Fuel Price Increases Threaten Trucking Conditions Index
The outlook is mildly positive in the near term, but ongoing fuel price increases and other factors could result in further negative readings.
The outlook is mildly positive in the near term, but ongoing fuel price increases and other factors could result in further negative readings.
FTR reports preliminary trailer orders for May were similar to April activity at 18,300 units, -3% m/m and +80% y/y.
FTR reports trailer orders fell back substantially in April to 16,800 units. Trailer orders for the past twelve months have totaled 252,000 units.
FTR’s Trucking Conditions Index (TCI) improved slightly in February ahead of a plunge in March.
FTR reports preliminary North American Class 8 net orders for March stayed within the tight range of the past several months.
There is tremendous demand for new trailers and the supply chain crisis has created a severe shortage.
FTR reports that the industry is in a tight holding pattern, as supply chain shortages continue to prevent trailer build rates from rising.
FTR Reports that trailer orders for October fell to 16,800 units as OEMs remain cautious about overbooking.
FTR reports final trailer orders improved in September to 28,300 units only because a few large fleets sent in requirements for 2022.
In place of the canceled in-person Transportation Conference, FTR is planning a no-cost, open Conference Virtual Series for the week of Sep13.
FTR reports preliminary North American Class 8 net orders for August rose 51% from July to 39,400 units.
Given the growing concerns around COVID-19, FTR has made the difficult decision to cancel their 2021 FTR Transportation Conference.
FTR reports that trailer orders sank in May to 9,500 units, 42% below April. Y/Y comparisons were still up 112% versus COVID-impacted 2020.
FTR reports preliminary North American Class 8 net orders slowed in May to 23,600 units.
FTR Transportation Conference 2021 will be held in Indianapolis. This year’s event will feature content tracks geared to your needs
FTR reports that preliminary U.S. net trailer orders remained vibrant for the fourth consecutive month, totaling 41,700 units in December.
The FTR Shippers Conditions Index (SCI) for August fell further into negative territory to a reading of -1.79.
FTR reports preliminary North American Class 8 net orders surged in September to the highest total since October 2018, hitting 32,000 units.
FTR reports final net trailer orders for May 2020 came in at 4,300 Units. All segments except flatbeds and specialty experienced order increases.
FTR reports preliminary net trailer orders for April sunk to the lowest level in the modern era (since 1990) coming in at just 300 units.
The FTR COVID-19 Impact Heatmap now reflects state level truck load data for four trucking equipment types, dry van, refrigerated, flatbed, and specialized.