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FTR Shippers Conditions Index for March Improves
Bloomington, IN (May 14, 2013) FTR Associates’ Shippers Conditions Index (SCI) for March eased from February’s level of -9.5 reading to a current reading of -7.3, indicating a slightly improved but still negative environment for shippers.
| FTR's Trucking Conditions Index For March Continues Favorable Trend
Bloomington, IN (May 10, 2013) FTR's Trucking Conditions Index (TCI) for March as reported in the May 2013 Trucking Update reflected improvement in an already favorable environment for trucking with an additional increase to a reading of 13.12. The TCI is designed to summarize a full collection of industry metrics, with a reading above zero indicating a generally positive environment for truckers. Readings above 10, as they are now, signal that volumes, prices, and margins are likely to be in a solidly favorable range for trucking companies.
| FTR Reports a Rebound in Class 8 Orders for April
Bloomington, IN (May 2, 2013) FTR Associates has released preliminary data showing April Class 8 truck net orders at 23,026, 6% above March numbers. Orders for Class 8 trucks have now been above 20,000 for five consecutive months with April orders 37% improved from a year ago. Even with the one month dip in March orders, the last three months annualize to 270,400 units. Preliminary order numbers are for all major North American OEMs.
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| FTR Consulting Group - Profiles |
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Noël Perry
Managing Director & Senior Consultant
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Noël Perry is the rare economist to specialize in transportation and logistics. Noël has followed his passionate interest in the way freight moves over a forty-year career, beginning on a loading dock and culminating in his role as a leading industry consultant. In private practice Noël continues his strategic work on customer logistics economics, North American transportation demand, carrier competition and ground-breaking research on truck driver supply and demand. His innovative work in freight demand modeling, modal price competition and driver labor economics are in wide-spread use. He also maintains his extensive relations with the logistics analysis community, from security analysts to analytical vendors to trade associations.
Before founding Transport Fundamentals Noël served for thirty years in senior research positions at Schneider National, Cummins Engine Company and CSX. That gives him a uniquely broad perspective on the market, covering three modes: rail, truck, barge and the supplier sector. Frequently published, he is a member of the Transportation Research Board, the Transportation Research Forum, the National Business Economists’ Issues Council, the Council Of Logistics Management and, in his spare time, the Society For American Baseball Research.
Noël holds degrees in Architecture from the University Of Pennsylvania and City Planning from Harvard University and is a graduate of Girard College, a unique primary and secondary school in Philadelphia. He was a veteran of the Viet Nam war. In his spare time he is a gardener, singer, golfer and amateur World War II historian. He and his wife, Ginny, live in Pennsylvania.
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