FTR Shippers Conditions Index shows positive readings in September as diesel prices fall
“Moving forward, it is likely that diesel prices will determine what the change in the index will be for the next few months.”
FTR Trucking Conditions Index improves, but market remains tough for carriers
The outlook is for consistently negative readings for the TCI in 2024.
FTR: Trailer orders reach highest point of 2023
Orders were at their highest level since December 2022.
Class 8 orders down but within expectations, according to FTR
FTR reports that Class 8 orders for October came in at 28,000 units.
FTR’s Trucking Conditions Index plunged deeper into negative territory in August
With fuel costs stabilizing for now, the outlook is for improved conditions, but FTR says that it does not expect the TCI to turn consistently positive until late 2024.
Class 8 orders nearly double in September, according to FTR
Total Class 8 orders for the previous 12 months have equaled 270,000 units.
FTR’s July Shippers Conditions Index fell reflecting least favorable market conditions for shippers
Fuel costs aside, gradually stronger freight volumes, utilization, and rates likely will soften conditions toward neutral by mid-2024.
FTR: Fuel costs chip away at favorable shippers market
Overall market conditions for shippers were stable and positive during June.
FTR’s July Trucking Conditions Index improved from June but remains in negative territory
Aside from fuel cost volatility, the outlook for trucking conditions is little changed with only gradual improvement.
FTR: August Class 8 orders up from July
August level of order activity continues to be below replacement levels.
