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Newsby Deborah LockridgeMay 8, 2020

Trucking Loses 88,000 Jobs in April

More than 88,000 jobs disappeared in the truck transportation sector in April, a 5.8% drop from March, both the steepest drops on record – part of a record-setting 20.5 million job loss across the country, as the nation’s unemployment rate rose to 14.7%.

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Newsby StaffMay 5, 2020

FTR, ACT Research Report on Historic Class 8 Orders Drop

North American Class 8 orders took another plunge in April to an unprecedented level of 4,000 units, according to new reports from FTR and ACT Research.

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Newsby StaffMay 1, 2020

FTR, Truckstop.com Track Recovery From COVID-19 Shutdowns

A new index provides visibility on the state of the trucking market as anticipation of an economic restart grows.

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Newsby StaffApril 17, 2020

FTR: Don't Look for Positive Trucking Conditions Again Until 2021

According to FTR’s projections for its Trucking Conditions Index, a combination of drastic declines in freight volumes, utilization, and rates due to the COVID-19 pandemic could lead to the worst overall trucking conditions on record during the second quarter of this year.

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Newsby StaffApril 16, 2020

FTR Updates Interactive COVID-19 Impact Heatmap

FTR’s COVID-19 Impact Heatmap has been updated to show truck load data in the spot market, providing state-level impacts on truck load volumes for four equipment types: dry van, refrigerated, flatbed, and specialized.

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Newsby StaffApril 16, 2020

FTR: March Trailer Orders Drop to 6,500 Units

According to a recent report from FTR, preliminary trailer orders for March are still being impacted by the COVID-19 pandemic, falling 54% from February to 6,500 units for the month.

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Newsby StaffApril 7, 2020

COVID-19 Economic Conditions Catch up to Spot Market

The pressure to restock grocery stores and distribution centers stripped by COVID-19 buying has quickly given way to a slump for truck freight. As March segued into April, the spot market took a tumble, according to figures from DAT Solutions and Truckstop.com.

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Newsby StaffApril 2, 2020

Interactive FTR Heatmap Shows COVID-19 Impacts on Truck Rates by State

FTR has released the COVID-19 Impact Heatmap, which assesses the state-level rate impacts by four trucking equipment types – dry van, refrigerated, flatbed, and specialized – using Truckstop.com spot market data.

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NewsMarch 27, 2020

FTR: COVID-19 Crisis to Take Toll on Trucking, Economy

The U.S. economy was rocked today by shocking numbers of 3.3 million people filing unemployment claims for the first time, but the worst is still to come for trucking.

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Newsby StaffMarch 4, 2020

ACT, FTR Report Drop in Class 8 Orders

Preliminary reports from both ACT Research and FTR show that North American Class 8 orders for February fell 18-20% from January. Both reported a total drop of 14,100 units.

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