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September is the 20th consecutive month of year-over-year improvement in Class 8 truck orders, according to a report by FTR.
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FTR’s Trucking Conditions Index increased to 9.10 in August, an upward trend that reflects a tight capacity situation for the freight market.
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INDIANAPOLIS -- Partnership. Collaboration. Shipper of Choice. These were the buzzwords at this week's FTR Transportation Conference as truck and rail providers, shippers and others discussed the current capacity crunch and what's ahead for the freight transportation industry.
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FTR and Internet Truckstop announced a new strategic partnership to bring FTR's analysis and forecasting skills to bear on the "big data" collected by the freight-matching technology provider.
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FTR’s Trucking Conditions Index increased to a reading of 8.49 for July, one of the highest points this year. The high values reflect rising prices and service lapses caused by the current capacity crisis. FTR says the TCI could go even higher this fall if the economy accelerates as expected.
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Preliminary numbers show that orders for Class 8 trucks were strong in August, according to reports from American Commercial Transportation Research and FTR Transportation Intelligence.
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FTR’s Trucking Conditions Index showed some positive movement in June after moderating slightly during the prior two months.
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FTR’s Trucking Conditions Index in May, at a reading of 5.74, reflects some headwinds affecting truck fleet results, according to this latest report from the transportation forecasting firm.
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The freight transportation forecasting firm FTR has released preliminary data showing June 2014 North American Class 8 truck net orders at 26,255 units, an impressive 41% year-over-year increase and the best June since 2005.
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The trucking industry forecasting firm FTR has added total trailer forecasts for the Canadian and Mexican markets to its monthly Truck and Trailer Outlook Report.
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