Business Management Another month, another record for trucking conditions: FTR June 9, 2021 FTR’s Trucking Conditions Index (TCI) reached a record high of 16.82 in April, surpassing the previous high in March. The index got a boost from lower diesel prices in April.
Equipment Class 8 orders slow as 2021 build slots fill June 4, 2021 Class 8 orders cooled in May, reflecting the filling of build slots this year and OEMs’ reticence to begin taking orders for 2022. FTR reports preliminary figures of 23,600 Class…
Business Management Truck, trailer and freight demand all to remain strong: FTR June 3, 2021 “We need trucks on the road, the market is desperate for trucks, and we can’t get them.” That was how Don Ake, vice-president – commercial vehicles with industry forecaster FTR…
Business Management Shippers experiencing toughest conditions on record: FTR May 24, 2021 Conditions for U.S. shippers are the worst they’ve been since FTR began tracking them via its Shippers Conditions Index. A record-low reading of -17.8 reflects deteriorating conditions in all metrics…
Business Management U.S. economy back on track, but labor market, inflation are concerns May 13, 2021 The U.S. economy will grow at about 9.3% this quarter, then growth will decelerate but still post a strong 6.3% GDP gain on the full year. That’s the most recent…
Transportation Trucking conditions hit record levels in U.S. May 12, 2021 These are good days to be trucking in the U.S., according to the analysts at FTR. The organization’s Trucking Condition Index reached a record high of 16.27 in March, up…
Equipment New truck orders remain ‘above normal’ as fleets jockey for build slots May 5, 2021 Class 8 truck orders totaled 34,600 units in April, reflecting continuing strong demand and putting more pressure on OEMs to keep pace in the face of supply chain challenges. FTR…
Business Management Shippers facing toughest conditions of pandemic April 20, 2021 Shippers in the U.S. faced their toughest conditions of the pandemic in February, according to FTR’s Shippers Conditions Index (SCI). The index dropped two points from January to -11.8, due…
Equipment Trailer orders rise in March, 2021 order boards nearly full April 14, 2021 U.S. trailer orders rose 6.4% in March to 27,400 units, according to preliminary data from FTR. The industry analyst says a few large dry van fleets increased 2021 orders, while…
Business Management Trucking conditions near all-time high: FTR April 13, 2021 Trucking conditions in the U.S. improved further in February, with FTR’s Trucking Conditions Index ticking up from 10.37 in January to 11.23. That made February the best month for truckers…
Equipment Record-setting demand for Class 8 trucks over past six months April 5, 2021 Class 8 truck orders continued to be strong in March, setting an unprecedented six-month streak of order levels above 40,000 units. Preliminary figures from FTR show March orders were down…
Equipment Component shortages have truck and trailer builders stuck in ‘traffic jam’ April 1, 2021 A global microchip shortage has truck manufacturers unable to keep pace with demand for new trucks. Some have announced down days on assembly lines, while others are doing partial builds…
Equipment Could there be a silver lining to component shortages? March 16, 2021 Ron Rindt can’t get his truck. The owner of Lavington Turf Farms in Vernon, B.C., ordered a Kenworth T680 with an anticipated delivery of July. But his dealer sales rep…
Business Management Trucking conditions close to the ‘best ever’: FTR March 8, 2021 FTR’s Trucking Conditions Index (TCI) surged to a 10.37 reading in January, reflecting stronger freight rates and volumes that more than offset higher fuel costs. The index was up from…
Business Management Fleets continue ordering trucks at ‘near-record levels’ March 3, 2021 Class 8 truck orders remained strong in February, with an impressive 44,000 units booked according to preliminary data from FTR. That was up 3% from January and 209% year-over-year, and…
