FTR Transportation Conference Keynote Speakers
FTR has announced the lineup of keynote speakers for the Annual Transportation Conference being held in Indianapolis, Indiana.
FTR has announced the lineup of keynote speakers for the Annual Transportation Conference being held in Indianapolis, Indiana.
FTR reports preliminary North American Class 8 net orders for July are above expectations but still running below replacement demand.
FTR has extended the early-bird registration savings offer for their 19h Annual Transportation Conference.
FTR Reports Preliminary North American Class 8 Net Orders for May Were Above Expectations, Rising 9% M/M to 13,600 Units … Read more
FTR reports that preliminary North American Class 8 net orders fell in April for the sixth time in the last seven months.
FTR’s Trucking Conditions Index in February declined to -5.17 from January’s -1.71 reading, reflecting weaker freight rates and volume.
The January 2023 Shippers Conditions Index was still the strongest since May 2020. The SCI is forecast to remain stable into 2024.
With lower fuel prices playing a significant role, the FTR Shippers Conditions Index (SCI) jumped to 10.32 in December.
Aside from falling fuel costs, FTR’s Trucking Conditions Index in December was broadly negative.
Preliminary North American Class 8 net orders have declined for the fourth consecutive month after reaching a record high in September 2022.
Trailer backlog levels returned above 200,000 units as Trailer Orders hit a new monthly record of 56,949 units.
FTR reports that U.S. trailer net orders surged in October to 44,000, rising 91% from the previous month.
The freight environment was tougher for shippers in September as capacity utilization tightened and freight volume increased.
FTR has revised their previous report regarding September trailer orders. The new report indicates that September trailer orders increased 29%.
FTR reports preliminary trailer orders fell 25% in September. Component shortages continue to hinder production.
Labor conditions, component supply chains, and volatile raw material prices continue to prevent OEMs from committing to new trailer orders.
FTR reports that preliminary North American Class 8 net orders nearly double in August to 21,400 units.
OEMs could increase production by about 10% over the current rate if they could get the parts, but the supply chain remains clogged.
The outlook for the Shippers Condition Index (SCI) is for little change as utilization and rates are expected to remain mildly unfavorable for shippers.
Preliminary trailer orders fell in June because OEMs have limited build slots available due to ongoing supply chain disruptions.
FTR reports that preliminary North American Class 8 net orders show a modest gain in June to 15,000 units.