Posted on 15 September 2010 by Rhonda Flathman
According to the FTR Trucking Conditions Index, the trucking industry has experienced stabilization over the last several months and should expect to remain in positive territory for the rest of the year. The Trucking Conditions Index is a compilation of factors affecting trucking companies. According to FTR, the current index is showing a solid improvement from 2009 and is expected to continue on an upward trend through 2011. In spite of Continue Reading
Posted on 27 August 2010 by Rhonda Flathman
Near-term projections for the trucking industry indicate a slow, steady climb to reaching previous peak sales levels, but not without some new challenges along the way. Specifically, FTR Associates President Eric Starks told industry representatives at the Commercial Vehicle Outlook Conference in Dallas that CSA 2010 could ultimately create a driver shortage. Fewer drivers will be able to be processed through the system, which will result in an unprecedented driver shortage by mid-2011. Overall, truck sales and freight volumes continue to improve, though at times at what appears to be Continue Reading
Posted on 24 June 2010 by Rhonda Flathman
Recent spikes in new truck sales may not be a sign of prosperity to come any time soon, according to various research firms, like Standard and Poor’s and FTR Associates and industry analysts. Now, FTR Associates is saying, that the jump may be the optimistic part of the rebound-then-fizzle-out sales cycle experienced in the 1982 recession. If that’s the case, truck sales have a hard road ahead to approach recent peak levels in the U.S. in Continue Reading