FTR Reports Record Preliminary Trailer Orders for Month of February at 32,000 Units

FTR reports preliminary February orders at 32,000 units, 24% above a year ago.  While down 20% m/m, the February activity was the fifth consecutive month that trailer orders exceeded 30,000 units; and If the preliminary numbers hold, it will be a record February for trailer orders.


FTR Reports North American Class 8 Orders for February Exceed Expectations at 40,200 Units

FTR reports preliminary North American Class 8 orders for February at 40,200 units. This volume was much above expectations and exceeded the 40,000 level for the second consecutive month, something that has not happened since November-December, 2014.  February order activity was down 15% m/m but up 76% y/y. 


FTR Reports December Shippers Conditions Index Remains in Negative Territory as Productivity Remains Key to Improvement

FTR’s Shippers Conditions Index (SCI) for December was basically unchanged from November at a reading of -8.8. Carrier capacity remains extremely tight with rate acceleration expected through Q2, keeping the index in decidedly negative territory through early 2018.


FTR Reports Preliminary January Trailer Orders In 40,000 Range for Third Consecutive Month

FTR reports preliminary January orders in the 40,000 range for the third consecutive month.  If the numbers hold when final orders are reported, this will be the first time in history that the industry has been at those levels in any 3-month period.  Dry van totals were elevated again and refrigerated van orders were particularly strong. 


CCJ | Driver Pay Increases Likely to be Carriers’ Biggest ‘Cost Pressure’ in 2018

Speaking as part of the analysis firm’s “State of Freight” series of webinars, FTR Transportation Intelligence Vice President of Research Avery Vise outlined a series of marketplace conditions that point to market pressure to increase driver wages.


Supply Chain Dive | New Heavy-Duty Truck Orders Hit Highest Level in Over a Decade

FTR, which tracks commercial fleet activity, reported net new orders grew to 47,200 units in January, a 28% increase from December, and 116% higher than in January 2017. American Central Transport (ACT), another industry tracker, reports gains of 41% since December and roughly 107% YoY.


FTR’s Trucking Conditions Index for December Rebounds, Reflecting Maxed-Out Capacity

FTR’s Trucking Conditions Index (TCI) for December rebounded after a one-month lull in November to a strong 9.2 reading, reflecting a full capacity environment driven by continued strength in freight demand. FTR expects the index to remain elevated and even increase further in 2018. Trucking capacity is essentially maxed out, resulting in the strongest freight rates in years.


Resource Recycling | Freight Market Drives Up Costs for Industry

According to FTR, the effects will show up through reduced miles for truckers who have not been in compliance with hours-of-service rules in the past. It could also strain driver supply as it may lead some to exit the market.