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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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Class 8 truck orders in October surged significantly from the previous month as the Fall ordering push began, according to preliminary numbers from ACT Research and FTR.
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Preliminary net orders of 21,500 units, up 47% over August, bode well for 2018, the research firm says.
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Trying to narrow down the single, biggest point made at the annual FTR Transportation Conference would be a fool’s errand. The event was content rich, covering everything from the economy and freight to equipment and everything in between. Business Contributing Editor Evan Lockridge found three takeaways.
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Truckstop.com, in partnership with FTR, has introduced the Rate Forecasting tool, which is designed to project spot market rates using historical paid rate data.
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Early numbers indicate a positive month for September’s North American Class 8 truck orders as the market continues to gain momentum heading into the fall order season, according to preliminary reports from FTR and ACT Research.
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FTR’s Trucking Conditions Index for July remains in a positive range with a reading of 5.75, reflecting tightening capacity, rising spot rates.
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