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FTR’s August Trucking Conditions Index found that although there was some drop off in activity from the previous month, the business environment for fleets remains generally favorable.
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September trailers orders shattered the previous record, reaching more than 56,000 units, according to preliminary numbers reported by FTR and ACT. That tops the previous high from October 2014 by over 10,000 trailers.
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ACT Research expects Class 8 truck orders to slip to a still robust 42,800 units, and when paired with record order highs in July and August, FTR expects the third quarter of 2018 to set an all-time record.
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FTR has added Intermodal Dash software to its newly released Intel•cast freight-forecasting platform.
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FTR’s Trucking Conditions Index spiked in July reflecting the pro-carrier freight environment that is likely to remain throughout 2018.
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At the FTR Transportation Conference, speaker after speaker attempted to capture just how hard-galloping the economy is and the positive if head-spinning impact that is having on the market for moving freight.
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The FTR Trucking Conditions Index for June came in “basically unchanged” from May-- which the research group said reflects that trucking capacity “remains very tight.”
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June trailer orders are expected to fall for the sixth month in a row as the equipment sector enters the traditionally slow summer months, according to a preliminary report from FTR.
Read More →Early trailer order numbers from FTR Intelligence reflect an impressive showing for the month of May, despite an expected seasonal decline.
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The experts at FTR crunch the spot freight numbers to analyze the effect this year's inspection blitz focusing on hours of service affected trucking capacity.
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