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The November FTR Trucking Conditions Index jumped by more than three points to a reading of 8.64, possibly pointing to improvements for truckers in 2016, according to FTR.
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Class 8 truck orders rebounded while Class 5-7 orders remained strong in December, according to preliminary numbers from ACT Research and FTR.
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The October FTR index fell by more than three points from September to a reading of 5.06, in line with previous predications from FTR.
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While trailer orders in October were down month over month and year over year, they still beat expectations thanks to "spectacular" refrigerated van orders, according to industry research and analysis firm FTR.
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More gloom than boom, but no doom sums up the economic outlook for 2016 presented by FTR economists in the latest State of Freight webinar hosted by the research and analysis firm.
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The FTR Trucking Conditions Index declined from the previous month’s number to a reading of 8.46 in September. The reading in August was the highest of 2015 so far.
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Trailer orders saw a significant increase in August due to a surge in the dry van market, according to the latest report from ACT Research and FTR.
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Former FMCSA Administrator Annette Sandberg told attendees at the FTR Conference that most of FMCSA'S current rulemaking workload is on hold until after Acting Administrator Scott Darling is confirmed as the Agency's next Administrator.
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The reinvented Trans4Cast provides a deeper dive into the spot marketplace. Freight professionals are now able to see information that’s more relevant to their business, viewing spot market data by freight equipment type and region.
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GDP growth in the second quarter could drive improvements in freight and FTR is forecasting double digit positive Trucking Conditions Index readings by the end of the year.
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