While some have predicted a cliff-event drop in spot rates like in 2018, there is evidence that we may instead see more of a contract rate extended plateau, similar to what we saw in 2011-2012, Jeff Kauffman suggests.
Spot truckload rates remained near all-time highs during the week ending May 3, one year after bottoming out as U.S. economies closed during the pandemic.
FTR’s COVID-19 Impact Heatmap has been updated to show truck load data in the spot market, providing state-level impacts on truck load volumes for four equipment types: dry van, refrigerated, flatbed, and specialized.
It's possible recent low diesel prices may start heading back up, with news that oil-producing countries plan to cut crude-oil production.
Noël Perry, Truckstop.com’s chief economist and former analyst for FTR Transportation Intelligence, has launched a new website called Transport Futures that will serve as a platform to share industry insights.
FTR has named Todd Tranausky Senior Transportation Analyst, responsible for content in FTR’s rail and intermodal services, as well as developing additional analysis and commentary to support those market segments.
FTR has appointed Avery Vise as its vice president, trucking research, responsible for the content of all trucking oriented reports, publications, and analyses.
FTR Transportation Intelligence has announced the conclusion of its business relationships with Noël Perry, principle of Transportation Economics, and Lawrence Gross, president of Gross Transportation Consulting.
The global third-party logistics market could exceed $1.1 trillion dollars in the next five years as e-commerce and outsourcing fuels its growth.
FTR and Truckstop.com have announced that Noël Perry, a partner at FTR, will lead the economic analysis for Truckstop.com, assuming the role of chief economist for the load board and technology company.
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