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: August Class 8 orders up from July
August level of order activity continues to be below replacement levels.
FTR’s May Trucking Conditions Index just barely changes M/M
Weak rates and elevated financing costs are expected to offset tiny incremental improvement in freight demand and utilization.
FTR: Class 8 truck orders flat in June
Total Class 8 orders for the previous 12 months have equaled 297,800 units.
FTR Shippers Conditions Index rose in April in response to weaker rates and capacity utilization
According to the company, the outlook is positive through mid-2024.
Stronger freight volume in April pulled up FTR’s Trucking Conditions Index
The outlook remains for negative readings through mid-2024.
FTR Shippers Conditions slightly less favorable in March
Shippers Conditions Index dips, but positive factors maintain stable outlook, according to market research.
FTR: North American Class 8 net orders fell 37% M/M in April
The weak order level in April is not a major surprise, although it is happening earlier in the year than typically expected.
FTR announces executive appointments
FTR announces new CEO and COO, Jonathan Starks and Jami Sargent, respectively.
