Second Quarter Truck Registrations Highest In 7 Years
New registrations in the U.S. for Class 3 through Class 8 vehicles for the first half of 2014 totaled 310,718, an increase of 12.3% over the first half of 2013, according to a new report from Polk / IHS.
New registrations in the U.S. for Class 3 through Class 8 vehicles for the first half of 2014 totaled 310,718, an increase of 12.3% over the first half of 2013, according to a new report from vehicle industry data provider IHS Automotive.
For the same period, Class 8 vehicles were up 16.7%
The first half results were driven by a strong second quarter, with new registrations in the April through June period of 163,106 units, representing an increase of 13% from the same quarter in the 2013 calendar year, according to the report.
Second quarter new registrations were the best since the second quarter of 2007.
"Importantly, not only were new registrations in the second quarter up over the same period last year, they also increased 10.4% from the level of new registrations reported during the first quarter of the 2014 calendar year," says the report.
The numbers are significant, says the report, because it's the first indication that the high level of orders and production have resulted in an increase in the movement of vehicles to the end customer.
The increase in Class 8 registrations was driven by fleets with 500 or more trucks, up 22% in the second quarter of the year from the same time in 2013. These large fleets accounted for a little more than a third of all new Class 8 registrations during the second quarter.
Freightliner had the biggest share of new registrations in Class 8 with 33.5%, followed by Kenworth with 14.1% share and Peterbilt with 13% share. In the first six months of the year, each of the six major brands had a year-over-year increase, ranging from a high of 33.4% for Volvo to a low of 11.8% for Peterbilt.
New Class 3 through Class 8 registrations in Canada totaled 39,412 in the first half of the 2014, down 3% from the same period in 2013 and 7% lower than the record level achieved during the period in the 2012 calendar year. The decline in new registrations north of the border was described as “broad based,” with only Class 5 new registrations above the level achieved during the first half of the 2013 calendar year.
More Equipment
Atlas Expands Kodiak Driverless Truck Fleet in Permian Basin
Atlas Energy Solutions is expanding autonomous frac sand hauling in the Permian Basin with a second load-out location and plans for 100 driverless trucks by mid-2027.
Read More →
Putting Mack’s Command Steer to the Test
A test drive of Mack’s Command Steer active steering system evaluates how it can make truck driving easier and less tiring.
Read More →
Mack, Volvo Expand DEF Derate Software Updates
The updated software gives Mack and Volvo truck owners more time to address DEF-related issues before the engine derates or the vehicle goes into reduced-speed inducement, following new EPA guidance.
Read More →
Rush, MCT Team Up to Grow Refrigeration Service Network
The joint venture will operate MCT's network of Carrier Transicold dealerships and mobile service locations, with the companies promising greater service capacity and uptime for refrigerated fleets.
Read More →
Cummins Adjusts 2027 Engine Rollout After EPA Proposal
The engine maker will gradually introduce its new Model Year 2027 diesel engines while continuing to offer current models during the transition, citing the EPA's proposed emissions rule changes.
Read More →
Aurora Rolls Out Next Generation of Driverless Trucks for Commercial Freight
Aurora's latest autonomous trucks it's rolling out with International feature lower-cost hardware designed for a million miles as the company expands commercial driverless freight operations across the U.S. Sun Belt.
Read More →
Peterbilt 589 Spotlight: A Close Look at a Custom Working Truck [Video]
There's more to this customized Peterbilt Model 589 and Great Dane refrigerated trailer than chrome and stainless (although there's plenty of that too!) A veteran driver explains the design choices and practical features behind this working truck.
Read More →
Continental Expands Retread Lineup With New ContiTread HDL 5 EP
New long-haul drive retread is designed to improve fuel efficiency, extend tread life, and lower fleets' cost per mile.
Read More →
EPA Proposal Could Ease 2027 Truck Costs and Buying Uncertainty
The proposal doesn't change the tougher NOx standard, but it would revise key implementation requirements that manufacturers say have driven up costs and complicated fleet purchasing decisions.
Read More →
Cummins, Paccar Ease DEF Derates After EPA Guidance
Updated diesel engine software gives truck operators more time to address emissions-system issues while staying compliant with EPA emissions standards.
Read More →