Keyword
freight
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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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Spot market load volumes increased in May
TORONTO, Ont. – The Canadian spot market heated up in May, with load volumes rising against a lesser increase in truck volumes. TransCore Link Logistics reported daily average load postings surged 9% the week after an announcement to end steel…
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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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Record number of trucks in Canada’s spot market
TORONTO, Ont. – There were more trucks chasing loads in Canada’s spot market in April than an any other month in history, according to TransCore Link Logistics. Meanwhile, load postings took an expected turn down compared to March, but the…
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Likelihood of freight recession increasing: ACT
COLUMBUS, Ind. – The risk of a freight recession is rising, according to the latest ACT Freight Forecast from ACT Research. “Freight remains soft, as expected, and while we see reasons for recovery in the second half of 2019, escalating…
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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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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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Rate recession likely: ACT Research
COLUMBUS, Ind. – A freight recession is likely, and a rate recession even more likely, according to the latest North American Commercial Vehicle Outlook published by ACT Research. The truck supply and freight demand are falling out of balance, according…
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‘Banner year’ for truck tonnage comes to end
ARLINGTON, Va. – U.S. for-hire truck tonnage dipped 4.3% in December, but closed out the full year 2018 up 6.6% compared to 2017. That marked the largest annual gain since 1998 and was much stronger than the 3.8% increase in…
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Canadian spot market flat in November
TORONTO, Ont. – The Canadian spot market was largely flat in November, according to TransCore Link Logistics. Load and truck availability were relatively even. Loads increased prior to Black Friday, but dropped sharply just prior to the start of the…
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Fleet growth to outstrip freight growth in 2019: ACT
COLUMBUS, Ind. – ACT Research says the commercial vehicle industry is maintaining its momentum, but could slow in the second half of 2019. The company produced its Transportation Digest, reporting that the Class 8 truck market continued to extend all-time…
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Trucking to grow at slower pace: FTR
COLUMBUS, Ind. – The surge in truck loadings seen in 2017 and into 2018 has begun to subside, and trucking’s growth is expected to slow in 2019, according to Avery Vise, vice-president of trucking for FTR. Speaking during FTR’s State…
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Truck tonnage softens in Q3
ARLINGTON, Va. – U.S. for-hire truck tonnage slid 0.8% in September, according to the American Trucking Associations (ATA). “Truck freight slowed at the end of the third quarter,” said ATA chief economist Bob Costello. “As anticipated, the year-over-year gains have…
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Trucking conditions among the best since 2004
BLOOMINGTON, Ind. – Trucking conditions in the U.S. are at among their strongest since early 2004, according to the FTR Trucking Conditions Index (TCI). The July reading of 14.04 reflected the second strongest month the industry has seen since early…
