Company
FTR
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Trucking conditions moved positive in July
BLOOMINGTON, Ind. – Trucking conditions in the U.S. improved slightly in July, with a reading just above neutral at 0.28. Lower diesel prices offset the effects of lower capacity utilization, pushing the index into positive territory for the first time…
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Truck and trailer dealer welcomes return to normal
INDIANAPOLIS, Ind. – Stoops Freightliner and its network of truck and trailer dealers isn’t sensing that the drop in new equipment orders is anything to lose sleep over. Instead, Brian McCoy, president of Stoops, said the current environment marks a…
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Fleets say reliability, safety top priorities when spec’ing equipment
INDIANAPOLIS, Ind. – Reliability and safety systems are two priorities for fleets when spec’ing new trucks, according to a panel of fleet executives speaking at the FTR Transportation Conference here Sept. 11. Robert Haag, vice-president of operations for Perfect Transportation,…
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Truck and trailer orders normalizing, not crashing: FTR
INDIANAPOLIS, Ind. – Class 8 truck orders have fallen sharply in recent months, but FTR forecasters aren’t sounding any alarms, and say the drop marks a return to more normal levels. Eric Starks, CEO of FTR, also chalked the decline…
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The new normal: Slow, steady growth
INDIANAPOLIS, Ind. – There’s little sign a recession is imminent, but economic growth will continue to be slow and steady. That was the projection from Jack Kleinhenz, chief economist with Kleinhenz & Associates, who gave an economic update at the…
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Connectivity revolutionizing cargo tracking, trucking
INDIANAPOLIS, Ind. – There are more than 10 billion devices connected throughout the world, and this rapidly growing Internet-of-Things will change how product is tracked through the supply chain. Bill Green, senior technical staff member, packaging technology with IBM Systems…
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8 technologies that transformed trucking
INDIANAPOLIS, Ind. – FTR’s annual transportation conference is a forward-looking event; a chance to explore emerging issues, predict trends, and gain insights into things like artificial intelligence. But Avery Vise, FTR’s vice-president of trucking, set the stage by looking at…
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Class 8 truck market ‘at a turning point’: FTR
Class 8 truck orders in Auust were 80% lower than a year ago, but up 4% from July, according to preliminary data from FTR. Orders totaled 10,400 units, and have been averaging 11,000 per month since May. FTR says OEMs…
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Shipper conditions improved in June
BLOOMINGTON, Ind. – Conditions for U.S. shippers improved in June, with a 8.8 reading on the FTR Shippers Conditions Index, up two points from May. That marked the strongest month for shipper conditions since February 2016, FTR reports. Freight-related indicators…
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Trailer orders remain weak in July: FTR
BLOOMINGTON, Ind. – FTR has reported preliminary trailer orders for July totaled 9,000 units, showing continued weakness but up 61% from a “dismal” June. Orders were down 68% compared to July 2018. FTR reports van fleets have already placed their…
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Trucking conditions improved slightly in June: FTR
BLOOMINGTON, Ind. – Trucking conditions improved slightly in June, but remain in negative territory, according to the latest FTR Trucking Conditions Index (TCI). A reading of -0.82 came from strengthening freight demand and lower diesel prices, but was offset by…
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July Class 8 orders lowest since 2010
BLOOMINGTON, Ind. – Preliminary orders for Class 8 trucks in North America fell below 10,000 units in July, for the first time since 2010. FTR reported orders of 9,800 units, noting carriers appear to be in no rush to grab…
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U.S. freight environment remains weak
BLOOMINGTON, Ind. – U.S. demand for and transportation of goods in the second quarter of 2019 remained weak despite an economic growth of 2.1%, FTR said Tuesday. The freight transportation forecaster estimates that GDP for the Goods Transport Sector rose…
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U.S. trailer orders plunge 42% in June
COLUMBUS, Ind. – Net U.S. trailer orders plunged to 6,047 units in June, down 42% from May, according to market intelligence provider ACT Research. Year-to-date, net orders were 43% below last year, the company said in its monthly report. “This…
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Shippers Conditions Index improves in May
BLOOMINGTON, Ind. – The Shippers Conditions Index for May improved sharply to a reading of 5.6, nearly four points up from April, freight transportation forecaster FTR reported. Market conditions are the most favorable for shippers in years and are expected…
