Posted on 15 January 2010 by Mryan
Four of the Federal Reserve’s 12 districts, including Atlanta, Cleveland, Dallas an Richmond, reported improved transportation activity for the period between mid-November and early January. Though its latest “beige book” reports that though the transportation sector is improving, economic activity remained low. Compiled eight times a year, beige book reports are based Continue Reading
Posted on 07 January 2010 by Mryan
With fuel economy, weight and cost being ever-important concerns, truck OEMs stay hard at work in developing fuel-efficient solutions while complying with the latest regulations. The new SCR, or selective catalytic reduction, technology to meet 2010 federal emissions standards will do just that. And, though it carries Continue Reading
Posted on 17 December 2009 by Mryan
The economy will pick up in 2010, but not until late next year, according to the top leaders at a national truck dealership chain. Even then, Rush Enterprises executives say the recovery will be slow but steady. A number of things are preventing the economy to improve, including restricted access to credit, over-capacity Continue Reading
Posted on 08 December 2009 by Mryan
Despite the encouraging looks of trailer order increases, analysts say overall production is still down. October indicated an 80 percent jump in commercial trailer orders from September and a 124 percent increase from October last year. According to ATR Research Co., 70,000 semi trailers are expected to be built in 2009, increasing only to Continue Reading
Posted on 17 November 2009 by Mryan
Preliminary data on Class 8 truck orders for October from FTR Associates indicates a resurgence of purchasing activity. Net orders totalled more than 21,000 last month, a 104 percent increase over September and a 117 percent year-over-year gain. FTR analysts surmise that the growth comes from filling Continue Reading
Posted on 11 November 2009 by Mryan
A boost in Class 8 truck orders in October unfortunately doesn’t translate into fleets’ intentions to purchase new trailers, according to the latest FSR Equipment Buying Index produced by CK Commercial Vehicle Research. The 4th quarter survey indicated a double-digit drop in purchasing intentions from the previous quarter, mostly due to Continue Reading
Posted on 03 November 2009 by Mryan
Boosted by the government’s “cash for clunkers” automobile program, the U.S. economy expanded 3.5 percent for the first increase in a year, according to the Commerce Department. Durable goods purchases, which include autos, jumped 22 percent. Excluding auto sales, production and inventories, the economy expanded Continue Reading
Posted on 06 October 2009 by Mryan
The latest report from ACT Research indicates that while trailer demand is no longer contracting, it’s too soon to celebrate recovery, according to the firm’s analysts. August data showed gains in net orders of commercial trailers, but those numbers are 35 percent below the same period last year. Though July and August tend to be months of lower activity historically, analysts were hopeful that Continue Reading
Posted on 30 September 2009 by Mryan
Despite the modest growth in Class 8 truck orders in North America, sales are down 30 percent year-over-year, according to the latest report from ACT Research on the State of the Industry. August orders posted a 15 percent increase over July. Medium-duty numbers were 75 percent higher than last year, largely driven by the demand for buses. Though there was a Continue Reading
Posted on 28 September 2009 by Mryan
The Alberta goverment is pushing to phase out trailers manufacturered pre-1993, but with the number of older trailers in service coupled with a sluggish economy, one lobby group is hoping to defer the enforcement date. The mandate now would require a reduction in a pre-1993 trailer’s GVW by 1,000 kg each year for three years. The province hoped Continue Reading