Transportation ‘Red tag’ inventories grow as truck and trailer makers struggle to meet demand September 10, 2021 “We’re in catch-up mode and we’re going to be in catch-up mode for a while.” That’s how Don Ake, vice-president – commercial vehicles for industry forecaster FTR characterizes the current…
Business Management No end in sight to strong trucking environment: FTR September 2, 2021 The good times for truckers are expected to keep rolling well into next year. “From the perspective of carriers, things are quite good,” Avery Vise, vice-president – trucking for industry…
Business Management Trucking conditions softened in June, but remain strong: FTR August 18, 2021 Trucking conditions softened slightly in June, according to the FTR Trucking Conditions Index, but still remained “strong” with a reading of 12.61. The index pulls together five metrics affecting the…
Business Management Truckers, OEMs struggling to keep pace with demand: FTR July 8, 2021 Freight demand is outpacing the trucking industry’s ability to attract drivers and acquire new equipment, which bodes well for rates going forward. Industry forecaster FTR gave a market update July…
Business Management Shippers’ conditions bounced in April from record lows June 23, 2021 U.S. shippers saw conditions improve in April from the worst conditions on record, according to FTR’s Shippers Conditions Index (SCI). The April reading of -11.9 was still heavily into negative…
Business Management Another month, another record for trucking conditions: FTR June 9, 2021 FTR’s Trucking Conditions Index (TCI) reached a record high of 16.82 in April, surpassing the previous high in March. The index got a boost from lower diesel prices in April.
Business Management Truck, trailer and freight demand all to remain strong: FTR June 3, 2021 “We need trucks on the road, the market is desperate for trucks, and we can’t get them.” That was how Don Ake, vice-president – commercial vehicles with industry forecaster FTR…
Business Management U.S. economy back on track, but labor market, inflation are concerns May 13, 2021 The U.S. economy will grow at about 9.3% this quarter, then growth will decelerate but still post a strong 6.3% GDP gain on the full year. That’s the most recent…
Equipment New truck orders remain ‘above normal’ as fleets jockey for build slots May 5, 2021 Class 8 truck orders totaled 34,600 units in April, reflecting continuing strong demand and putting more pressure on OEMs to keep pace in the face of supply chain challenges. FTR…
Business Management Shippers facing toughest conditions of pandemic April 20, 2021 Shippers in the U.S. faced their toughest conditions of the pandemic in February, according to FTR’s Shippers Conditions Index (SCI). The index dropped two points from January to -11.8, due…
Business Management Trucking conditions near all-time high: FTR April 13, 2021 Trucking conditions in the U.S. improved further in February, with FTR’s Trucking Conditions Index ticking up from 10.37 in January to 11.23. That made February the best month for truckers…
Equipment Component shortages have truck and trailer builders stuck in ‘traffic jam’ April 1, 2021 A global microchip shortage has truck manufacturers unable to keep pace with demand for new trucks. Some have announced down days on assembly lines, while others are doing partial builds…
Business Management Trucking conditions close to the ‘best ever’: FTR March 8, 2021 FTR’s Trucking Conditions Index (TCI) surged to a 10.37 reading in January, reflecting stronger freight rates and volumes that more than offset higher fuel costs. The index was up from…
Business Management Trucking conditions pull back from record high January 15, 2021 Trucking conditions deteriorated in November from a record high, according to the latest FTR Trucking Conditions Index (TCI). The November reading of 10.26 remains strong, as rising freight rates feed…
Business Management Increased freight, tight capacity to provide trucking tailwinds in 2021 December 14, 2020 BLOOMINGTON, Ind. – Freight growth exceeded expectations in the third quarter, and the picture for 2021 is improving, according to industry forecasters from FTR. Providing a 2021 market outlook last…
