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

Seasonally-adjusted (SA) for-hire truck tonnage in March was up 1.1 percent on the heels of a revised 2.8 percent (from 3.1 percent) February decline, with the SA index at 133.5 (2000=100). This is off 0.3 percent from the all-time high for the SA of 135.8 from January 2015 and is up 5 percent annually.

Intermodal volume was up 8.1 percent annually at 280,016 containers and trailers. This outpaced the week ending April 11 at 270,463 and the week ending April 4 at 271,127. AAR said this tally marks the second highest weekly output it has ever recorded as well as the first time container and trailer traffic was higher than carloads for a one-week period.

Ocean cargo carrier service reliability across the three core East-West trades hit a five-month peak in March with an aggregate on-time performance of 64 percent, according to Carrier Performance Insight, the online schedule reliability tool provided by Drewry Supply Chain Advisors.

The Airforwarders Association, which represents more than 360 companies that move air cargo through the supply chain, today applauded an agreement reached by Congressional leaders to advance legislation giving the President authority to conclude key global trade agreements.

Despite great opportunity for growth, the logistics market in Latin America is lagging behind other emerging markets thanks in part to its notoriety for corruption, violence, poor infrastructure and government bureaucracy.

Article Topics

Features · Management Update · All topics

Comments

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


© Copyright 2015 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA