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The TCI took a modest hit during April but is still solidly positive and should stay higher for most of 2014. Much of the reason for the April's dip is the abnormal conditions seen during the winter are leveling off, and having less of an impact on capacity and pricing.
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A measure of the health of the trucking industry has increased slightly, reflecting extremely tight capacity in the truckload sector, according to newly released numbers from the freight forecasting firm FTR
Read More →FTR has released preliminary data showing April 2014 North American Class 8 truck net orders at 24,115, 11% below March results. While orders tempered in April 2014 from the torrid pace set in the previous four months, they were 5% above a year ago, continuing the year over year positive comparisons for a fifteenth consecutive month.
Read More →2014 may be a very volatile year requiring increased shipper attention to market conditions. FTR’s Shippers Conditions Index for February, at a reading of -8.8, reflects an earlier than normal tightening of capacity created by the debilitating effects of winter storms in early 2014.
Read More →ACT Research and FTR have released preliminary expected Class 8 orders that are solid for the month of February.
Read More →FTR’s Shippers Conditions Index conditions for November, at -6.0, continued to reflect a negative environment for shippers despite improving for the third straight month after hitting a low point in August.
Read More →FTR’s Trucking Conditions Index reading of 9.18 in October, while down marginally from the previous month, remains high due to capacity tightness from regulatory drag.
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FTR has hired Don Ake as vice president of commercial vehicles. In his new role with the company, Ake is directing the enhancement of FTR’s Truck & Trailer Outlook product.
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November Class 8 truck orders totaled 20,915, the second consecutive month above the 20,000 mark, according to preliminary data from transportation forecasting firm FTR. However, the company notes that was below expectations.
Read More →Even though FTR's Shippers Conditions Index improved marginally in September along with a small improvement in the environment affecting shippers it is not expected to hold.
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