Index Shows Trucking Capacity Tightened in December

[OntarioVanMan]

JOC Staff | Feb 14, 2013 2:16PM EST


Index Shows Trucking Capacity Tightened in December | JOC

FTR Associates’ Shippers Condition Index recorded a reading of -4.9 in December, reflecting tightening capacity, which is expected to get “significantly worse” by mid-2013.

The SCI reading is expected to be about five points lower than the current reading by mid-summer, as transport costs will continue to rise as freight continues to grow and the new federal regulations reducing trucking capacity kick in.

“Shipping managers will be quickly turning their attention to the looming hours-of-service changes that are scheduled for July 1,” said Jonathan Starks, director of transportation analysis for FTR, in a written statement. “Those rules will have a varied impact on shippers depending on how their operations are currently set up.”

 

[BigBadBill]

We are seeing better rates in several regions for January and so far this month. Considering how strong the spring was last year and how weak January was I am optimistic about rates starting in March.

It is also good when you start seeing different indexes saying the same thing.

 

[OntarioVanMan]

We are seeing better rates in several regions for January and so far this month. Considering how strong the spring was last year and how week January was I am optimistic about rates starting in March.

It is also good when you start seeing different indexes saying the same thing.

But you read that on the Internet...

 

[osumike33]

but you read that on the internet...

bonjour....

 

[Rocketman]

bonjour....

I don't know if I can correct your spelling on that or not. Is it actually a word?

 

[BigBadBill]

But you read that on the Internet...

Yeah, if it is on the internet it has to be true.

But I actually have several sources that are geared more towards the financial markets that never hit the internet unless the author is quoted in a business publication.

Seems this year it is a mixed story. Having talked with people at some of the "prominent" expedite companies it doesn't seem to be that good of a start. Even a little panic from management. But we have seen the opposite. Guess it is just a matter of markets you focus on and the business structure.

And glad you are positing this type of information.

 

[OntarioVanMan]

Yeah, if it is no the internet it has to be true.

But I actually have several sources that are geared more towards the financial markets that never hit the internet unless the author is quoted in a business publication.

Seems this year it is a mixed story. Having talked with people at some of the "prominent" expedite companies it doesn't seem to be that good of a start. Even a little panic from management. But we have seen the opposite. Guess it is just a matter of markets you focus on and the business structure.

And glad you are positing this type of information.

Thing is people , even my boss reads his information off the Internet.... And no one says he is full of it. Amazing

 

[BigBadBill]

Thing is people , even my boss reads his information off the Internet.... And no one says he is full of it. Amazing

It is all about source.

My daughters ex once told me about something he found interesting (not sure what it was because I rarely listened to him) and at the end I learned it was from the Daily Show. That was his news source.

Can still remember the poor kid leaving a tort class in tears when he submitted a brief will Wiki as a bunch of sources. Kid ended up walking out when teacher ended up offering extra credit for those of us who could discredit his sources.

Do you trust the source and is the data behind it valid.

 

[OntarioVanMan]

It is all about source.

My daughters ex once told me about something he found interesting (not sure what it was because I rarely listened to him) and at the end I learned it was from the Daily Show. That was his news source.

Can still remember the poor kid leaving a tort class in tears when he submitted a brief will Wiki as a bunch of sources. Kid ended up walking out when teacher ended up offering extra credit for those of us who could discredit his sources.

Do you trust the source and is the data behind it valid.

JOC and FDR are very reliable sources.....according to one CEO...