There are plenty of conflicting data points on the direction of the economy, which might suggest that everything may be just fine in the near term.
Truck trailer orders dropped for the third straight month in February.
Nothing is certain except death and taxes. And, apparently, vehicle recalls.
January new truck orders have fallen 26 percent from December, continuing a trend that has developed after record-breaking months last year.
Used truck pricing and volumes posted big gains in 2018 as a combination of factors, including a booming economy and limited availability of new trucks played a role.
The numbers year-on-year are still way up, but there’s been a definite sign of some slowdown.
How much of the strength is pre-tariff purchases? How much of the talk of weakness is “on the other hand” economics?
Deutsche Post DHL Group (XETRA: DPW) has taken a new approach to recruiting driving in Europe: offering to rotate them out of driving roles. Following a record-setting September, fleets continued to order trailers at near-record rates in October.
If the trucking market is nearing a peak, it isn’t showing up in the order books of truck OEMs.
North American Class 8 net orders came in around 42,800 units in September, falling 19 percent from August’s 53,069 units, according to preliminary data released by ACT Research.
