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As FTR and Truckstop.com apply "big data" analysis to spot market pricing, Noel Perry, FTR transportation economist, offers some insights into the volatility of spot pricing and how spot prices correlate with contract pricing.
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FTR’s Trucking Conditions Index reveals that trucking conditions in June showed few signs of improvement due to slow freight and a lull in new regulations.
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FTR’s Intermodal Competitive Index dropped in May reflecting a domestic intermodal sector that is still experiencing somewhat difficult competitive conditions.
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The FTR Trucking Conditions Index for April was up over the previous month, but still not significantly better-- reflecting soft market conditions affecting the trucking sector.
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Both heavy- and medium-duty truck orders are projected to have a subdued May, according to preliminary numbers from ACT Research and FTR.
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FTR's Trucking Conditions Index fell by nearly 50% in March as a weak economy during the first quarter of 2016 negatively impacted the freight market.
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FTR has launched the Truck Dealers Market Report, a monthly, 8-page report that includes current information, statistics and analysis on medium- and heavy-duty market trends that directly impact truck dealers.
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FTR's new Intermodal Competitive Index indicated that intermodal conditions were generally positive but not stellar.
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Class 8 truck orders are projected to fall for the fourth month in a row, highlighting a weaker freight environment in the trucking industry, according to preliminary numbers from ACT Research and FTR.
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U.S. trailer net order numbers in March missed analyst projections, coming in well below expectations, according to FTR report.
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