Business Management Shipper conditions see best month in nearly three years February 23, 2023 Conditions for U.S. shippers improved in December, with the FTR Shippers Conditions Index jumping to 10.32 from a November reading of 3. Industry analyst FTR says the improvement was largely…
Business Management Cost management key as trucking conditions deteriorate: FTR February 16, 2023 Trucking conditions were “broadly negative” in December, according to FTR’s Trucking Conditions Index (TCI), but were slightly better than the previous month thanks to lower diesel prices. The -6.1 reading…
Business Management Shippers see relief from lower rates, fuel costs January 24, 2023 A more favorable freight environment for shippers and lower fuel costs bumped the FTR Shippers Conditions Index into positive territory in November. The index moved from -0.3 to 3 in…
Business Management Trucking in ‘slow growth’ environment, not recession: FTR January 12, 2023 The U.S. general economy and GDP Goods Transport numbers point to a “weak, status quo environment” that’s not great for truckers. Just don’t call it a recession. FTR held a…
Equipment Class 8 orders plummet, but market remains ‘strong’: FTR December 5, 2022 Class 8 truck orders plummeted to 34,300 units in November, according to preliminary data from industry forecaster FTR, well off the 56,000 ordered in September. However, while orders have slid…
Business Management Trucking conditions in for long period of “moderate weakness”: FTR September 23, 2022 U.S. shipper conditions improved in July, but so too did trucking conditions, with both boosted by sharply falling diesel prices. Industry forecaster FTR’s Trucking Conditions Index…
Business Management Shippers see improving conditions thanks to lower diesel costs September 22, 2022 Shippers felt some relief in July with conditions as measured by the FTR Shippers Conditions Index entering positive territory at 4.5 for the first time since September 2020. In June,…
Business Management Carriers try to make sense of unusual economic conditions September 15, 2022 If you feel the economic ground shifting beneath your feet, you’re not alone. Eric Starks, CEO of industry forecaster FTR, said it’s like looking away from a football game in…
Business Management Shippers’ conditions improve slightly as diesel prices slide August 29, 2022 U.S. shippers saw slightly improved conditions in June, mainly due to a slowing of diesel price gains in the month, according to the Shippers Conditions Index (SCI) from industry forecaster…
Business Management Trucking conditions continue to weaken August 22, 2022 Rising fuel prices, weaker freight rates, and higher financing costs combined to weaken trucking conditions in June, industry analyst FTR reports. Its Trucking Conditions Index (TCI) dropped to -3.36, marking…
Business Management U.S. shippers see worsening conditions July 27, 2022 Industry forecaster FTR says its Shippers Conditions Index (SCI) fell in May to a -6.2 reading, thanks to rising fuel prices in May coupled with tight capacity utilization. Those factors…
Business Management Little risk of freight demand collapse: FTR July 14, 2022 Falling spot market volumes and rates don’t tell the complete story about the current economic scenario, according to industry analysts at FTR. During a State of Freight webinar July 14,…
Equipment Supply chain shortages continue to limit Class 8 truck orders July 7, 2022 North America’s Class 8 truck orders spiked 13% in June, but were down 36% year over year as OEMs continue to carefully manage order intake in light of uncertainty about…
Equipment Trailer orders flat in May: FTR June 14, 2022 The trucking industry booked 18,300 trailer orders in May, essentially on par with April orders, according to preliminary data from FTR. Orders were down 3% from April but up 80%…
Business Management Shipper conditions plunge to record lows: FTR May 24, 2022 Shipper conditions tracked by FTR fell to their weakest point on record in March, with its Shippers Conditions Index plunging to a reading of -23.1. That follows a previous record…
