PROGNOSIS * USA - Improved trucking margins point to higher equipment orders
Columbus,IND,USA -Truck News -Aug 13, 2010: -- Improving net margins for publicly-traded trucking companies point to further improvements in the Class 8 truck market, according to the latest report from ACT Research... In its North American Commercial Vehicle Outlook report, ACT projected full-year production of Class 8 trucks to be up 26% compared to 2009 and to accelerate into 2011... Production of commercial trailers is projected to increase 47% this year over last and to post strong growth in 2011. ACT also reported the medium-duty segment will continue to recovery slowly, because it's tied so closely to the housing sector... (Photo from wikipedia: Triaxle dump truck, Heavy duty Kenworth dump truck)
Labels: market prognosis
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