Did you know? (May 01, 2007)

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How do the purchasing plans and beliefs of Canadian fleets compare with those in other major indus- trialized nations? GE Capital Solutions sought to find out by surveying 1,200 international trucking industry leaders. It found that just more than half (53%) of Canadian truck operating businesses intend to acquire more units between Sept. 2006 and Aug. 2007, compared to two-thirds in the United States, 40% in the United Kingdom and 55% in France. An important difference between North American and European purchasers centred on their perception of the fuel performance expected from the new trucks. Only 18% in the United States and Canada regarded the purchasing of new units as a means of reducing fuel costs, an indication that most fleets remain sceptical about the fuel efficiency of the 2007 engines. In France, 49% believed that new units would deliver savings on fuel, as did 39% in the United Kingdom. The survey also found that Canadian trucks had the heaviest mileage before being decommissioned – 680,000 miles which is considerably higher than the 575,000-mile for the four countries surveyed.

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