FTR: Class 8 orders down more than 30% month-over-month
Despite the substantial drop from February, FTR says the market is performing well, as March orders are on track with 2023.
FTR: Class 8 orders fell in February, up year-over-year
Despite the 9% drop from January, FTR says net orders for February are up 11% year-to-year, according to preliminary data.
FTR Trucking Conditions Index falls in December
FTR says the drop was mostly due to higher capital cost and a deterioration in freight rates, a trend that could stretch into 2024.
FTR Shippers Conditions Index improved in November
The freight transportation forecasting company says falling diesel prices are to thank for the uptick.
FTR Trucking Conditions Index improves slightly in November
Still in the negatives, the slight raise comes largely due to lower fuel costs.
FTR: Trailer orders rose in December
However, order activity in December 2023 was 59% below December 2022.
FTR Shippers Conditions Index improves as diesel prices fall
The most significant improvement was reversal of the surge in diesel prices, FTR said.
FTR: Class 8 truck market ‘performing at a high level’
Class 8 preliminary net orders for December came in at 26,620 units.
FTR Trucking Conditions Index improves
FTR’s outlook is for gradual improvement, but TCI readings are forecast to remain negative through 2024.
Class 8 orders show expected decline in October, FTR says
FTR’s numbers have Class 8 orders for October at 28,000 units.
