Fleet Owner | Putting the Freight Picture into Focus
So Eric Starks, president of research firm FTR Transportation Intelligence, gave a presentation at the 2017 Truckload Carriers Association (TCA) annual convention this week centered on the state of the U.S. freight market - in particular looking at factors that might help or hinder demand for trucking capacity in the months ahead.
For starters, while many positive freight flow factors are in the mix - manufacturing activity is up, housing starts are up, and the inventory-to-sales ratio is dropping - other issues, particularly around U.S. trade policies going forward, are making many in the business community nervous.
And when business people get nervous or uncertain, “they don’t make decisions,” Starks said. That lack of decision-making is what hurts the development of future freight flows, he added.
Read the full article by clicking here >
Follow Eric Starks on Twitter: @Ericmstarks
For more information about the work of FTR, follow on Twitter @ftrintel, sign up to receive the State of Freight TODAY monthly eNewsletter, or call Helen Lile at (888) 988-1699, ext. 1.
"...My experience with FTR is extremely positive. Remy subscribes to the Truck & Trailer Outlook and it has become a critical element in our demand planning toolbox..."