* New York - Orders for Class 8 trucks plunged 39% from a year earlier
-- Orders for large trucks fell for the fourth consecutive month in April, and are likely to stay low through the summer as trucking demand continues to be weak, according to research group FTR... Last month, trucking fleets ordered just 13,500 Class 8 trucks, the big rigs used on long-haul routes, down 16% from March and 39% from a year earlier. It was the fewest net orders in any April since 2009, FTR said... DAT Solutions, an Oregon-based transportation data firm, reported that loads available for dry vans, the most common type of tractor-trailers used for shipping consumer goods, fell 28% in April while capacity on the market was up 1.7% on a year-over-year basis. There are signs operators are pulling back trucks, however, with capacity measured by DAT slipping back 3.6% from March to April...
(PHOTO: BLOOMBERG NEWS - Orders for new trucks fell in APril for a fourth consecutive month) -- NY, USA - The WSJ, by BOB TITA and LORETTA CHAO - May 4, 2016Labels: truckmakers news USA, trucks markets
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