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The forecast for key indicators in the national macro economy are positive, especially for the construction industry and the growth of home delivery of products purchased online, augur a strong demand for medium-duty work trucks.
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Speaking about the impact of Hurricanes Harvey and Irma at the FTR Transportation Conference, analysts estimated that the economic impact on the region could cost GDP 0.5% in the third quarter of 2017.
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FTR's Trucking Conditions Index (TCI) for May as reported in the July 2013 Trucking Update at 12.4 is unchanged from the previous month continuing to reflect a positive environment for trucking.
Read More →NASHVILLE, IN - FTR Associates released preliminary data showing November 2011 Class 8 truck total net orders for all major North American OEM's declined 27 percent from October to 20,400 units.
Read More →NASHVILLE, IN - For fleets needing additional drivers the constraint will be in their ability to hire and train prospects from the available labor pool.
Read More →NASHVILLE, IN - The share of domestic intermodal revenue movements accounted for by moves of 1,000 miles or less has declined in the past year.
Read More →WASHINGTON - While small points of optimism signal the economy finally may be starting to recover, that recovery is weak. Truck sales this year will be barely better than the dismal 2009 market.
Read More →NASHVILLE, IN - The FTR Trucking Conditions Index eased down two points in May to a reading of -22, reflecting the effects of continued over-capacity in the trucking industry.
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