Two trucking industry research firms report significantly weaker Class 8 order activity in July compared to previous months.
Supply Chains Woes Cause Sharp Fall in Class 8 Orders: Analysts
Posted Friday August 05, 2022 in Business
News tagged with ftr
Fuel, Supply Chains Woes Keep capacity Tight: FTR
Posted Friday July 29, 2022 in Business
Industry forecaster FTR says fuel prices and tight capacity utilization offset some rate relief enjoyed by shippers. FTR says its outlook for the index reflects little change as utilization and rates are likely to remain “mildly unfavorable” for shippers.
Is the Freight Cycle Pendulum Swinging?
Posted Friday May 20, 2022 in Business
Fuel prices, inflation, and global uncertainties are starting to put a drag on both trucking and the economy, according to the latest FTR Trucking Conditions Index.
Class 8 Orders Subdued Due to Component Shortages
Posted Friday May 13, 2022 in Technology
North American Class 8 orders in April fell about 28% month-over-month to between 15,400 and 15,800 units, FTR and ACT Research reported.
Ukraine Conflict Increases Risks to Trucking Conditions
Posted Thursday March 17, 2022 in Business, Environment/fuel
A record surge in fuel costs in the wake of Russia’s invasion of Ukraine will hit trucking conditions in the near term, but the longer-term effects of geopolitical tensions are not yet clear. For now, FTR’s Trucking Conditions Index outlook remains positive, but the downside risks have increased greatly.
