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Tag: ftr2016
Business
Vehicle automation to dramatically change trucking landscape in the coming decades, forecaster says
“The last major change we had was deregulation,” he said. “And it had only a fraction of the power of this one. It eliminated almost all of the carriers in business at the time. A few came through, but not many. This change is even larger.”
September 19, 2016
Business
Used truck market to see flood of supply in coming years, prices expected to fall
“Used truck supply goes a long way in determining the environment” for pricing, said Arrow Truck Sales President Steve Clough. “The supply of used trucks has already been determined based on what was retailed 3, 4 and 5 years ago. That’s a wall of inventory that’s coming.”
September 19, 2016
Business
Court seems to lean toward keeping ELD mandate in place, trucking attorney says
“The [three-judge] panel was very suspect of the arguments that OOIDA was making and seemed to be much more in favor of the attorneys of the agency,” Scopelitis attorney Tim Wiseman said of the oral arguments made in the 7th Circuit Court of Appeals on Sept. 13. OOIDA filed a suit this year seeking to overturn the agency’s ELD mandate.
September 16, 2016
Business
Navistar CEO Troy Clarke lays out vision for trucking’s future in address at FTR
By the year 2035, the U.S. will have 35 mega-cities connected by major freeways on which tractor-trailers operate in a self-driving autopilot mode, according to the vision offered by Navistar International President and CEO Troy Clarke at the 2016 FTR Conference on Sept. 15.
September 15, 2016
Business
Capacity crisis, rate boom likely in the coming year, experts say
The regulatory swath barreling toward the trucking industry — highlighted by electronic logging devices and greenhouse gas emissions standards — combined with likely increases in fuel costs and an uptick in freight could push the trucking industry into a full-fledged capacity crisis as soon as late next year, says FTR economist Noel Perry.
September 14, 2016
Business
Carriers need to plan for potential global recession, transpo economists say
Despite strong headwinds from various sources, the U.S. economy continues to grow slowly, but carriers need to have a plan in place for the coming years should the economy reverse course and dip into a recession. That was the message from two transportation economists Wednesday at the 2016 FTR Conference, ongoing this week in Indianapolis, Ind.
September 14, 2016
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