Early numbers indicate a positive month for September’s North American Class 8 truck orders as the market continues to gain momentum
Posted Wednesday August 23, 2017 in Business
FTR’s Trucking Conditions Index fell by more than two points in June as a result of increased costs for labor, fuel, and equipment, reflecting less favorable conditions for trucking.
After the U.S. ELD mandate is fully implemented at the end of this year, truck utilization could climb to 100%, squeezing capacity and creating demand for as many as 60,000 additional drivers.
Uncertainty over international trade – combined with ELDs as well as automation and on-demand servicing – are the key potential disruptions which will shake up the North American Trucking industry, says FTR