Categories : fleet repair

 
Where are truck and trailer orders headed?Truck freight

development in the last few years has exceeded the overall economy’s development by two to one on a percentage basis, however the truths of a … Following record Class 8 orders in the late part of 2014 and the subsequent settling of orders seen in recent months, data on Class 8 truck orders still recommends need above that of basic replacement cycles, stated FTR’s Eric Starks on Wednesday. In a Class 8 demand outlook at FTR’s Transportation Conference on Wednesday, Starks said utilization of devices has to do with 90 percent right now, a couple of points above the mark that generally indicates fleet development. “Anything about 85 to 88 percent recommends you have to be including equipment into the fleet,” he stated. “Things are still a little bit tight.” Though the economy is revealing mixed signals and freight demand is expected to be choppy in the coming months, the next year and a half look favorable for truck orders, Stark stated. RelatedThe recuperation’s been good to trucking, however cycle might play out quickly, states FTR’s PerryTruck freight growth in recent years has actually outpaced the total economy’s growth by two to one on a percentage basis, however the realities of a … He anticipates overall net Class 8 orders to be in between 325,000 and 330,000 for 2015 and be up to 290,000 next year and 260,000 in 2017. In spite of the drop, those numbers still suggest “a full replacement market,” Starks says, “perhaps even a bit of development.” The dip needs to start around the second quarter of next year. Stockpiles have actually begun to decrease from their recent peak, too, but are still healthy, Starks said. “They’re on the downward trend,” he stated. “However it’s not worrying because they’re so high.” Existing backlogs are there to support current construct levels, Starks included. Stifel Transportation’s Michael Baudendistel, however, offered an alternative Class 8 order outlook following Starks, saying climbing up costs for brand-new equipment, a drop off in pricing of made use of trucks (and the subsequent equity loss for truck owners), a young U.S. fleet due to current turnover and poor “underlying freight trends” will certainly stymie the order market. Baudendistel said his company forecasts 280,000 net orders for 2016, 250,000 for 2017 and 220,000 for 2018. RelatedCapacity’s looser, for now– freight, e-log mandate to tighten market soonConcern over the trucking market’s pattern of loosening up capacity of late– and how it will affect rates and what it means for freight development … Total net trailer orders in 2015 are expected to land simply shy of 1999’s record, stated FTR’s Don Ake in a session on trailer order outlook. Ake says 2015 should see 302,400 total orders, about 5,000 shy of 1999’s 307,800. Issue over the trucking industry’s trend of loosening up ability of late– and how it will impact rates and exactly what it suggests for freight growth … Order stockpiles are likewise at an all-time high this year, Ake stated– 186,000 anticipated this year, compared with the 187,000 record in 1999. “This is the longest up cycle in trailer history,” Ake stated of the now 6 and a half years of trailer order development. However like the economy as an entire, the trailer purchasing upcycle may be on borrowed time. “This is the sixth year of a five-year upcycle,” he said. Slowing freight growth and decreasing capability usage, nevertheless, are beginning to put downward pressure on net trailer orders, Ake said. Orders for cooled trailers have been the most popular, Ake said, and did exceed 1999’s numbers this year. FTR anticipates net orders to hit 45,600 this year– up from ’99’s 40,000. Dry van orders are anticipated to see an uptick in the last quarter of this year, he said. Flatbed fell off in the middle of this year, but build orders are still trending upward, Ake included. There’s no single answer to this olden argument The long-running dispute over which kind of transmission – direct drive or overdrive – offers the & hellip; James Jaillet is the News Editor for CCJ and Overdrive. Reach him at jjaillet@randallreilly.com. CCJ Magazine covers fleet management subjects varying from innovation, freight, logistics, devices, and more.See all stories on this subject’Sims Express’boosts fire department’s fleet Back in November 2013, Sims Metals Management knocked on Mayor Joseph Polisena’s City center door and asked:”What can we do for the town of Johnston?”The mayor half-jokingly responded:”Oh, exactly what the heck, how about a brand-new fire engine

?”Almost immediately, Sims Metals East Area President Joseph Payesko mentioned: “We’ll look into that and get back to you soon.”Much to Polisena’s wonder, Payesko returned and consented to the demand.” The rest took place so quickly it was nearly too great to be true, “Polisena said.” Bear in mind, here’s Sims Metals Management– the leading metals and electronic devices recycler on the planet– electing to construct a huge plant in Johnston, then advance to buy the town a fire truck.””This is a definitely incredible story,” Johnston Fire Chief Timothy McLaughlin said.”It’s something you dream about that really came true.”A number of weeks back, Payesko was back in the area with representatives from the Sims business workplace, teaming with Polisena to hold a little unveiling and commitment ceremony for Johnston’s latest fire engine at Station 4, located at 2674 Hartford Ave. Also on hand were John Santori, basic manager of Sims’New England region; Ken Marandola, the company’s public relations expert; and regional dignitaries like Johnston state Reps. Stephen Ucci and John Carnevale, as well District I Town Councilman Richard DelFino III. Ucci and Carnevale heaped words of praise upon Sims for the”amazing, state-of-the-art fire engine,”and moved about inside the stationpersonally thanking each Sims agent for the donation. DelFino, at the same time, said: “This is a fine example of town government working carefully with a regional profession to provide a much-needed resource. It is top priority to offer first responders the updated devices and resources readily available to perform their tasks successfully and effectively on behalf of the residents of our neighborhood. “The” Sims Express,”as let … See all stories on this topic

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