PROGNOSIS * USA - Mini class-8 surge to fall after New Years
Nashville,IND,USA -Today's Trucking -7 Dec 2009: -- FTR Associates increased its 2009 Class 8 forecast due to a surge in orders in October, but heavy truck demand for 2010 is likely to slow after EPA 2007 engine inventory is exhausted... According to the latest issue the North American Commercial Truck and Trailer Outlook published by FTR, orders are likely to reduce early 2010 freight-induced demand, as the order activity in October was driven by truck operators lining up for the last of pre-2010 emissions engines... ( Photo from roadtransport/blogs/big-lorry-blog: Scania's truck
* USA - LTL pricing remains low heading into 2010 - Freight buyers will continue to get bargains amid overcapacity
New York,NY,USA -Purchasing, by Dave Hannon -4 Dec 2009: -- When all is said and done, 2009 will be a year the trucking industry wants to forget and freight buyers will remember fondly. As truckers seem unable to remove enough capacity, LTL pricing in particular remains extremely aggressive... In a recent report, Longbow Research analysts said, "Our sources in the industry continues to suggest that overcapacity in the market remains the root cause of the LTL industry's troubles in regards to pricing and volumes. Our industry contacts continued to become increasingly less optimistic for a recovery in LTL industry pricing fundamentals over the near-term as a result of recent downward pressure on freight rates"... In a Longbow survey in October, roughly 36% of contacts expected LTL pricing to rise, well down from 44% in September. And 58% of survey respondents expected LTL pricing to decline in October vs. August and September when only 36% and 50% of contacts, respectively, had a negative outlook for LTL pricing...
* USA - Freight trucks pose challenge to highway planners
Cincinnatti,OH,USA-The Associated Press/The Trucker -7 Dec 2009: — Commercial truck traffic is expected to soar over the next 10 years, leading to further highway congestion unless the U.S. greatly improves its infrastructure, experts say... Ohio is trying to take freight traffic off the roads by expanding the use of rail and barge shipping... The state is using $3.6 million in federal stimulus funds to raise five bridges along a rail line between Cincinnati and Columbus that would allow clearance for double-stacked containers... Mark Policinski, an official with the Cincinnati area's main transportation planning agency, said trucks are never going to go away. But the state needs to find other alternatives to ship goods... Fully loaded semitrailers haul everything from groceries to gasoline. Even with a recession, truck traffic in some spots is now double what it was just 15 years ago... New proposed or planned highway expansions may be too little for an industry that's grown into a $661 billion-a-year enterprise... (Photo: We can put 300 boxes that are bound for Target or Wal-Mart or wherever onto one train from L.A. to Chicago for a fraction of the cost of what it would take to drive them by truck," said vice president David Budig)
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