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Coronavirus: Assessing the Global and Domestic Threat The coronavirus is a growing threat to the fragile Chinese and global economies. Although we cannot know exactly how the virus’s effects will pan out, the macroeconomic impact will not be insignificant. In this commentary from FTR, we offer insight into how the virus may affect the North American transportation markets. |
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Understanding EDD (Economically Derived Demand) Economically Derived Demand, or EDD, is a metric that allows you to view and understand the amount of equipment needed to support freight movements in a given year. Developed by FTR, this measurement breaks down demand for equipment into two unique categories; The replacement of current equipment and the amount of freight being put into the system. The end result is a tool that accurately portrays the underlying pressures on the system so that you can plan ahead. |
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Conditions Indices & Equipment Orders |
FTR Trucking Conditions Index Takes Bump Up in December |
FTR's Shippers Conditions Index Slips in December to a 4.6 Reading |
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FTR’s Shippers Conditions Index for December slipped to 4.6 from its November reading of 7.0. While not as strong as November, utilization and logistics costs remained positive factors, with December freight volume slightly negative. The only input to the SCI more positive in December versus November was fuel costs. The feared impact of IMO 2020 on fuel costs has not yet materialized. Diesel prices at the beginning of February were the lowest in more than two years. |
FTR Reports Trailer Orders for January Basically Unchanged from December at 16,600 Units |
FTR Reports North American Class 8 Orders for January at 17,700 Units
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FTR reports preliminary North American Class 8 orders for January at 17,700 units, following a consistent trend over the last four months when orders have averaged 19,000 trucks. The January total, -10% m/m and +12% y/y, suggests fleets are ordering only the equipment they are sure they need in the short term. FTR expects Class 8 orders to remain in this narrow range through the first quarter of the year. Class 8 orders for the past 12 months have now totaled 181,000 units. |
Latest Industry News with Intelligence from FTR |
