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Shippers' conditions flipped positive in September

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Trucking news and briefs for Wednesday, Nov. 29, 2023:

FTR Shippers Conditions Index September 2023Declining diesel prices helped swing FTR's Shippers Conditions Index into positive territory in September.FTRLike conditions for carriers in September, shippers also saw an improvement in the market during the month.

FTR’s Shippers Conditions Index (SCI) moved into positive territory in September to a reading of 0.35 from the previous -2.7 in August. The slowing of the recent surge in diesel prices helped shippers as market conditions otherwise were mostly stable, the firm said.

“The neutral reading just above zero shows a relatively stable result, but it moves the index back into positive territory on an easing of diesel price,” said Todd Tranausky, vice president of rail and intermodal at FTR. “Otherwise, the market is little changed. Moving forward, it is likely that diesel prices will determine what the change in the index will be for the next few months.”

[Related: Trucking conditions remain difficult despite September improvement]

Michigan State Police (MSP) motor carrier enforcement officers will be focusing their enforcement on I-94 in a coordinated enforcement operation this week.

Michigan’s operation, dubbed “Eyes on 94,” seeks to reduce commercial vehicle crashes along the I-94 corridor. The statewide effort is taking place through Friday, Dec. 1.