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FTR has announced that registration is open for its first "virtual conference." The event is scheduled for April 7th and will include discussions and question-and-answer sessions on important topics in trucking.
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The FTR Trucking Conditions Index for January dropped 34% month to month to a reading of 7.8. Despite the drop, the index is only slightly below the high average score from 2014.
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Trailer orders for January hit 27,300 units returning to normal order rates after an increased rate in the last three months of 2014, according to report from FTR.
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Business conditions in the trucking industry improved dramatically the final month of 2014, according to a new report from the transportation forecasting firm FTR.
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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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