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Class 8 truck orders soared in January to their highest level since 2006, according to early reports from transportation analysts at ACT Research and FTR.
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Trailer orders in the U.S. are expected to hit an all-time high of 47,000 units for December 2017, pushed by tightening capacity that FTR attributes to the ELD mandate.
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Truckload capacity will remain tight and rates high, but both may moderate somewhat as market forces come into play, according to FTR analysts. The ELD mandate is still a wild card, with the economy and tax reform playing a part as well.
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FTR has named Todd Tranausky Senior Transportation Analyst, responsible for content in FTR’s rail and intermodal services, as well as developing additional analysis and commentary to support those market segments.
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The new four-cylinder Isuzu FTR truck achieved a strong all-around showing in independent testing, according to results announced by Isuzu commercial Truck of America.
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Preliminary reports on trailer orders from November are projecting a fantastic month, hitting 42,600 units, according to FTR.
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Despite current fires in Southern California surpassing the size of October’s Sonoma County blaze, the impact on the freight market has been limited, according to a report by FTR.
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The FTR Trucking Conditions Index for October, jumped to a reading of 9.48, way up from the previous month's level of 3.5.
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FTR has appointed Avery Vise as its vice president, trucking research, responsible for the content of all trucking oriented reports, publications, and analyses.
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FTR Transportation Intelligence has announced the conclusion of its business relationships with Noël Perry, principle of Transportation Economics, and Lawrence Gross, president of Gross Transportation Consulting.
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