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…
Business Management Hot spot freight market shifting capacity from big fleets to independents January 13, 2022 A hot spot freight market in 2021 resulted in record trucking start-ups in the U.S., shifting capacity from large truckload carriers and making it more difficult for shippers to lock…
Business Management Continued capacity tightness, higher rates expected in ’21 January 14, 2021 It’s a tale of two economies in 2021. The good news for trucking is that the goods economy will outpace the overall economy, and with no quick end to capacity…
Business Management Trucking industry making the slow climb back July 9, 2020 BLOOMINGTON, Ind. – While trucking conditions are improving, it will be some time before they get back to pre-Covid levels. FTR expects U.S. truck loadings to decline 5.7% this year.
Business Management FTR takes look back at ‘steady’ 2019 December 12, 2019 BLOOMINGTON, Ind. – “Steady as she goes” was how Avery Vise, FTR’s vice-president of trucking characterized 2019 in a Year in Review State of Freight webinar Dec. 12. A rise…
Business Management Loadings growth slowing, rates on the decline: FTR June 13, 2019 BLOOMINGTON, Ind. – Trucking rates are expected to decrease about 7% this year, primarily driven by the spot market, with contract rates flat to down 1%. That’s the projection from…
Business Management Trucking to grow at slower pace: FTR December 13, 2018 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…
Business Management U.S. economy should remain strong: FTR October 11, 2018 COLUMBUS, Ind. – The U.S. economy is “in a good place” and expected to stay there through 2019. That was the assessment of Bill Witte, senior economist with FTR, who…
Business Management Hot flatbed segment leading the market May 10, 2018 The flatbed sector is leading the way for a surging U.S. trucking industry. That was the assessment of FTR, which addressed the implications of a tight trucking market in its…
Business Management Impact of ELD mandate yet to be determined: FTR February 8, 2018 BLOOMINGTON, Ind. — The full effect of the U.S. electronic logging device (ELD) mandate on trucking capacity remains to be felt, according to an analysis by industry forecaster FTR. Enforcement…
Business Management Examining the Trump effect on trucking May 11, 2017 One potential impact: Higher costs for truckers
Business Management Rate increases next year could exceed expectations: FTR November 10, 2016 BLOOMINGTON, Ind. – The latest forecast from FTR suggests it’ll be more of the same next year for the US economy, growth at a rate of about 2%. However, Bill…
Business Management Trucking stuck in neutral as inventory-to-sales ratios remain high: FTR July 14, 2016 BLOOMINGTON, Ind. — High inventories and loosening capacity are making it difficult for transportation companies to raise rates. Jonathan Starks, chief operating officer of FTR, explained during a State of…
Business Management What does 2016 have in store for trucking? Growth, but also risk. January 15, 2016 BLOOMINGTON, Ind. — If you’re having trouble figuring out how to interpret the inconsistent and unusual economic indicators you’re seeing, take heart, even economists are struggling with it. Noel Perry,…
Business Management Downside risks, but little upside seen in US economy: FTR October 8, 2015 BLOOMINGTON, Ind. — A blank slide was all FTR’s economic expert Bill Witte could offer up to show potential upside factors to the US economy, when presenting during a State…
