Shipping Conditions in August were weakest in two years, FTR says
The FTR Shippers Conditions Index for August fell further into negative territory, to a reading of -1.79. Just four months after the strongest market conditions on record, shipping conditions in August were the weakest in two years, FTR says. While most factors affecting the Shipping Conditions Index in August were equal to or more favorable
FTR Reports Preliminary September U.S. net trailer orders hit 52,000 units
FTR reports that preliminary U.S. net trailer orders for September exploded to the third-highest month ever, at 52,000 units. September’s orders were 23,500 units above August and 33,400 more than September 2019. With this latest activity, trailer orders for the last 12 months now equal 224,100 units, FTR says. The great majority of the September
Fleets have ‘renewed confidence’ as truck orders improve in September
According to the latest numbers from FTR and ACT Research, Class 8 net orders surged in September to the highest total since October 2018, hitting 32,000 units according to FTR (ACT Research reports 31,100 units). September order activity was up 55% month-over-month and 160% year-over-year, FTR says. “As orders rebounded to relatively healthy levels early
FTR’s July Shippers Conditions Index falls to negative territory
The FTR Shippers Conditions Index fell into negative territory for the first time since August 2018, with a -0.36 reading. FTR says after a huge positive spike as COVID-19 impacted freight movement, the SCI now reflects a continued weakening of shippers’ market conditions. Freight volume and utilization were actually more favorable to shippers in July,
“A welcome surprise:” Trailer orders strong in August
Trailer order numbers from August show continued positive momentum, according to the latest preliminary numbers from both FTR and ACT Research. FTR reports that preliminary U.S. net trailer orders for August jumped 49% month-over-month to 28,700 units, the strongest activity since last October. August orders were 174% above the same month during the previous year,
Truck orders reach eight-month high
According to the latest numbers from both ACT Research and FTR, Class 8 truck orders hit an eight-month high in August. ACT reports that preliminary North American Class 8 net orders in August were 19,500 units, down 4% from July, but up 75% from last August. The N.A. Classes 5-7 market saw orders at a
Final July net trailer orders climb to highest level in 2020
FTR reports final net trailer orders continued to climb in July, reaching 19,300 units, the highest level for the year. ACT Research reports July net U.S. trailer orders of 18,851 units. July order activity was up 33% from June and +84% y/y, FTR says. Trailer orders now total 173,000 for the past twelve months. Dry
FTR June Trucking Conditions Index reflects freight rebound
FTR’s Trucking Conditions Index reading of 11.35 for June is the highest in a decade and comes just two months after a record-low April reading of -28.66. However, FTR says it is unclear how long the positive factors affecting the June reading—a combination of higher utilization and strong growth in freight demand and rates—will remain
July truck orders strongest in 2020
According to the latest numbers from both ACT Research and FTR, truck orders in July hit their highest point of 2020. FTR reports that preliminary North American Class 8 net orders rebounded in July to 20,000 units, up 28% from June, and double the orders that we had in July of 2019. Class 8 net
FTR’s May Shippers Conditions Index falls sharply in May but remains high
FTR’s Shippers Conditions Index (SCI) for May fell sharply to 24.8 from the extraordinarily high pandemic-impacted 41.3 April reading. While not nearly as positive as April, FTR says, May’s SCI was still the second-highest on record. All inputs to the measure were weaker in May than in April, but all remained positive, especially capacity utilization
June trailer orders rise after several weak months
Final U.S. trailer orders rebounded in June after two sluggish months, according to FTR. Trailer orders for June rose significantly to 14,400 units, 10,000 above May. The June increase was boosted by a recovery in the dry van market supplemented by decent refrigerated van orders, FTR says, adding that flatbed orders remain lethargic. Even though
Heavy-, medium-duty truck orders rebound in June
According to the numbers from both ACT Research and FTR, medium- and heavy-duty truck orders saw a rebound in June. ACT Research reports that preliminary North American Class 8 net orders in June were 16,000 units, rising 139% from May, and up 23% from a year-ago comparison. FTR reported preliminary numbers at 15,500 units. The
