oct. 1, rose 1.4 points from July to a reading of 5.8.
The index has been in mildly positive territory, but without clear direction, since the economy weakened in early 2011, the report stated.
Trucking conditionsare expected to improve in 2013 because of modestly better economics and a strong increase in capacity utilization stemming from added constraints on trucking from Federal regulations taking effect in mid-year 2013. The Trucking Conditions Index is a compilation of factors affecting trucking companies. Any reading above zero indicates a positive environment for truckers. Readings above 10 signal that volumes, prices, and margins are in a solidly favorable range for trucking companies.