Subscribe to our free, weekly email newsletter!


ACT reports Class 8 backlogs are at highest level since July

By Staff
February 23, 2012

Data released this week by ACT Research, a provider of data and analysis for trucks and other commercial vehicles, indicated that amid an ongoing strong build, a strong and growing order level led to a backlog in January Class 8 truck orders to 125,000 units, representing its highest backlog volume since July 2012.

ACT officials said that this level of cancellations, build, and order are in line with expectations.

“The Class 8 build rate fell back to the prevailing trend in January at 1,253 units per day, following the rush to build and deliver units into the end of 2011,” said Kenny Vieth, president and senior analyst at ACT, in a statement. “Concerning orders, almost half of orders booked in January are scheduled to be built in the first half of the year.”

In a recent interview with LM, Vieth said there was a nice run-up in 2010 backlogs on the trailers side, with orders being placed that go into backlog and then get built. And in 2011, he explained that there were more orders than build, indicating that backlogs ended 2011 at a higher level than 2010.

Due to this dynamic, he said that it is likely that demand will remain strong on 2012 because of a high level of orders to backlogs and a low level of cancellations.

Subscribe to Logistics Management magazine

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your
entire logistics operation.
Start your FREE subscription today!

Recent Entries

The 'Internet of Things' or IoT is a term that has rapidly taken center stage in business and consumer technology circles, with tremendous amounts of hype in both. Don't be distracted if some of the hypothetical consumer examples of the IoT seem far-fetched; the trend has serious implications for businesses. This complimentary whitepaper takes a look at some of the opportunities afforded by the Internet of Business Things.

Of special interest to readers of Logistics Management will be “Americas Update,” which will look into the future of the market in the Americas and assess how firms will be able to favorably position themselves to compete and win market share.

After 20 years, two congressional mandates and countless lawsuits and lobbying efforts, safety advocates and the Teamsters union still say there are too many inexperienced rookie truck drivers hitting the road without sufficient behind-the-wheel training.

Congested U.S. port terminals, harbor and over-the-road truck and driver shortages, slower trains and longer rail terminal dwell times due to increased domestic rates have not only disrupted service but also driven intermodal rates and cargo handling costs up sharply.

Southern California shippers are getting a break on container dwell expenses for the next ten days as the Port of Long Beach announced that it had added an extra three days to the time that overseas import containers can remain on the docks without charge.

Comments

Post a comment
Commenting is not available in this channel entry.


© Copyright 2013 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA