Nashville, IN (November 02, 2009) The recovery has begun according to the latest issue of The North American Commercial Truck and Trailer Outlook published by FTR Associates, but any significant freight growth is not expected until 2010 with increased orders for equipment to follow later in the year.
FOR IMMEDIATE RELEASE
Nashville, IN (November 2, 2009) The recovery has begun according to the latest issue of The North American Commercial Truck and Trailer Outlook published by FTR Associates, but the transportation industry forecast company warns that any significant freight growth is not expected until 2010 with increased orders for equipment to follow later in the year. Eric Starks, President of FTR remarks that “After a spurt in August due to government stimulus, the economy has settled into the slow, uneven movement typical of recession bottoms. We are cautious about forecasting any near-term major improvements for freight companies and their suppliers. Unprecedented excess capacity created by a record freight drop from 2006 to 2009 will put a drag on equipment sales well into 2010 and possibly into 2011. In fact, we have slightly reduced our Class 8 equipment forecast for 2010.”
The full North American Commercial Truck & Trailer Outlook report is available to subscribers. In addition to FTR’s regular freight, equipment, trucking environment and economic forecasts, the current issue contains commentary covering its annual freight tonnage update and calibration. For more information, please contact Helen Lile at email@example.com or 1-888-988-1699 ext 45 for more details.
FTR Associates, located in Nashville, IN has been a leader in transportation forecasting for over 20 years. The company's U.S. Freight Model collects and analyzes all data likely to impact freight movement and is based on specific characteristics for over 200 commodity groups. FTR Associates' forecast reports cover trucking and rail transportation and include demand analysis for commercial vehicle as well as railcar. Specially designed reports are offered to participants in both industries to cover specific needs. For more information about the work of FTR Associates, visit www.ftrassociates.com or call Helen Lile at 888-988-1699 Ext. 45.
For More Information Contact:
Chris Kemmer, Consultant
CK Marketing & Communications
888-988-1699 – Ext. 45