Subscribe to our free, weekly email newsletter!


Class 8 vehicle production to pick up.


May 19, 2010

Class 8 vehicle production to pick up. Amidst signs of an improving trucking market, recent data from ACT Research Co., a publisher of North American industry data and forecasting services for trucks and commercial vehicles, indicates that Class 8 vehicle production is expected to grow 14 percent year-over-year in 2010 and then hit a 72 percent annual growth rate in 2011. ACT partner and senior analyst Kenny Vieth said that while improving trends in trucking are a key component of improving commercial vehicle demand, the transition to new EPA 2010 engines will impact the timing of new order and production ramp ups. And with production of trucks with pre-mandate engines continuing into the second quarter, ACT now projects that the trough for heavy-duty truck build will occur in the third quarter before picking up in the fourth quarter of 2010.

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

LM recently spoke with recently spoke with Wall Street analyst John Larkin to get some of his insights as we approach the halfway point of 2013, or at least get a little closer to it.

Carload volume—at 285,679—was up 1.9 percent annually, and intermodal—at 250,159 trailers and containers—was up 3.5 percent

At yesterday’s Senate Commerce Committee hearing on the recently announced nomination of Charlotte, North Carolina Mayor Anthony Foxx to be Secretary of Transportation, the nominee laid out some key components of his agenda if he is confirmed.

Supply chain consultancy Armstrong & Associates said this week that total United States 2012 third-party logistics (3PL) gross revenue—at $141.8 billion—were up 6 percent over 2011.

Company officials said that CEVA’s quarterly results were impacted by various factors, including: overall soft global logistics markets; loss of airfreight volume with some business switching to ocean transport; exposure to Eurozone markets; and underperforming Contract Logistics contracts.

Article Topics

Features · Management Update · All topics

Comments

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


© Copyright 2012 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA