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Order backlogs will not alleviate downward pressure on truck production

Mack Trucks began a prepared layoff of 400 workers last month in reaction to falling truck need. (Picture by Sean Kilcarr/Fleet Owner) Orders for Class 8 trucks continued moving in January, while Class 5-7 medium-duty orders flattened out, all in spite of a growing truck order stockpile. “& ldquo; Class 8 demand began softening in mid-year 2015 [yet] the market starts 2016 with the 2nd largest January backlog in the past One Decade and the 4th most significant in the past 15,” & rdquo; kept in mind Kenny Vieth, president and senior analyst of ACT Research study, in a declaration. “& ldquo; In spite of the large stockpiles, production rates of Class 8s & hellip; are likely to moderate in coming months as the industry overcomes extreme inventories.” & rdquo; Popular NowNew broker law effects carriers who forward freightFAA reform costs includes trucker mileage-pay protectionsBose Ride System II delivers new functions and performance ACT said Class 8 net orders completed 18,247 devices in January, down 48 % year over year, while Class 5-7 net orders continued to be flat year-over-year at 17,400 units. “& ldquo; The data stream continues to trend adversely in regard to freight, capacity, and freight rates,” & rdquo; Veith included. & ldquo; Meanwhile, medium task is well placed for ongoing modest growth into 2016,” & rdquo; he stated; a pattern he credits to healthy consumer balance sheets, rising new house design, enhanced state and city government budgets, and an absence of overbuying.” & rdquo; On the trailer side of the industry’& rsquo; s devices ledger, research study firm FTR said net orders topped 17,900 systems in January, a 30 % decrease from December and 37 % below the same month in 2015. Much of that decrease is because of dry van orders being the lowest they have actually been considering that Might of 2015, kept in mind Don Ake, FTR’& rsquo; s VP of industrial cars, integrated with weak flatbed orders for the month. By contrast, refrigerated van orders were at a sensible level for January, he said in a declaration, up 33 % from December. O.
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Part-time Truck Motorist – Refrigerated Fleet

payment: Your Option Pay Plan employment type: part-time …
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