* Indiana - FTR: Tight capacity still expected for second half of 2016
-- Consulting firm FTR noted that its Trucking Conditions Index (TCI) measure for November jumped by more than three points to 8.64, which indicates trucking companies may expect more “favorable conditions” to develop as 2016 progresses... On top of that, FTR noted that net trailer orders declined significantly in December – though it added such a decline “was expected” after two of the “strongest trailer order months in history,” said Don Ake, FTR’s VP of commercial vehicles, in a statement... Back on the broader trucking front, FTR expects concern over tight capacity to grow among shippers in the second half of 2016, though there are downside risks for motor carriers if freight fails to grow as expected due to weak industrial output... In terms of trailers, FTR noted that net orders for December declined to 25,500 units, with total orders for 2015 reaching 313,000 units. Though December trailer orders were down considerably – falling 35% month-over-month and 43% year-over-year – the numbers “met expectations,” said FTR’s Ake...
Bloomington, IND, USA - Fleet Owner - Jan 18, 2016Labels: trailer markets, trucking markets prognosis
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