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Keep Looking Up to Follow Path of Truckload Rates

Based on various commentaries from speakers at the recent 2017 FTR Transportation Conference and CSCMP Edge, it stands to reason that in the coming months, rates are only heading in one direction: up.

Trucking Posts

The most recent edition of the Trucking Conditions Index from freight transportation consultancy FTR dropped from July to August, with the firm explaining that the August reading “is not wholly reflective of the current environment for truckers.” (October 13, 2017)

(October 04, 2017)

For July, the most recent month for which data is available, the SCI reading was -0.1, which was in range and slightly below June’s -0.7 reading. The firm said these levels reflect “the dominance” of contract pricing, coupled with capacity continuing to significantly tighten and subsequently increasing spot market activity, especially in the form of increasing spot market rates. (October 02, 2017)

Based on various commentaries from speakers at the recent 2017 FTR Transportation Conference and CSCMP Edge, it stands to reason that in the coming months, rates are only heading in one direction: up. (September 29, 2017)

FTR said that the July reading reflects a tight capacity environment, increasing spot market rates, as well as an impact on the market this fall and winter as a result of the pending ELD (electronic logging device) regulation for motor carriers. (September 21, 2017)

Seasonally-adjusted (SA) for-hire truck tonnage at 149 (2000=100) was up 7.1% over July, and the ATA’s not seasonally-adjusted (NSA) index saw a 10.5% increase from July to August, coming in at 156.4. (September 19, 2017)

Although it may be too early to collect any data from this second major hurricane in three weeks, Noel Perry, Partner at FTR and Senior Economist for Truckstop.com says the impact will be significant. (September 13, 2017)

The merger of two Phoenix, Az.-based truckload giants, Swift Transportation and Knight Transportation, was approved late yesterday by Swift stockholders, Swift officials announced yesterday. Swift said it expects to the merger to close today. (September 08, 2017)

A late push for a legislative delay for implementing the electronic logging device (ELD) mandate for motor carriers, which is set to take effect on December 18, was turned down by the United States House of Representatives this week. This stemmed from a proposal by Rep. Brian Babin (R-Texas) that was part of a Fiscal Year 2018 funding bill and called for more time for motor carriers to be in compliance with the ELD mandate. (September 07, 2017)

Expectations that trucking demand will increase for cleanup from Hurricane Harvey helped boost shares of Landstar System Inc., YRC Worldwide Inc., and C.H. Robinson Worldwide Inc. (August 31, 2017)

This study closely examines four global commercial vehicle markets and identifies the trends that will fundamentally transform the global truck markets. (August 30, 2017)

Recent data from FTR and the American Trucking Associations provide in-depth insight on motor carrier and shipper market outlooks. (August 30, 2017)

While the Federal Motor Carrier Safety Administration’s (FMCSA) electronic logging device mandate deadline remains intact for December 18, it comes with a caveat based on an announcement issued by the Commercial Vehicle Safety Alliance earlier this week. (August 30, 2017)

Understanding the challenges of Motor Freight and managing for the future (August 28, 2017)

When a top automotive company was looking for a way to decrease costs and increase loads hauled, Landstar customized a solution. (August 24, 2017)










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