Archive
Trucking conditions to improve going forward: FTR
BLOOMINGTON, IN - FTR has released its Trucking Conditions Index for January, showing a nearly unchanged reading of 2.7 compared to December's 2.9. FTR expected January to be the low point of the year for trucking conditions as it projects an uptick in 2017 as the year progresses. Productivity and capacity are projected to take a hit as a result of the upcoming ELD mandate but FTR said that early adopters will be ahead of the curve. A big issue for the upcoming year is the longstanding driver shortage, which could cause companies to struggle to meet overall demand for new drivers. If capacity fails to meet demand, truckers would be able to raise prices, but the full impact will likely not be felt until late 2017 or into early next year.
OTA to address Ontario Recovery Group
TORONTO, ON - The Ontario Recovery Group (ORG) has invited the Ontario Trucking Association (OTA) to attend an upcoming meeting of their board to discuss roadside recovery practices and procedures. The OTA's recent campaign to help carrier members in managing heavy-duty recovery rates has resulted in OTA members submitting over 70 invoices, totalling over $700,000 in billing, for the OTA to review. In addition, heavy-duty recovery rates have become of interest to enforcement officials, insurance brokers, and the heavy-duty tow recovery industry.
