* New York - Strong growth in tractor orders from November suggests stability in fleet planning after a steep downturn
-- Heavy-duty truck orders rebounded in December, in a sign the freight market may be stabilizing after hitting a rough patch last fall, analysts with FTR said Wednesday... Trucking companies ordered 27,800 big rigs last month, a 70% increase from November, when orders plunged to multiyear lows for that month. December orders were still about 37% lower than they were a year earlier, the freight industry research group said... December’s relatively strong orders for new Class 8 rigs, as the biggest trucks are called, indicate trucking companies are returning to historic norms when it comes to investing in their fleets, said Don Ake, an FTR analyst...
(PHOTO from BLOOMBERG NEWS by BRIAN BASKIN - Employees install engines onto truck chassis at the Mack Truck Inc. assembly plant in Macungie, Pa., last month) - - NY, USA - The WSJ, by BRIAN BASKIN - Jan. 6, 2016Labels: truckmakers news USA
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