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…
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…
Heavy Duty Market Acknowledges Air Disc Brakes Have Arrived
2018-03-10T06:55:25+00:00In less than 3 years, air disc brakes (ADB) penetration in heavy-duty applications has grown from a range of 12 -15% to about 18-25%. This is strong growth for what’s still a relatively new option, but many of the brake makers see ADBs carving out an even larger slice of the pie in the near…