Only a strong improvement in trucking capacity utilization during May helped offset the grueling rate environment, FTR reported in their Shippers Conditions Index.
The weak order activity reflects OEM’s that are essentially booked for the year and reluctant to quote trailers for 2022 delivery due to a spike in commodity prices and other ...
The March reading was more than five points lower than February reflecting an across-the-board decline month over month in the components that make up the Shippers Conditions ...
The TCI of 16.27 was up about five points from February, surpassing the prior record of 16.17 in October 2020; Contributions from freight volume, rates, and capacity utilization...
Carrier conditions remained favorable in June despite a pullback from May’s record reading, with supply constraints continuing to support the freight market.
Orders outpaced seasonal expectations again in April, indicating that fleets are continuing to replace aging equipment even as pricing and trade uncertainties linger.
ACT Research reports higher Class 8 sales in June, adding to elevated levels in May, and the group’s VP attributes the surge, in part, to more operators exiting the market, allowing...
Although FTR analysts don’t expect a recession for the remainder of the year, fleets can expect ongoing equipment challenges into 2023, as OEMs continue to allocate orders more...
Sept. 19, 2022
Photo 233041174 I Siwakorn Klomwinyarn | Dreamstime.com
The component shortage that has slowed the supply chain throughout 2021 is poised for recovery in 2022—and that recovery will help drive the economy in the new year, according...
Preliminary North American Class 8 net orders were 44,000 units, a three percent increase from last month and a two hundred and nine percent increase over last year.
The FTR State of Freight Webinar: Preparing for 2021 will cover a range of topics including consumer demand, the political realities of 2021, and the vaccine.
In October there was a sudden increase in capacity utilization which, along with a tough rate environment and higher freight demand, resulted in the sharply worsening market conditions...
