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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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Despite several wildfires breaking out across Southern California in recent days, the impact on trucking spot rates is not expected to exceed levels seen during the October wildfires in Northern California.
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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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