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Tag: FTR
Business
Trucking indicators remain bleak, freight transportation weaker than broader economy
Despite 2018âs surge, indicators for 2019, especially of late, appear somewhat bleak. Truck orders hit their lowest point since the bottom of the Great Recession, and transportation growth in the second quarter was much weaker than that of the overall U.S. economy.
August 6, 2019
Business
FTR: Spot rates outlook bleak for 2019, new ELD hurdleâs impact likely to be minimal
Per-mile rates on the spot market are forecasted to decline 7 percent in 2019 compared to 2018, FTR predicts, as freight growth has stalled and market conditions have softened over the past 8 months. Also: Notes on ELD enforcement and the looming full compliance date.
June 17, 2019
Business
Spot rates expected to dip âsharplyâ in 2019 as economic growth stalls
Analysts at FTR said they project freight to remain stable in 2019, despite the slowing of economic growth. Get the details on the report from FTR on Overdrive.
February 14, 2019
Business
Rates âhigh and headed higherâ with truck capacity holding tight
The rate gains are being driven by a simple supply and demand imbalance, with the number of loads well outpacing available trucks. Details on Overdrive.
June 19, 2018
Business
Recent rates windfall helps stimulate â and pay for â truck investments
As freight rates have climbed significantly, combined with tax windfalls for truck buyers and new productivity pressures with electronic logging devices, truck orders have followed.
April 5, 2018
Business
Fast-changing economy could upend trucking, analyst says
The U.S. economy is in the midst of major shifts in the way consumers buy and receive goods, and some of the largest segments of the economy â such as prominent freight-producing sectors like the food and automobile industries â will be upended in the coming decades, said forecasters at the FTR Conference.
September 15, 2017
Business
Stiff freight challenges await trucking in coming decade, says trucking economist
Long-term freight challenges loom for the trucking industry as the economy and the supply chain become more efficient, more digitized and, thus, less reliant on transport needs, said NoČ l Perry, a chief economist for FTR and Truckstop.com.
September 14, 2017
Business
Hurricane recovery, ELD mandate could squeeze trucking capacity, boost rates
Hurricane recovery efforts will increase freight demand, which will pull trucks out of their normal cycle. That shift in freight patterns combined with the crimp of productivity likely associated with the coming electronic logging device mandate deadline could prompt a capacity crisis.
September 13, 2017
Business
FTRâs Perry joins Truckstop.com as chief economist
Perry specializes in analyzing risks in the transportation market and focuses on the underlying fundamentals of transport demand, operations and competition.
June 23, 2017
Business
Rates could see a big boost in 2017 and 2018, forecasters say
The combination of major trucking regulations like the DOTâs electronic logging device mandate and the EPAâs coming emissions standards, increasing fuel costs and a boost in manufacturing will likely lead to an industry capacity crunch and a big increase in rates, said forecasters this week.
September 15, 2016
Business
State of freight: Market pressure on driver pay stalled?
Though recent years have shown better trends, with pay rising fairly sharply for company drivers and independents alike, thereâs evidence from carrier surveys that such increases have now lulled. Lower volume expectations indicate increases in driver pay could be limited in 2016.
February 11, 2016
Overdrive Extra
E-log enforcement: Will it be âone strike, youâre outâ? That and more from FTR conference
âItâs a mandatory regulation,â said former FMCSA head Annette Sandberg, meaning enforcers likely will drop a carriersâ safety rating to Unsatisfactory, giving them 60 days to comply with the rule or be shut down, she says.
September 18, 2015
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