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
Pent-up consumer demand from COVID-19 shutdowns continues to buoy spot freight rates, but a still-weak manufacturing sector has experts at FTR cautioning that things could turn downward again.
September 10, 2020
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
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
Barring the unexpected, trucking can generally expect flat to moderate growth in demand and rates in 2020, with most of the growth in the second half of the year.
February 13, 2020
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
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
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
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
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
The changes currently happening in technology and automation are likely to change trucking as profoundly as the development of the Interstate Highway System, predicted Noel Perry Thursday in FTR’s monthly State of Freight webinar.
April 14, 2016
One economist is predicting continued slow growth for the economy, but believes our current economic models aren’t working when it comes to federal fiscal policy.
October 8, 2015
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 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.
September 9, 2014
FTR's Noel Perry discussed the role of regulatory shocks in capacity and freight rates, plus the economic backdrop to what's going on in the industry, in FTR's recent State of Freight conference call.
November 12, 2013