November Class 8 Orders see positive momentum amid tariff uncertainty
Preliminary Class 8 order numbers look promising for November, but tariff uncertainty adds risks as 40% of Class 8 trucks for the U.S. market are currently built in Mexico.
Preliminary Class 8 order numbers look promising for November, but tariff uncertainty adds risks as 40% of Class 8 trucks for the U.S. market are currently built in Mexico.
ACT Research and FTR Transportation Intelligence reported strong September Class 8 net orders as OEM order books open up for next year.
Two key reporting agencies saw a slowdown in truck orders last month.
CVSA International Roadcheck is Tuesday through Thursday. Its focus is on tractor protection systems in addition to alcohol and controlled substance possession.
Class 8 new truck orders were down in March, but the research firms that track them did not see it as significant.
The latest figures from ACT and FTR show a new truck build market that remains solid but that slowed from a month earlier.
A report released Monday by the American Transportation Research Institute (ATRI) examines the costs and potential impacts associated with California’s push for zero-emission vehicles. This report is a companion to a December 2022 ATRI report titled “Charging Infrastructure Challenges for the U.S. Electric Vehicle Fleet.
FreightWaves’ Rachel Premack wrote an article on Wednesday outlining her experience attending a truck driver training conference in Corpus Christi, Texas, by the National Association of Publicly-Funded Truck Driving Schools (NAPFTDS). Premack sought to get more information on a fundamental disagreement in trucking that involves driver turnover and whether there is an ongoing driver shortage.
Las mejoras en el servicio ferroviario, así como factores económicos, podrían influir en el crecimiento de la carga rodada.
FTR Transportation Intelligence expects a competitive truck market and port activity shift to put pressure on rail intermodal in 2023.
Truck manufacturers began to fill build slots for the first quarter of 2023 in August but pent-up demand for equipment remains unstated.
Consulting firm FTR Associates says the freight transportation markets will find support amid a still-growing manufacturing sector, despite perceived softness in the U.S. economy.
Los altos precios del combustible podrían empujar a algunos
propietarios-operadores a abandonar el transporte por
carretera
As diesel prices spike and spot rates plunge, independent drivers wonder what their next move should be.
FMCSA has approved 92,000 new motor carrier applications through October, smashing 2020’s full-year record.
Elevated steel prices are driving railcar owners to scrap outdated equipment, according to a Greenbrier manager.
2022 could be a busy year for the Surface Transportation Board if it decides to tackle a number of long-standing, hot-button issues.
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 […]
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.
The monthly numbers of ACT and FTR on class 8 builds set new records; a Goldman Sachs report tries to measure the number of scrubbers that will be used for meeting IMO2020 standards.
So much for the summer doldrums. New truck orders, which typically take a dip in the summer months as both carriers and OEMs reset for the fall, hit a new all-time high in July, according to the latest data from ACT Research.
Fleets ordered 41,800 new trucks in the month of June, making last month the busiest June on record. OEM stock prices rose on the news, and their order backlogs continued to lengthen.
The volume of used trucks going to auction continued to be lower than expected in May due to heightened demand.
FTR expects overall intermodal traffic to grow 6% YOY despite capacity constrains in rail and some downside risks like NAFTA renegotiation.
Truck sales, indices, stock price projections: all are looking bullish
Wages continue to rise for America’s truckers as the trucking industry contends with driver shortages coupled with an increased demand for shipping services.
Conditions improved slightly for shippers in November according to FTR’s Shippers Conditions Index (SCI). The SCI recorded a -8.9 for November, slightly better than October but still solidly negative, the firm said.
FTR’s Shippers Conditions Index (SCI) took a tumble in August, the firm said, dropping to a negative 6.7 reading. Most of the decline was due to the short-term fuel cost increases because of disruptions due to Hurricane Harvey.