Heavy Duty Trucking, August 2018
HDT AUGUST 2018 52 WWW TRUCKINGINFO COM FTR Trucking Conditions Index TCI FTR Truck Demand Index FTR Truck Utilization Rate Active Trucks The TCI shows that conditions started 2017 on a positive note but they weakened during Q3 before surging in Q4 as the market responded to tightening conditions After seeing a weak market during 2015 and 2016 demand for trucking services was on the upswing in 2017 By the end of the year trucking was running quite hot Truck utilization in 2017 started the year off strong and only tightened from there By the end of the year if a trucker wanted to move freight he she had their choice of freight to move 2000 100 95 90 85 80 110 105 100 95 90 85 80 1500 1000 500 000 500 1000 1500 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 0 5000 10000 15000 20000 25000 30000 35000 0 2 4 6 8 10 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 2000 100 2000 100 95 90 85 80 110 105 100 95 90 85 80 1500 1000 500 000 500 1000 1500 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 0 5000 10000 15000 20000 25000 30000 35000 0 2 4 6 8 10 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 2000 100 100 95 90 85 80 2011 2012 2013 2014 2015 2016 2017 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 30000 35000 0 2 4 6 8 10 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC NEW TRUCK ORDER ACTIVITY Y Y CHANGE SOURCE FTR SOURCE FTR SOURCE FTR Percent of Total Weight of Freight Moved by Mode 2015 vs 2045 Note North American Free Trade Agreement NAFTA refers to U S trade with Canada and Mexico aExport weights for land modes are estimated by the Bureau of Transportation Statistics using value to weight ratios derived from import data Includes mail order unknown and shipments through Foreign Trade Zones 2015 2045 Truck 5851 Water 757 Multiple Modes 434 Air 015 Rail 1169 Pipeline 1763 Other 012 1850 018 749 060 492 891 Truck 5994 U S NAFTA Merchandise Freight Trade by Mode 2016 0 10 20 30 40 50 60 70 80 65 26 Truck a Water Pipeline a Other ab Air Rail a 15 20 5 24 4 01 5 26 5 4 VALUE WEIGHT INDUSTRY SOURCE BUREAU OF TRANSPORTATION STATISTICS SOURCE U S DEPARTMENT OF TRANSPORTATION BUREAU OF TRANSPORTATION STATISTICS AVAILABLE AT WWW BTS GOV AS OF MAY 2017
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