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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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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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Near-record-setting Class 8 truck orders of nearly 30,000 in July mean the industry is on track to potentially reach 325,000 Class 8 trucks this year, according to preliminary figures from two industry research groups.
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