
INDIANAPOLIS -- As we continue to see mixed signals from the short-term economy, many are suffering from "stable environment anxiety," said Eric Starks, president of FTR Transportation Intelligence, in a commercial vehicle market update during FTR's Transportation Conference this week in Indianapolis.
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Sixty-five percent of the fleet executives that responded to the Q3 2013 Fleet Sentiment survey conducted by CK Commercial Vehicle Research in late July indicated they planned to place orders for Class 8 trucks in the next three months. This is an increase from the 53% that responded affirmatively during the Q2 survey in April.
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Although commercial vehicle orders slipped month over month in June, there was still good news to be had, with heavy-duty retail sales at a nine-month high when seasonally adjusted.
Read More →ACT Research said Class 8 vehicle orders in April stayed above 20,000 units for a seventh consecutive month. This total is the second highest volume of orders in 16 months, ACT stated.
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Class 8 orders rose above 20,000 units for a sixth consecutive month in March, but fell sequentially for the first time since November, says ACT Research. However, cancellations fell to their lowest levels since Q3’10 for the second time in the past three months.
Read More →Preliminary numbers for March show Class 8 truck orders dropped slightly from February, but analysts are not concerned by when they see as a temporary dip.
Read More →Three separate new reports paint a picture of healthy new heavy truck sales and an improving used-truck market, but a market for trailers that is still relatively weak.
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Daimler Trucks North America announced it is laying off only half of the staff previously announced, on the heels of a strong first quarter and improving economic signals.
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Two separate reports show orders for new commercial trucks in North America were good through the first two months of the year.
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Drew Linn, president of Birmingham, Ala.-based Southland International Trucks, has been named the 2013 Truck Dealer of the Year. The national award, co-sponsored by the American Truck Dealers association and Heavy Duty Trucking magazine, focuses on excellence in dealership performance, as well as industry and community leadership.
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