FTR Trucking Conditions Index improves, but market remains tough for carriers
The outlook is for consistently negative readings for the TCI in 2024.
Bridgestone IntelliTire, TPMS now available on MyGeotab Marketplace
Bridgestone’s tire-health monitoring system uses internal or external sensors to provide fleets with real-time data including tire pressure and tire temperature and slow leak detection.
Mack Trucks on the trucking market, new connected fleet management solutions
Long-haul registrations could soften in 2024.
PLI signaling growth in parts aftermarket sales below trend
“PLI has fallen to a level signaling the growth rate of parts aftermarket sales will be below trend in the coming months.”
Freight markets remain soft amid private fleet expansion
The reduction in capacity within the for-hire sector is starting to create potential for improved market conditions, but this positive outlook could be jeopardized…
NTEA releases fall 2023 U.S. Commercial Vehicle Market Report
The report is focused on the commercial vehicle life cycle — from chassis sales to truck registration to later stages when used vehicles re-enter the sales market.
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.
ACT Research projects weaker U.S. tractor market in 2024
Those factors include ongoing pent-up vocational truck demand, strong tractor demand in Mexico, and labor hoarding.
FTR: Fuel costs chip away at favorable shippers market
Overall market conditions for shippers were stable and positive during June.
Parts Leading Indicator continues to trend downward, signaling slow aftermarket parts sales
PLI has declined for eight consecutive months.