FTR Shippers Conditions Index improved in November
The freight transportation forecasting company says falling diesel prices are to thank for the uptick.
10 ways predictive maintenance with telematics data can boost fuel efficiency
With fluctuating fuel costs, a predictive maintenance program with telematics data can provide substantial fuel savings to reduce operating costs. Proper vehicle maintenance is essential for the safe and efficient operation of your fleet. But did you know that it can also improve fuel economy by as much as 5% to 10%? Not only that,
Four truck trends from 2018 and whether they will continue into 2019
The dawn of a New Year often serves as a good time to take look back at the last year and then turn our eyes forward to the year that’s coming. With the help of Brian Holland, president and chief financial officer at Fleet Advantage (a consulting firm that works with fleets to determine the
Lower fuel costs improve trucking conditions in December
FTR’s Trucking Conditions Index for December improved 30% month-over-month to a reading of 11.80, reflecting the dramatic drop in fuel costs during the period. Freight growth also remained strong with contract rates continuing to rise. FTR expects a modest relaxation of capacity constraints in 2015, along with a bounce back in diesel prices to keep
Low fuel prices are temporary
Fuel prices in the United States are extremely low and out of balance lately for at least two reasons. Let’s discuss these reasons so you fleet operators can better plan future vehicle engine and fuel purchases. First, gasoline prices are so low relative to diesel that the diesel vs. gasoline cost-effectiveness financial justification is upside
