FTR’s new Intermodal Dash, recently added the company’s Intelcast platform, offers users new insights into the intermodal marketplace. Intelcast, which builds on FTR’s Freightcast model for forecasting freight demand, lets subscribers adjust data variables and view results immediately. The resulting […]
INDIANAPOLIS, Ind. – The U.S. truck population could shrink by as much as 13% if half the freight is moved by autonomous trucks using a transfer hub model. Stephan Keese, senior partner with Roland Berger, explained at the FTR Transportation […]
INDIANAPOLIS, Ind. – Safety and driver comfort are driving the way fleets spec’ trucks today, even at the expense of payload. That was the consensus from three fleet managers who participated in a panel at the FTR Transportation Conference.
INDIANAPOLIS, Ind. – The rollout of the electronic logging device (ELD) mandate in the U.S. has not gone smoothly, according to Annette Sandberg, CEO of TransSafe Consulting. Speaking at the FTR Transportation Conference, Sandberg said “We have seen significant problems […]
INDIANAPOLIS, Ind. – Heading into 2018, Bruce Ridley, the vice-president of Packaging Corp. of America in charge of transportation, said the company was prepared for a tropical storm — but not the perfect storm that struck. “I think most of […]
INDIANAPOLIS, Ind. – In studying the viability of electric trucks, Rick Mihelic has learned one thing for certain. “Electric trucks are polarizing,” the director of future technology studies for the North American Council of Freight Efficiency (NACFE) said today during […]
BLOOMINGTON, Ind. – The economy continues to be strong, with spot rates, employment rates, and load postings all reaching record-setting levels in the last several weeks, but trucking is still susceptible to coming changes say industry analysts.
NEWPORT, R.I. – It is a good time to be in trucking in the U.S. The economy is strong, freight needs to move, and rates are on the rise. Eric Starks, the chairman and CEO of FTR, pointed to several indicators during a business symposium for Volvo dealers and customers. The ATA Tonnage Index and FTR Loadings Index, which track absolute freight levels, are both trending upward. The flatbed market in particular has been going “crazy”, in part because of increasing demand to move pipe and fracking sand, the latter of which is moved in boxes, he said. “It’s eating up a huge amount of capacity.” Everything from consumer spending to home sales are adding to the demand.
NEWPORT, R.I. – Per Carlsson has been here before. The global senior vice-president of Volvo Trucks’ strategy and transformation office was president of Volvo Trucks North America from 2008-09, and now he finds himself serving as interim president to fill a role vacated by Goran Nyberg, who has taken a senior position at Volkswagen’s MAN Truck and Bus business unit.
BLOOMINGTON, Ind. — Intermodal volumes and related rates are on the rise this year, buoyed by a strong U.S. economy, but a shortage of rail capacity is also pushing more of the freight onto trucks, FTR Transportation Intelligence reports.
“We’re still expecting healthy growth in rates, even in the back half of the year,” said senior transportation analyst Todd Tanausky, during a webinar on the topic.
BLOOMINGTON, IN – The rollout of mandated Electronic Logging Devices (ELD) continues in the U.S. And while some trucking operations have secured temporary waivers, analysts at FTR Intel believe a bid to exempt small carriers outright is unlikely to succeed.
The Owner-Operator Independent Drivers Association (OOIDA) has asked regulators to exempt small businesses making less than US $27.5 million in revenue, that don’t have an unsatisfactory safety rating, and have a safe record with no attributable at-fault crashes. It would last five years.
An exemption like that – already rejected during the regulatory review process – would essentially gut the mandate for ELDs, and has been opposed by the American Trucking Associations and safety advocacy groups. Eighty-one percent of over-the-road trucking companies, and 93% of one-truck operators among them, have had no DOT-recordable crashes in the past two years, FTR notes.
BLOOMINGTON, IN – Conditions remained strong in November despite a decline from the month before say analysts at FTR Intelligence.
The group’s monthly index measured a month-over-month decline to a level it calls more sustainable after extreme weather and tight labor conditions caused a short-term spike in October.
BLOOMINGTON, IN – FTR Intelligence is predicting the strong start for trucking in 2018 will continue, leaving fleets to get creative when solving the problems created by a market already at capacity.
Avery Vise, vice president trucking research, says although fuel rates leveled in the first week of the new year, they aren’t expected to drop dramatically in the near future, contributing to record-level spot rates and rising contract rates he expects will peak and then fall sometime in late 2018 or early 2019, but will still remain high.
The reefer market was also up in the first week of 2018, with a polar vortex creating an increased need for temperature-controlled transport to keep products from freezing.
BLOOMINGTON, IN – North America’s Class 8 truck orders pushed passed 30,000 units for the third month in a row this December – reaching 37,200 units – and totalling about 290,000 truck orders for the year, FTR says.
BLOOMINGTON, IN – Spot and truck rates pushed higher this fall as the U.S. truck market tightened, analysts at FTR have found. Some of the capacity should ease in the first quarter, after holiday shipments – but the fallout from mandated Electronic Logging Devices (ELDs) will have a say in that.