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FTR is reporting that its Trucking Conditions Index for October 2020 literally went off the charts to the highest reading the research firm has ever recorded.
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FTR and ACT Research report that preliminary trailer orders fell significantly in November as fleets become more cautious about freight conditions in 2020.
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FTR has added Intermodal Dash software to its newly released Intel•cast freight-forecasting platform.
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Truckstop.com, in partnership with FTR, has introduced the Rate Forecasting tool, which is designed to project spot market rates using historical paid rate data.
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Final government forecasts for diesel, gasoline and oil prices before 2017 gets underway are in with two of the three calling for double-digit percentage hikes compared to this year.
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Freight volumes are projected to grow nearly 29% over the next 11 years, according to a report released by American Trucking Associations.
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The U.S. Energy Department has raised its expectations for fuel prices, according to the latest Short-Term Energy Outlook issued on Tuesday.
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Despite the first upturn since November in average diesel prices this week, expect prices to move slightly lower at least for a while longer, according to the U.S. Energy Department and its latest Short-Term Energy Outlook released on Wednesday.
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In the wake of diesel prices falling from an average of more than $4 per gallon nearly a year ago the U.S. Energy Department's Energy Information Administration has lowered its price forecast from last month’s prediction.
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The Class 4 truck market now dominated by low-cab forward trucks used primarily for urban delivery and landscaping jobs should grow 3 percent in 2014 and reach about 12,000 new vehicles registered for commercial use, ACT Research told Work Truck magazine.
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