Keyword
freight
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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…
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Canadian spot market remains strong in Q2
TORONTO, Ont. – Canadian spot market load volumes through the first half of 2018 were up 43% over the same six months in 2017, according to TransCore Link Logistics’ Freight Index. They were also 33% stronger than the second half…
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Truck tonnage to remain at “very high levels”: ATA
ARLINGTON, Va. – U.S. for-hire truck tonnage dipped 0.4% in June, but was up 7.8% year-over-year. The American Trucking Associations (ATA) reported the y-o-y gain was higher than the 7.4% rise in May. Year-to-date, tonnage is up 7.9%, far outpacing…
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Shippers dealing with “pro-carrier environment”: FTR
BLOOMINGTON, Ind. – Conditions remained tight for U.S. shippers in February, with the FTR Shippers Conditions Index reflecting an unfavorable environment. Regulatory pressures coupled with slowly increasing capacity in a hot freight market, put upward pressure on rates, FTR reports.…
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Trucking conditions have never been better: FTR
BLOOMINGTON, Ind. – Trucking conditions have never been better, according to the latest FTR Trucking Conditions Index. The February index reached its highest reading since it was developed in 1992. The Truck Loading Index is expected to grow 4-6% year-over-year…
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Canadian Class 8 orders up 259% y-o-y in January
COLUMBUS, Ind. – January Class 8 truck orders were up 121% year-over-year, marking their second-best level in history, according to ACT Research. North American Class 8 orders totaled 49,100-plus units. “The only month in history better than January was a…
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U.S. trucking conditions improving
BLOOMINGTON, Ind. – U.S. trucking conditions remained positive in July as capacity tightened, according to the latest FTR Trucking Conditions Index. Spot rates rose and the impact of an impending electronic logging device (ELD) mandate is beginning to be felt.…
