NEW TRUCKS ORDERS * USA: Soared to a 14-month high in January
* Indiana - Orders for new big-rigs jump in January
ACT Research... Trucking companies had scaled back vehicle orders for most of last year, as uneven economic growth and a struggling manufacturing sector curbed freight demand, leaving too many trucks available to move cargo. But volumes, and the rates fleets charge customers, have picked up in recent months. Truck orders rose from December to January, indicating some companies that were on the fence about expanding their fleets saw enough positive signs in the freight market to take the plunge, said analysts with FTR, a transportation research firm that put out similar numbers to ACT on Friday...
(Photo: BLOOMBERG NEWS - Employees install engines onto truck chassis at a Mack Truck Inc. assembly plant in Macungie, Pa) -- Columbus, IND, USA - The WSJ, by ERICA E. PHILLIPS - Feb. 3, 2017
Labels: truck sales USA