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US trucking conditions worsen

Jul 14, 2016 at 08:45 AM CST
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BLOOMINGTON, Ind. — Trucking conditions in the US have deteriorated to their worst state since 2011, according to the latest FTR Trucking Conditions Index.

The May reading of 1.69 was down nearly five points from the previous month. FTR says negatively affecting truckers were lower freight rates and capacity utilization that has dropped below 95%.

FTR said if the US reinstates the controversial 34-hour restart conditions which have been under discussion in Congress this summer, capacity could be tightened enough to improve pricing.