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FTR Associates has released preliminary data showing December Class 8 truck total net orders for all major North American OEM's at 25,247 units, only a slight 3% drop from the strong November activity
Read More →FTR Associates has released preliminary data showing November Class 8 truck net orders for all major North American OEM's totaled 26,005 units, a 38-percent increase over October and the highest monthly order level since May 2006
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The economy and freight may be sluggish right now, but by 2012, the industry will be looking at shortage of 400,000 drivers, according to Eric Starks, president of FTR Associates
Read More →October Class 8 net orders were up 22 percent over September, according to preliminary figures from FTR Associates
Read More →FTR's Trucking Conditions Index edged higher in August to a reading of 2.3. The Trucking Conditions Index from Freight Transportation Research Associates is a compilation of factors affecting trucking companies. The August reading, which is the sixth consecutive reading in positive territory, reflects a healthy environment for trucking.
Read More →Transportation forecasting group FTR Associates reports its Trucking Condition Index, at 0.8 for July and reported in the September Trucking Update, is expected to remain in positive territory for the remainder of the year
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While the economic recovery has been showing signs of slowing, this is not cause for concern that we'll see a double dip recession, FTR Associates pointed out during a webinar Friday
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Although the U.S. economic recovery is likely on track, there are several risks out there that could negatively impact the recovery, according to FTR Associates' June North American Commercial Truck and Trailer Outlook. Due to risks such as the impact of Europe's economic crisis, the decline in the U.S. stock market, and high unemployment numbers, FTR's forecast was somewhat conservative in this outlook
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When freight picks back up and fleets start to struggle to fill previously parked trucks, fleets will be constrained by their ability to hire and train new drivers, according to FTR Associates' Driver Supply Update for May
Read More →While current production is at strong levels, FTR Associates said most demand is being created by the onset of new EPA-compliant 2010 engines
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