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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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The compounding effect of several new safety regulations in the next few years could have more of a negative impact on industry capacity than the individual regulations themselves.
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The old adage “the devil is in the details” could have been invented for the new “phase 2” greenhouse gas / fuel efficiency regulations proposed by the EPA and the NHTSA.
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One economist is predicting continued slow growth for the economy, but believes our current economic models aren’t working when it comes to federal fiscal policy.
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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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Preliminary numbers for Class 8 truck orders show near two-year lows in August, per the latest projections from ACT Research and FTR.
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