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News

01.15.18

HDT | FTR: Tight Capacity, Rate Increases Projected to Continue

FTR’s Market Demand Index, which measures how many available trucks there are vs. how many loads on the spot market, really accelerated once we got past the first quarter of 2017 after a somewhat depressed 2016, explained FTR Chief Operating Officer Jonathan Starks in a recent webinar.

01.10.18

Todd Tranausky Joins FTR as Senior Transportation Analyst

FTR is pleased to announce and welcome Todd Tranausky as Senior Transportation Analyst. Mr. Tranausky will be responsible for content in FTR’s rail and intermodal services as well as developing additional analysis and commentary to support those market segments. Mr. Tranausky will also work to further develop ongoing relationships with customers, shippers, railroads, publications, and financial groups.

Immediately prior to joining FTR, Mr. Tranausky was Argus’ North American transportation editor, responsible for overseeing the quality of Argus’ existing transportation reports and leading the company’s new product development in this area.

01.08.18

FTR Schedules State of Freight Webinar: Trucking Outlook in 2018

FTR is offering a complimentary industry webinar exploring the trucking outlook for 2018. From freight demand, to capacity and prices, 2017 was a very good year for many carriers. Will it continue into 2018? Attendees will hear from FTR’s COO Jonathan Starks, and industry expert Avery Vise, as they discuss the key factors that will define trucking conditions in the coming year and address the prospects for individual industry segments. This webinar is scheduled for Thursday, January 11th, at 11 a.m. EDT.

01.08.18

FTR Reports North American Class 8 Orders for December Remaining Strong at 37,200 Units

FTR reports preliminary North American Class 8 orders at 37,200 units, the third consecutive month that Class 8 orders have surpassed 30,000.   December order activity, 15% better than November totals and plus 77% versus a year ago, were at the highest level since the 40k+ orders that were seen in Q4 of 2014.  Distribution of the orders continues to be inconsistent across the OEMs; however, no OEM is showing any significant weakness in order activity. ​

01.03.18

American Trucker | FTR: Little to No Truck Capacity Ahead for Early 2018

Truck capacity is expected to be tapped out by early spring 2018, according to data tracked by research firm FTR Transportation Intelligence, and it could tighten sooner if freight demand grows faster than expected or a major winter storm develops.

01.03.18

Transport Topics | Tight Capacity, ELD Mandate Send 3PL Rates Higher

Capacity demand has been building since the spring of 2016 due to solid economic growth, said Mark Montague, an industry pricing analyst with DAT Solutions, operator of a truckload freight marketplace. DAT’s load-to-truck ratio is a measure of capacity that doubled at one point in 2016 and then nearly tripled in 2017. The industry research group FTR found that in December truckload capacity had hit 100%.

01.03.18

Transport Topics | Full Speed Ahead for Economy, Trucking in 2018

“Business people are giddy with excitement as business conditions and confidence are at their highest level since the Great Recession,” said Don Ake, a trucking industry analyst at FTR Transportation Intelligence in Bloomington, Ind. “CEOs all the way down to factory workers are hopeful the economy has broken through seven years of the slow-growth recovery and will get even better in the future.”

12.21.17

FTR’s Shippers Conditions Index Continues Downward Trend with Strong Economy and ELD Mandate Creating Tightness in Truck Market and Rising Rates

FTR’s Shippers Conditions Index (SCI) continued to fall in October to a reading of -9.6. Truck rates, both spot and contract segments, have increased for shippers. This is an immediate reflection of the tight truck market. After the holiday blitz, tight capacity should ease somewhat in Q1 2018, as it typically does, before peaking again in the Spring. However, there is additional downside risk to the SCI for early 2018 if contract rates jump substantially or the electronic logging device (ELD) effects are more pronounced than expected.