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Are diesel prices driving small carriers out of business? FTR's Avery Vise digs into FMCSA data to explore that.
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High fuel prices and inflation are among the factors prompting analysts to say the freight pendulum is starting to swing back the other way.
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With backlogs largely full for the year, OEM’s have yet to open their order boards for 2023.
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The first two days of FTR's 18th Annual Transportation Conference will feature truck equipment- and truck freight-related tracks.
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Industrial production and manufacturing output are strong. FTR's Avery Vise explores what this could mean for industrial freight volumes.
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FTR’s Trucking Conditions Index is forecast to recover to positive territory in April and beyond, but signals of potentially weaker demand and rates than currently forecast could temper that outlook.
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A major jump in trailer orders during March will extend OEM commitments through most of the rest of the year, unless manufacturing capacity increases.
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To keep Class 8 truck order backlogs in check, OEMs are booking orders a month at a time, just under current production rates.
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A record surge in fuel costs in the wake of Russia’s invasion of Ukraine will hit trucking conditions in the near term. For now, FTR’s Trucking Conditions Index outlook remains positive, but the downside risks have increased greatly.
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OEMs are not confident that the supply chain will improve in the short term, so they are controlling the number of official Class 8 truck orders very carefully, keeping backlogs at a manageable level.
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