Tag: ftr 2019

Business
Shippers look to avoid a repeat of 2018
Shippers in the past year have tried to put into place structural changes in their operations to avoid being hit like they were in 2018. Read all about this.
September 13, 2019
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Business
FTR ‘optimistic’ about truck orders after paltry 2019
“We were abnormally high, and now we’re abnormally low,” said Don Ake, vice president of commercial vehicles for FTR, speaking at the 2019 FTR Transportation Conference on Wednesday. But averaging the two years together, order numbers are still above the seven-year average, he says. “It’s not a crash. [It’s] trying to recover to some sort of normal level.”
September 12, 2019
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Business
Despite uncertainty, trucking’s ‘in a holding pattern’ as economic growth slugs on
Takeaways from economists and trucking analysts at the 2019 FTR Conference: Economic growth has certainly slowed, but there’s little risk of a recession. Conditions for trucking, though no longer benefitting from a stark supply/demand imbalance that caused a rates boom in 2017 and 2018, are still strong, despite the market correction.
September 12, 2019
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Business
Economist: Trucking has a turnover problem, not a driver shortage
Indeed, there’s a large issue of driver turnover, said economist Kristen Monaco. And there’s plenty of anecdotal evidence of carriers struggling to fill seats. But that doesn’t mean there’s a labor shortage, Monaco argues. What’s largely perceived as a labor shortage is in fact a retention issue, with heavy recruiting efforts by fleets contributing to the persistently high turnover rates.
September 11, 2019
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