The high-expectations for orders in the Class 8 market have leveled out to a more modest strength, November booking less than October by 4400 units. Medium duty markets as well showing weakness in demand, caused by lower orders, falling backlogs and overstocked inventories. Trailer supply has nearly caught up with trailer demand, sending ordering levels into a flat…
Tariff, Tariff and More Tariff???
2018-11-10T06:46:28+00:00Three significant issues for the next few months are: Whether the Fed will tighten for the fourth time this year at the Federal Open Market Committee (FOMC) meeting, and how hawkish it sounds How aggressively President Trump pursues his trade war agenda The amount that China will invest to stimulate its economy. $175 billion has…
Industry Update (Fall 2018) – Trucking Market Continues Upwards
2018-10-08T06:42:00+00:00Reports heralded the positive economic indicators for September 2018, but trade war, tariffs and rising prices are significant concerns. A closely watched survey on U.S. consumer sentiment hit a high range in September achieved only two other times since 2004. A recent study indicated that the rate of manufacturing growth in the U.S. slowed last…
Steel Shell (Composite) Brake Drum: Breakthrough in Pricing
2018-09-20T06:39:05+00:00Meritor X30 and Stemco’s CentriFuse brake drums for long have successfully dominated the centrifugally cast brake surface inside a steel shell. It has been a patented technology which blocked new entrants. Now that the relevant patent(s) have expired there is a rush to produce these drums. DuraBrake has recently introduced a new lightweight steel shell…
Heavy Duty Industry Update (Spring 2018) – Trucking Going Strong
2018-04-20T06:52:18+00:00Several conflicting political and economic news from super economic powers and others are in headlines. On the global front, there is good news and bad political news such as encouraging news from the Korean peninsula and sad news of chemical warfare in the Syrian front. Business environment continues to be positive in the US. A Commerce…