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FTR’s Trucking Conditions Index for November, at a reading of 8.98, reflects dropping fuel prices, according to the transportation research firm. Strong freight volumes from a good Christmas shopping season also helped.
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Since the end of the "Great Recession" and the start of a recovery, the U.S. economy has gone through two distinct phases, with the latter being the better, and expectations are things will continue to improve.
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Truck orders remained strong in December with net Class 8 orders at 43,620 units, the third consecutive month above 40,000, according to the latest data from FTR.
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November trailer orders in the U.S. hit 39,356, the second highest month ever behind October of this year, according to a report from FTR.
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FTR’s Trucking Conditions Index for October, at a reading of 8.53, fell only slightly from September’s level, reflecting still strong fundamentals for trucking companies, and the transportation analysis firm expects it to stay strong through next year.
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By increasing truckload capacity of the industry, there should be a slight boost to potential productivity, according to analysis from transportation research firm FTR.
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Net trailer orders in the U.S. hit an all-time record high in October with 46,267 units according to a new report by FTR. The new mark shatters the old high number by 9%
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The Trucking Conditions Index from the freight transportation forecasting firm FTR registered 9.07 for September, according to a just released report.
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October was the second best month on record for orders of Class 8 trucks, increasing 87% over September to nearly 46,000 units, according to FTR.
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Trailer orders in September were 32% better than August with net number of 32,111 units ordered for the month, according to a new report by FTR. When compared with September of last year, orders are up 80%.
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