New motor carrier approvals at nosebleed levels, FTR says
Leased owner-operators and company drivers could be looking to strike gold on their own in a strong trucking market, Vise says.
Leased owner-operators and company drivers could be looking to strike gold on their own in a strong trucking market, Vise says.
Consulting firm FTR expects railcar orders and deliveries to grow as North American railcar utilization increases amid growing volumes and owners seek to scrap less-utilized cars.
Potential service disruptions from the proposed Canadian Pacific-Kansas City Southern merger could be a key issue explored by regulators reviewing the merger, FTR says. The consulting firm also projects favorable market conditions for intermodal rail and carloads in 2021 and into 2022.
Preliminary Class 8 truck orders in November were the third highest in history as fleets anticipating steady freight demand locked up build slots in 2021.
Preliminary Class 8 truck orders in North America reached a two-year high in October with more than 40,000 reservations.
U.S. rail traffic is still facing double-digit percentage declines amid trade uncertainties and the coronavirus pandemic.
July heavy-duty truck orders were the lowest since 2010, more evidence of a trucking sector recession taking hold.
Trailer orders hit their lowest level in nearly a decade in June, mirroring the slowdown in new truck orders after record performances for both in 2018.
Class 8 truck orders rose sightly in June from May’s figures, but posted their worst first six months of the year since 2010.
As rate pressure eases, conditions for shippers continue to improve.
Good day, Truck makers have been insisting that medium-duty truck owners are starting to look for the same type of data analytics and remote diagnostic capabilities that long-haul operators have become accustomed to in recent years. Kenworth is the latest manufacturer to heed that call, announcing that its TruckTech+ Remote Diagnostics is now an option […]
Truck trailer orders dropped for the third straight month in February.
Deutsche Post DHL Group (XETRA: DPW) has taken a new approach to recruiting driving in Europe: offering to rotate them out of driving roles. Following a record-setting September, fleets continued to order trailers at near-record rates in October.
More of the same. That was the consensus in a quick informal poll of listeners to FTR’s State of Freight webinar on Thursday when they were asked what the most likely outcome was for the U.S. economy in 2019.
If the trucking market is nearing a peak, it isn’t showing up in the order books of truck OEMs.
North American Class 8 net orders came in around 42,800 units in September, according to preliminary data released by ACT Research.
North American Class 8 net orders came in around 42,800 units in September, falling 19 percent from August’s 53,069 units, according to preliminary data released by ACT Research.
Beyond the Hours of Service rule that is under consideration for changes by the federal government, the introduction of the hard ELD rule has created several other less-publicized problems.
A lack of crews and a slowdown in system operations is squeezing intermodal capacity and shutting off an alternative for those looking to move away from trucks.
Most of the gains that helped customers came in the first 25 years after the Staggers Act that deregulated the system. Since then, the gains have not been in service.