As the economic situation evolves, unbiased and actionable intelligence is more important than ever. 

This page is your go-to resource for transportation insights and expert commentary on how COVID-19 prevention steps are affecting the economy and transportation markets. FTR will be focusing the work of its team of experts and the Freight•cast™ forecasting model to inform and guide transportation professionals and its clients. Check this space frequently for reports, webinars, forecasts, commentary, and all intelligence that is available for you to navigate these difficult times. 

 

✳️ All content listed on this page is complimentary.

This page will be updated regularly with the latest intelligence that we are able to provide. As information becomes outdated, we will archive items so that this page remains relevant. In addition to the information on this page, FTR provides a comprehensive suite of products and services for transportation professionals. Click here to view samples and more information for the additional reports available to you.

 

March 26

Weekly Transportation Update

This content is relevant for: Rail, Trucking, Shipping, Equipment, and Freight Focused Professionals

Weekly Jobless Claims [FTR]

Unemployment claims soar as Congress strives for a $2 trillion financial rescue.

  • FTR lowered its forecasts on GDP, freight, and equipment.
  • Financial support from Washington would not materially change our Q2 forecasts.
  • Truck spot freight remains strained due to restocking and disruption.
  • Download the PDF for our complete analysis.

Click here to download the PDF for our complete analysis.>

 

 

March 26

Ask The Expert Webinar | COVID-19 Update

This content is relevant for: Rail, Trucking, Shipping, Equipment, and Freight Focused Professionals

Presenters: Avery Vise, Todd Tranausky, Don Ake, Clay Slaughter

Moderator: Eric Starks

Description: This Ask the Expert webinar reviewed the current state of the freight markets and gave FTR Client's an opportunity to ask the FTR Experts specific questions about their business. The FTR Experts were able to provide a comprehensive overview with perspectives from all surface modes of transportation. Additionally, the Q&A section covered many important topics and commentary over recent policy changes and economic events. As this is a rapidly evolving situation, this webinar provided the latest information that we have.

 

Click here to download the PDF for this webinar. >

 

March 25

Podcast | Trucking Market Update

This content is relevant for: Trucking, Shipping, and Freight Focused Professionals

Trucking Market Update on the State of Freight Podcast

 

 

March 25

Podcast | Rail Market Update

This content is relevant for: Rail, Shipping, Equipment, and Freight Focused Professionals

Rail Market Update on the State of Freight Podcast

 

 

March 23

Flash Update | Recession Outlook

This content is relevant for: Rail, Trucking, Shipping, Equipment, and Freight Focused Professionals

Real GDP from the Recession Outlook

Economic forecast moves sharply lower as many downside risks are already in effect.

  • GDP is now forecast to show a double-digit loss during Q2; recovery could begin in Q3 and strengthen in Q4.
  • Downside risks still are twice as likely as upside risks.
  • FTR forecasts sharp drops in GDP Goods Transport Sector and Industrial Production. 

The speed at which the novel coronavirus (COVID-19) is shutting down routine commerce has been dizzying. When FTR issued a recession forecast just a week ago, we identified major downside risks in terms of employment and related damage to output and consumption. FTR has been continually revisiting its forecasts during this time, and we now expect a severe drop in GDP in Q2.

Click here to download the PDF for our complete analysis. >

 

March 23

Flash Update | Freight Outlook

This content is relevant for: Rail, Trucking, Shipping, Equipment, and Freight Focused Professionals

Total US Freight Tonmiles from the Freight Outlook

All sectors of transportation will feel dramatic effects from the coronavirus shutdowns

  • The positive effects of restocking grocery stores and distribution centers on dry van and reefer markets are likely to slow substantially in the next two to three weeks.
  • Industrial-focus trucking segments are already starting to see the effects of constrained commerce.
  • Intermodal will face additional challenges from the newly loosened truck market over the balance of 2020.
  • Nearly every carload sector will feel dramatic repercussions from the coronavirus.

The freight market, across all modes and segments, is expected to be substantially weaker than previously forecast because of the restrictions on economic activity put in place in the U.S. and across the globe. As a result of these restrictions and the resulting decline in consumer confidence, FTR expects 2020 volume and rate declines across most segments.

Click here to download the PDF for our complete analysis. >

 

March 23

Flash Update | CV Equipment Outlook

This content is relevant for: Trucking, and Equipment Focused Professionals

Total Truck Utilization from the CV Equipment Outlook

A sharp economic contraction will slam CV production.

  • Total truck loadings are forecast to drop 4% in 2020, and weak utilization will hurt freight rates.
  • FTR’s revised North American Class 8 shipment forecast is 150,000 units for 2020.
  • The revised U.S. trailer production forecast is 155,000 units for 2020. 

The severe economic impact of measures taken in response to the novel coronavirus (COVID-19) pandemic will have a severe impact on the commercial equipment industry. Demand for new trucks and trailers is expected to be extremely low during the crisis period. There is tremendous economic uncertainty and fear, the intensity of which has not been present since the Great Recession. There is extreme economic risk to buying new equipment at this time. Fleets that were planning to purchase new equipment likely will wait out the crisis before placing orders.

Click here to download the PDF for our complete analysis.>

 

March 24

Flash Update | Rail Equipment Outlook

This content is relevant for: Rail and Equipment Focused Professionals

Railcar Utilization from the Rail Equipment Outlook

Rail equipment is in for an extended downturn

  • Energy, intermodal, and automotive freight are all taking a significant hit to demand right now.
  • Utilization of the fleet was already at depressed levels and will sink even further to sub-60%.
  • FTR’s new North American deliveries forecast is for just 23,200 units in 2020.

The reduced economic outlook and its impact on rail freight will trickle through into the rail equipment markets that were already under pressure before the novel coronavirus (COVID-19) crisis emerged. It is now likely that utilization will slip toward 60% (or even below it), leading to a significant slowdown in orders across all car types and further reducing delivery expectations.

Click here to download the PDF for our complete analysis. >

 


EricStarks_400px

Eric Starks

Chairman & CEO

FTR's priority during these uncertain times is to leverage our expert analysis and the Freight•cast™ model to help our clients understand how the coronavirus crisis will affect their businesses. Visit this page often as we provide updates and resources for navigating these trying times. While we are providing much of this information to the public, we continue to provide greater and more detailed information in the standard products and services that are available only to FTR clients. Contact us to learn how you can get the transportation intelligence you need.