HDT Fact Book: Equipment
Truck demand has remained positive for nearly the whole recovery so far. Despite this, the industry will still remain significantly below the level seen in the prior peak. Source: FTR
2013 retail sales showed a marked improvement over 2009, with Class 6 and 8 sales jumping by almost 80%. Source: Ward’s Communications
Throughout 2013 new truck orders remained quite strong and surged at the end of the year. But, they remained well below the levels seen in 2004-2006. Source: FTR
Source: ATA American Trucking Trends 2014
The current strength of the market is big fleets, which have been on the decline for the past two years after peaking in 2011. Source: IHS/Polk
For the last two years, private fleets stretched out their heavy-duty equipment trade cycles to 8.8 years and 833,300 miles reported last year and the historic highs of 9.1 years and 903,888 miles posted two years ago. Source: National Private Truck Council 2013 Benchmarking Survey
Total new trailer registrations are down slightly the first five months of 2014 compared to the first five months of the 2013 calendar year. Source: IHS/Polk
Source: ACT Research