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The changes currently happening in technology and automation are likely to change trucking as profoundly as the development of the Interstate Highway System, predicted Noel Perry Thursday in FTR’s monthly State of Freight webinar.
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Class 8 truck orders are projected to fall once again in March, down as much as 12% compared to February, according to the latest numbers from ACT Research and FTR.
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LOUISVILLE, KY -- The U.S. economy is "nowhere near” slipping into recession. But the economy is sending mixed signals, so what's going to happen to freight demand over the next several months? FTR's Eric Starks shared his insights at the MATS Fleet Forum Wednesday.
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Trailer orders in the U.S. during the month of February rose 21% over the previous month, slightly exceeding expectations, says FTR.
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Class 8 truck orders were down as demand fell slightly compared to January, according to the early February numbers from ACT Research and FTR.
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Isuzu Commercial Truck of America unveiled the 2018 Isuzu FTR, the company’s all-new entry in the Class 6 medium-duty truck segment featuring a 4-cylinder diesel engine.
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Net U.S. trailer orders for January hit 17,900 units, down 30% from the month before and down 37% year-over-year, according to the latest numbers from FTR.
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FTR is forecasting stable trucking conditions for 2016 after its Trucking Conditions Index rose more than two points in December to a reading of 10.88.
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Technology will boost productivity and truck utilization to where demand for equipment will greatly decline, one researcher says.
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FTR transportation expert Noel Perry told an audience at the AmericQuest Symposium that trucking currently is outperforming the broader economy, and there are both good and bad economic indicators at play.
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