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COVID-19 Still Brings Uncertainty to 2021 Trucking Outlook

COVID-19 Still Brings Uncertainty to 2021 Trucking Outlook

As the COVID-19 vaccine helps return life to normal later in the year, the effect on trucking freight and rates will vary as consumer spending is expected to shift back toward services. That’s one takeaway from the transportation analysts at FTR in a recent webinar, “Preparing for 2021.”

January 18, 2021

COVID-19 Disruption Continues to Affect Freight, Rates
Truck Freight Outlook Murky: FTR

Truck Freight Outlook Murky: FTR

Improvements in industrial production and housing may help drive a truck freight recovery, but spikes in COVID-19 cases in many parts of the country and questions about what Congress may or may not do leave a lot of uncertainty in the forecast, according to analysts at FTR.

July 9, 2020

Trucking Loses 88,000 Jobs in April

Trucking Loses 88,000 Jobs in April

More than 88,000 jobs disappeared in the truck transportation sector in April, a 5.8% drop from March, both the steepest drops on record – part of a record-setting 20.5 million job loss across the country, as the nation’s unemployment rate rose to 14.7%.

May 8, 2020

Growth in Truck Freight, Rates to be Slight in 2020: FTR
FTR: 2019 Freight Market 'Steadier' Than it May Seem

FTR: 2019 Freight Market 'Steadier' Than it May Seem

While it’s been a challenging year for the trucking industry in some ways, comparisons to the runaway market of 2017-2018 may make it seem worse than it is. In their monthly State of Freight webinar Dec. 12, the transportation intelligence analysts at FTR discussed the top trends affecting freight volumes and rates.

December 12, 2019

Will Truck Sales Momentum Continue Through 2019?

Will Truck Sales Momentum Continue Through 2019?

Despite an overall positive truck sales forecast for 2019, tariffs and trade wars could be stumbling blocks that trip up the economy and send freight and truck sales downward, said two longtime industry analysts.

November 9, 2018

What's Behind the Tight Freight Market, and How Long Will It Last?

What's Behind the Tight Freight Market, and How Long Will It Last?

Although the April 1 start to “hard enforcement” of the electronic logging device mandate does not seem to have had a huge effect on trucking capacity (except perhaps in flatbeds), there are a number of other factors that are working to keep capacity tight and rates high, likely at least until late this year, according to FTR.

May 11, 2018

ELD Mandate: Exemptions, Uneven Enforcement Obscure Impact

ELD Mandate: Exemptions, Uneven Enforcement Obscure Impact

It’s impossible to gauge the full impact of the electronic logging device mandate yet, between temporary exemptions and a phased-in enforcement period, and in fact we may not know the true effect on the industry until rates soften significantly, according to FTR analysts.

February 8, 2018

FTR: Tight Capacity, Rate Increases Projected to Continue

FTR: Tight Capacity, Rate Increases Projected to Continue

Truckload capacity will remain tight and rates high, but both may moderate somewhat as market forces come into play, according to FTR analysts. The ELD mandate is still a wild card, with the economy and tax reform playing a part as well.

January 12, 2018

How Automation, Technology Will Change Trucking in the Next Decade
Slow Economic Growth Likely to Continue; Fed Policy Big Unknown
Capacity Crunch Changes Relationships Between Carriers, Shippers

Capacity Crunch Changes Relationships Between Carriers, Shippers

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.

September 11, 2014

FTR, Internet Truckstop Team up for Analysis of 'Big Data' from Load Transactions
FTR State of Freight: Steady Growth, Capacity Tightening
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