BLOOMINGTON, Ind. – Trucking conditions in the U.S. were unchanged in May, with a positive reading of 7.01 for truckers, according to the FTR Trucking Conditions Index. The index tracks six major conditions in the U.S. trucking market: freight volumes,…
BLOOMINGTON, Ind. – Trucking conditions in the U.S. improved in April, returning to a mid-positive range, according to the latest Trucking Conditions Index from FTR. The index read 7.03, up more than four points from March. FTR is projecting trucking…
BLOOMINGTON, Ind. – Conditions for shippers were mostly unchanged in February, according to the latest Shippers Conditions Index from FTR. The industry forecaster says the current reading reflects a “somewhat benign environment” ahead of expected capacity tightening. February’s reading of…
BOLTON, Ont. – Overcapacity and pressure on pricing made 2016 a challenging year for Titanium Transportation, but the stage is now set for it to resume its growth. Ted Daniel, CEO of Titanium, addressed analysts last week to discuss 2016…
BLOOMINGTON, Ind. – Shippers in the US should prepare to pay more for trucking services, according to the latest Shippers Conditions Index from FTR. The industry forecaster says capacity is tightening, but adds that regulatory drag could slow under the…
BLOOMINGTON, Ind. – Industry forecaster FTR is warning shippers to develop contingency plans, as trucking capacity is expected to tighten through 2017. Its Shippers Condition Index (SCI) remained in slightly positive territory in November, with a reading of 1.4. But…
TORONTO, Ont. – Canadian capacity tightened dramatically in December, according to spot market data tracked by TransCore Link Logistics. December cross-border load volumes were “exceptional,” TransCore reports, marking the highest year-over-year increase in recorded history for the month of December.…
BLOOMINGTON, Ind. – Trucking rates in the US will increase by about 4% this year, according to a projection from industry forecaster FTR. In its monthly State of Freight webinar, FTR transportation economist Noel Perry, said truckload contract rate increases…
BLOOMINGTON, Ind. – Trucking conditions in the US pulled back slightly in October, ahead of expected market improvements in 2017, according to the latest FTR Trucking Conditions Index. Current readings of the index are in low positive territory, FTR reports.…
BLOOMINGTON, Ind. – Trucking conditions in the US are improving, which should boost pricing and margins for carriers through the end of next year. That’s according to the latest FTR Trucking Conditions Index, which came in at 5.47 in September,…
COLUMBUS, Ind. – For the fourth time in the past five months, the US freight index rose faster than the capacity index, according to the latest ACT For-Hire Trucking Index from ACT Research. The data suggests that excess equipment additions…
TORONTO, Ont. – Economic growth will accelerate and impending regulations should give carriers the ability to increase rates next year, according to speakers at the Surface Transportation Summit here Oct. 13. Carlos Gomes, senior economist with Scotiabank, predicted global economic…
Where Capacity Sits, and Where It’s Going
MISSISSAUGA, Ont. — Representatives of leading shippers and carriers shared a stage at this year’s Surface Transportation Summit, where they discussed key trends affecting their businesses. Doug Munro, president and owner of Maritime-Ontario Freight Lines, said one trend he’s noticed…
BLOOMINGTON, Ind. — Trucking conditions in the US softened in April, reflecting some weakness in the sector, according to FTR’s latest Trucking Conditions Index. The April reading fell 9% from the previous month. FTR says the weakening was primarily due…