FTR Archives - Page 4 of 24 - Fleet Equipment Magazine
FTR reports preliminary North American Class 8 net orders remain elevated

FTR reports preliminary North American Class 8 net orders for October remained elevated for the second consecutive month, coming in at 43,200 units. October order activity was -23% m/m and +77% y/y, with Class 8 orders now totaling 271,000 units for the last 12 months. Net orders in October continue to solidify the notion that

FTR-NA-Class-8-Net-Orders-Oct-1400
FTR reports preliminary trailer orders dropped considerably

FTR reports preliminary trailer orders dropped in September, falling 25% m/m to 12,500 units.  September trailer orders were -56% y/y and now total 271,000 units for the past 12 months. Overall, most trailer manufacturers, especially those in the van segments, still must manage production weekly as component shortages continue to hinder production. Even amidst the downward trend

truck-lights-generic
FTR reports preliminary Class 8 truck net orders soared to a record

FTR reports preliminary North American Class 8 net orders for September soared to 56,500 units, the most ever for a single month.  September order activity was +169% m/m and +102% y/y, with Class 8 orders now totaling 254,000 units for the last 12 months. “With order boards officially open for 2023 build spots, Q4 monthly

FTR-Class-8-Net-Order-1400
FTR’s Trucking Conditions Index remained in negative territory for third consecutive month

FTR’s Trucking Conditions Index (TCI) improved in July to a reading of -0.7 from the previous -3.36 principally because of falling diesel prices. Although the index was just below the index’s base of zero, it was the third consecutive month of negative readings–a situation that had not occurred since March-May 2020.  FTR expects that trucking market

truck-lights-generic
FTR reports preliminary trailer orders fell in August

FTR reports preliminary trailer orders fell 3% m/m in August to a total of 16,400 units.  August 2022 trailer order activity was +21% y/y with orders now totaling 286,000 units for the past twelve months. Factors such as labor conditions, component supply chains, and volatile raw material prices remain the primary factors preventing OEMs from

trailers-generic
Don Ake to retire from FTR 

Don Ake retired from FTR at the end of September. Ake has been the vice president of commercial vehicles at FTR since 2013. His responsibilities included forecasting and analysis of the Class 8, commercial trailers, and medium duty truck markets. Ake began his career in the industry with equipment supplier Hendrickson in 1993 and has

Don-Ake-FTR-1400
North American Class 8 net orders nearly double in August

FTR reports preliminary North American Class 8 net orders for August jumped 98% m/m to 21,400 units. Most OEMs began placing a limited number of orders for the first quarter of 2023.  It appears OEMs have returned to the pattern of the first quarter of this year when orders averaged 21,100 units. It is expected

Onfleet_6_generic
FTR’s Shippers Conditions Index improved but remains in negative territory

FTR’s Shippers Conditions Index (SCI) improved somewhat in June to a less negative reading of -4.0 from the previous -6.2 in May. A slowing of diesel price gains in June was the largest factor. Freight market dynamics netted out little change. Aside from April, the June SCI reading was the strongest since September 2020.  The outlook is improving

Trailer Telematics-Geotab-collision-data-mitigation-safety-report-generic
FTR reports preliminary trailer orders decline in July from final June numbers

FTR reports preliminary trailer orders fell back in July 28% from the final trailer orders reported for June to a total of 17,000 units. July 2022 trailer order activity was +101$ y/y with orders now totaling 275,000 units for the past twelve month. “Amidst these uncertainties and production challenges, OEMs have continued to strategically manage

trailers-generic
FTR’s Shippers Conditions Index drops to -6.2 reading

FTR’s Shippers Conditions Index (SCI) fell back in May to a -6.2 reading. After relatively stable diesel prices in April, large increases in May coupled with tighter capacity utilization led to tougher market conditions despite some rate relief. The outlook for the SCI is for little change as utilization and rates are expected to remain mildly

Generic-Tires-Wheels-Brakes-1400x700
FTR’s Trucking Conditions Index fell due mostly to diesel price gains

FTR’s Trucking Conditions Index (TCI) for May fell back into negative territory with a -0.3 reading from 3.21 in April. Sharp increases in diesel prices during May offset slightly improved freight market conditions for carriers. Freight demand, capacity utilization, and freight rates were slightly stronger in May but together were unable to diminish the negative

FTR--May-TCI-1400
FTR reports preliminary trailer orders continued to backtrack in June

FTR reports preliminary trailer orders fell back in June to 14,400 units. Orders were down 23% m/m but up 20% y/y. Trailer orders for the past twelve months have totaled 265,000 units. The order number for June met expectations, as OEMs have filled most of the available build slots and are not yet booking orders

FTR-June-Trailer-report-1400