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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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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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It’s apparent that people are working very hard in Houston, because the spot market trucking statistics are showing strong positive moves, in some cases to levels above pre-storm benchmarks.
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