Truck industry capacity likely to stay tight

July 1, 2006
According to research firm FTR Associates, truck industry capacity is expected to remain tight through 2006 and 2007. Continued strength in manufacturing

According to research firm FTR Associates, truck industry capacity is expected to remain tight through 2006 and 2007. Continued strength in manufacturing and freight-producing sectors of the economy has led to strong truck use.

United States Class 8 capacity in use has exceeded 90% over the past nine quarters while historically averaging 88%. FTR forecasts total ton-miles to grow 2.1% in 2006 with the modal share for trucks expected to increase to 44.8% in 2006 and 45.3% in 2007.

More details about truck capacity utilization, the labor situation, and other trends are available through a new publication jointly offered by FTR and Informa Economics Inc. A sample issue of the Transportation, Logistics and Fuel Report and the Weekly Fuel Monitor Service can be obtained by accessing www.informaecon.com/transportation, or for more information, phone Doug Starks at 888-988-1699, ext 45.

Sponsored Recommendations

Way Beyond Weight: 5 Ways Truck Weights Affect Fleet Operations

Truck weights affect everything from highway safety and operational costs to back-office efficiency. Here’s how.

Heavy-Duty Maintenance Checklist

A maintenance checklist can help ensure you hit everything necessary during an inspection. Check out our free downloadable checklist to help streamline your repairs.

Five Ways a Little Data Can Save Your Company Millions

While most trucking and logistics companies rely on cellular to keep their work fleet connected, satellite has the ability to connect anywhere and through small data transmission...

Fleet Case Study: 15% YOY Growth for ITDS

Learn how this small trucking company scaled significantly and maintained outstanding customer service without adding additional people. Sylectus TMS can automate operations and...

Voice your opinion!

To join the conversation, and become an exclusive member of FleetOwner, create an account today!