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Barring the unexpected, trucking can generally expect flat to moderate growth in demand and rates in 2020, with most of the growth in the second half of the year.
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North American Class 8 orders for January are down month over month but up year over year, according to both FTR and ACT Research. Following a consistent trend over the last four months of averages of 19,000 trucks, January totals dropped to 17,700 units. ACT reports show a similar drop in medium-duty.
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Weaker spot rates are mainly to blame for a dip in the latest FTR Trucking Conditions Index, which tracks the industry via freight volumes, freight rates, fleet capacity, fuel price, and financing
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Preliminary reports indicate trailer orders for December were down from the previous month and significantly down from the same time last year, according to ACT Research and FTR estimates.
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FTR and ACT Research report that preliminary trailer orders fell significantly in November as fleets become more cautious about freight conditions in 2020.
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While it’s been a challenging year for the trucking industry in some ways, comparisons to the runaway market of 2017-2018 may make it seem worse than it is. In their monthly State of Freight webinar Dec. 12, the transportation intelligence analysts at FTR discussed the top trends affecting freight volumes and rates.
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It's Isuzu's biggest truck in North America. But does that mean it's a departure from the OEM's tried-and-true design philosophy? HDT's Senior Editor, Jack Roberts, climbed behind the wheel to find out.
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FTR’s Trucking Conditions Index slipped into negative territory again for September when it hit its lowest point since May, reflecting a relatively weak environment for carriers.
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Freight transportation analysis firm FTR is reporting that the truck freight environment was mediocre in August and was likely to stay that way through 2020.
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Economic activity drives the freight market, but paying attention only to indicators of the economy’s overall health doesn’t tell the whole story of what may be ahead for trucking.
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