
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.
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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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FTR’s Trucking Conditions Index for March fell more than five points from the previous month’s record high. But it remains indicative of a favorable environment for carriers.
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Mixed economic signs aside, trucking will remain strong for the remainder of the year, FTR economist Eric Starks told attendees at HDT's Heavy Duty Trucking Exchange event in Scottsdale, Arizona.
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April trailer orders are projected to decline as much as 20% compared to the previous month, following seasonal ordering patterns, according to a preliminary report from FTR Intelligence.
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Although the April 1 start to “hard enforcement” of the electronic logging device mandate does not seem to have had a huge effect on trucking capacity (except perhaps in flatbeds), there are a number of other factors that are working to keep capacity tight and rates high, likely at least until late this year, according to FTR.
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