The forecast for truck loadiings is more optimistic than it was a month ago. Source: FTR Improvements in industrial production and housing may help drive a truck freight recovery, but spikes in COVID-19 cases in many parts of the country and questions about what Congress may or may not do...
DAT rate forecast and MCI tools will be made available to third-party logistics providers, freight brokers, truck fleets, financial analysts, and other industry stakeholders in April. Related:Kingsgate Logistics Joins Pilot Predictive Rates Program...
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"We now have fewer trucks on the road because of the bankruptcies and capacity exits," Woodrow said. "We will exit the freight recession in Q3 and rates will go up in the back end of the third quarter," he added. "I think the holiday season will be interesting in terms of freight p...
Avery Vise, FTR’s vice president of trucking, commented, “A few outliers aside, our forecast indicates positive TCI readings over the next couple of years, but it does not show the index more favorable for carriers than it was in November until the third quarter of this year. The first...
Additionally, intelligent data use can lower the incidence of deadheading and increase the profitability of the entire supply chain. Even your current clientele can be used to generate interest in backhaul transportation. Use data to examine routes and forecast delivery trends. You might have many co...
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Expect the freight market to “continue bouncing along the bottom” for the rest of the year into 2024, concluded ACT Research after releasing its “Freight Forecast, U.S. Rate and Volume Outlook” report. “For carriers, the long bottom in freight rates conti...
State of the Commercial Truck Tire Market: Present & Future The current commercial truck market is strong, with prices stable. The forecast for 2019 is more of the same, barring major world events. Load More More From The World's Largest Fleet Publisher Serving Car & Truck Fleet Management ...
Don Ake, FTR’s vice president for commercial vehicles, said that if you “get deeper in the ISM Index, you can see the effect of the trade war— which means we have to get that settled to stay at our forecast” of steady, slow growth for the rest of 2019. Starks said that the ...