
Retail inventories surged to end 2021. FTR's Avery Vise explores why it happened and what it means for freight.
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FTR expects conditions to remain positive for carriers through 2022 with gradual easing, but swings in fuel prices could maintain volatility.
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While there is demand for new trucks, OEMs continue to be limited in what they can produce due to shortages of semiconductors and other components.
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You might recall reports that preliminary figures for payroll employment and retail sales were weak in December. FTR's Avery Vise takes a closer look at those numbers and comes up with a different conclusion.
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FTR’s Trucking Conditions Index for November 2021 rebounded from October due to steadier diesel prices, and firmer freight volumes and rates.
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The decline in trailer orders is attributed to supply chain disruptions, a labor shortage, and OEMs having to continue to manage backlogs.
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After hitting a Class 8 cancellation speed-bump in November, orders rebounded to a level just above the second half of 2021 production trend in December, ACT Research reported.
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Trailer net orders rebounded in November, as large fleets place orders and OEMs began to solidify their 2022 production plans.
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The low order total in November is not due to any lack of demand, but rather due to the uncertainty in the supply chain.
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For trucking companies struggling to find drivers, these numbers might sound like nonsense. And in fact, the truth is far more complicated.
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