FTR Archives - Page 3 of 21 - Fleet Equipment Magazine
FTR’s Shippers Conditions Index falls sharply

FTR’s Shippers Conditions Index (SCI) for October, as reported in the December Shippers Update, fell sharply to a -12.38 reading. October was the lowest reading since the all-time low was reached in March of this year reflecting worsening market conditions for shippers. The primary cause of the severe decline was the surge in diesel prices

FTR’s latest Shippers Conditions Index reflects little change

FTR’s Shippers Conditions Index (SCI) for September, as reported in the November Shippers Update, at -6.5 improved only slightly from the August reading of -6.8 with market conditions stalled at a level unfavorable for shippers. The slight movement in the September SCI reflects market conditions that have barely budged as tougher freight rates and higher

FTR’s Trucking Conditions Index in double digits as freight rates strengthen

FTR’s Trucking Conditions Index (TCI) reading for September increased marginally to 11.79 from 11.63 in August. Freight rates continued to strengthen in September, but freight volume and capacity utilization were not as beneficial to carriers as they were in July and August. FTR’s forecast remains for strong positive TCI readings well into 2022. “The market

Final trailer orders fall to 16,800 units as OEMs remain cautious about overbooking

FTR reports final trailer orders dipped in October to 16,800 units amid continuing caution by OEMs about overbooking the first half of 2022.  October orders were -41% m/m. The y/y comparison of -70% is against the all-time record high in October 2020.  Trailer orders for the past twelve months now total 277,000. A few OEMs had

Class 8 truck net orders remain in tight range due to OEM production issues

FTR reports that preliminary North American Class 8 net orders for October were 24,500 units, down 12% from September and down 39% year-over-year. Class 8 orders have stayed within the 23,000 to 28,000-unit range for five of the last six months as OEMs deal with production issues. Class 8 orders now total 437,000 units for

Class 8 Orders-chart-600
FTR’s Shippers Conditions Index ‘as good as it gets for 2021’ in August

FTR reports that its Shippers Conditions Index (SCI) for August continued to gradually improve to the best reading since September 2020 at -6.8, slightly better than the -8.1 July index.  A minor loosening of capacity utilization and marginally lower fuel costs contributed to the improvement in the August SCI measure. Market conditions for shippers are technically

FTR Trucking Conditions Index remains strong

After easing modestly but steadily since April’s record level, FTR’s Trucking Conditions Index (TCI) in August rose slightly to a reading of 11.63. Freight volume and capacity utilization were not quite as favorable for carriers in August as they were in July, but more robust freight rates resulted in stronger overall market conditions. FTR says

FTR Shippers Conditions Index hits 2021 high point

FTR’s Shippers Conditions Index (SCI) for July, while still in negative territory at -8.07, was the best reading for the index since Q4 2020. The July SCI improved significantly from the June reading of -12.0 with shipper market conditions less negative.  However, the only technically positive index factor in the month was an insignificant softening

FTR’s Trucking Conditions Index eased in July, remain robust for carriers

FTR’s Trucking Conditions Index (TCI) for July declined to 10.78 from 12.61 in June. Market conditions are still robust for carriers despite some modest easing over the past three months from the record TCI posted in April. In July, a softer rate and utilization environment along with a slightly higher cost of capital was offset

Preliminary trailer orders bounce back, some OEMs take limited 2022 orders

FTR reports that preliminary trailer orders bounced back in August to 15,100 units, which is up 79% from July, but still down 47% year-over-year. Trailers orders for the past twelve months now total 341,000 units. During August, a few OEMs began limited bookings for 2022. Fleets are eager to lock up prime 2022 build slots;

FTR’s latest Shippers Conditions Index reflects tough conditions for shippers

FTR’s Shippers Conditions Index (SCI) for June fell back to a reading of -12.0, reflecting a continuing tough environment for shippers. Shipper market conditions remain highly negative. Freight rates improved slightly during June, but it was not enough to offset tighter capacity utilization and little change in other components—volume and fuel costs—to hold off the

Forecast remains strong for FTR Trucking Conditions Index

FTR reports that its Trucking Conditions Index (TCI) for June was strong, although it declined to 12.61 from a reading of 15.72 in May. The easing in June primarily reflected slightly weaker freight volume and somewhat less robust freight rates, FTR says. Partially offsetting those factors was slightly stronger capacity utilization. Overall, market conditions for carriers