Company
FTR
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Shipper conditions deteriorated in April
BLOOMINGTON, Ind. – Conditions for U.S. shippers took a step back in April, due to stronger rail rates and higher fuel prices, according to FTR’s Shippers Conditions Index. However, FTR expects the rate environment through 2019 to become more favorable…
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Trailer orders reach lowest point since 2016: FTR
BLOOMINGTON, Ind. – The red-hot trailer market continues to cool, with May orders of 11,700 units marking the lowest total since July 2016. FTR reports orders for 2019 production have come to a halt, as most build slots are already…
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Loadings growth slowing, rates on the decline: FTR
BLOOMINGTON, Ind. – Trucking rates are expected to decrease about 7% this year, primarily driven by the spot market, with contract rates flat to down 1%. That’s the projection from industry forecaster FTR, which held a State of Freight webinar…
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Trucking conditions remained negative in April: FTR
BLOOMINGTON, Ind. – Trucking conditions in the U.S. improved slightly in April, according to the Trucking Conditions Index by FTR, but remained in negative territory. FTR reports the rate environment continues to soften and economic indicators linked to freight are…
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Class 8 truck orders “chilly” in May
BLOOMINGTON, Ind. – Class 8 truck orders “scraped the bottom of the order cycle” in May, according to FTR, coming in at a “chilly” 10,400 units. That’s 29% off April numbers and down 71% year-over-year. It was the weakest month…
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Conditions for shippers continue to improve
BLOOMINGTON, Ind. – Conditions for U.S. shippers improved in March, reflecting a continued easing of truckload and intermodal rates, according to FTR. The industry forecaster says the outlook is for improved conditions for shippers throughout 2019. “Shippers are benefiting from…
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Trailer demand softening
COLUMBUS, Ind. – April trailer orders totaled 14,500 units, according to preliminary data from ACT Research, which reflected soft demand for the second straight month. “Order volume was soft in April for the second straight month. Several factors appear to…
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Trucking conditions turn negative
BLOOMINGTON, Ind. – Trucking conditions in the U.S. dipped into negative territory in March, for the first time in several years. The -1.18 rating reflected softening rates, and sluggish freight demand, according to FTR. Active truck utilization and the truckload…
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FTR provides mid-year economic review
COLUMBUS, Ind. – Industry forecaster FTR’s senior economist Bill Witte takes a slightly dimmer view of the U.S. economy than he did several months ago, but is still projecting 2.5% GDP growth this year. In a webinar to provide an…
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Class 8 orders continue sluggish start to 2019
Class 8 truck orders hit a 31-month low in April, with preliminary data from ACT Research showing 14,800 orders, a 6.2% decline from March but down 57% year-over-year. “We continue to contend that current order weakness has more to do…
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Trucking conditions continue to weaken
BLOOMINGTON, Ind. – U.S. trucking conditions sled to near neutral territory in February, according to the latest FTR Trucking Conditions Index (TCI). February marked the lowest reading since August 2017. FTR reports the decline is due to weaker freight volumes…
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Class 8 truck orders continue to slide
Preliminary orders for Class 8 trucks came in at 15,200 units in March, according to FTR, marking the lowest March for orders since 2010. Orders were down 8% from February and 67% year-over-year. But FTR says demand is still strong,…
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Shippers Conditions Index reflects balanced freight market
BLOOMINGTON, Ind. – The January Shippers Conditions Index (SCI) reflected a balanced freight market, FTR reported. The 1.4 reading was slightly lower than December’s 1.8, but remained in positive territory for shippers. FTR forecasts the index to remain close to…
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Trucking conditions deteriorated in January: FTR
BLOOMINGTON, Ind. – Trucking conditions in the U.S. slid to a single-digit positive 5.79 reading in January, down from 11.44 in December, according to the FTR Trucking Conditions Index. The decline was attributed to higher costs of capital combined with…
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Class 8 orders remained subdued in February
BLOOMINGTON, Ind. – Preliminary Class 8 truck orders totaled 16,700 units in February, marking the second consecutive month of subdued orders. Orders were up 5% compared to January but down 58% year-over-year, FTR reported. January and February were the lowest…
