PROGNOSIS * USA -Truck sales headed up in 2010, 2011
New York,NY,USA -Fleet Owner -Dec 11, 2009: -- Market analyst ACT Research Co. predicts that both medium- and heavy-duty truck sales in North America will come off a weak 2009 to show modest growth in 2010 and “significant growth” the following year... Compared to this year – which will record the lowest truck production numbers since 1991 – 2010 should bring a 22% increase in Class 8 vehicle production, according to ACT. Despite that growth, North American production for the coming year will still be below normal vehicle replacement levels, the company says... ACT’s projections for 2011 are much more robust, showing a 69% increase over 2010 heavy-duty production levels for North America... Medium-duty trucks, which ACT defines as Classes 5-7, should show year-to-year production growth of about 30% in both 2010 and 2011, according to the company... (Photo from amazonaws: Has My Time Came?)
* USA - Baird analysts see domestic freight, rates up
New York,NY,USA -Fleet Owner -Dec 15, 2009: -- The latest monthly truck, intermodal and rail trends report prepared by analysts at Robert W. Baird & Co. Inc. spells some good news for trucking in terms of both freight volumes and rates... Domestic freight overall was seen as “less worse,” on easing comparisons, firming freight environment, and increased freight demand due to lean inventories. As a result, the authors said the Baird Freight Index was pegged at -4.6% in November-- an improvement from the -7.7% recorded in October... Langenfeld and Hartford noted that industry anecdotes reflect stronger spot market activity to end the month, which they said was a function of lean inventories. In addition, they “look for trends to turn sustainably positive yoy [year over year] in 1Q 2010”...
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