Strong Commercial Vehicle Rebound In 2011? (February 01, 2010)

Avatar photo

COLUMBUS, Ind. –ACT Research has forecast that commercial vehicle demand will grow modestly in 2010 and then experience “significant growth” in 2011.

The projections were revealed in the latest ACT North American Commercial Vehicle Outlook. The report indicates 2009 commercial vehicle production has reached the lowest level since 1991.

Class 8 vehicle production is expected to grow 22% in 2010, but will remain below vehicle replacement levels. Class 8 production will surge an additional 69% in 2011, ACT predicts.

Medium-duty production is expected to experience year-to-year growth of about 30% in both 2010 and 2011.

“There are still a number of hurdles to clear in the coming quarters, including continued excess trucking sector capacity, a soft used truck market, tight credit, and weak freight rates,” said Kenny Vieth, partner and senior analyst with ACT Research. “However, the fleet is aging and truckers are increasingly making comments about the condition of their fleets. When the freight market regains solid footing, the recovery in commercial vehicle demand promises to be vertical.”

Avatar photo

Truck News is Canada's leading trucking newspaper - news and information for trucking companies, owner/operators, truck drivers and logistics professionals working in the Canadian trucking industry.


Have your say


This is a moderated forum. Comments will no longer be published unless they are accompanied by a first and last name and a verifiable email address. (Today's Trucking will not publish or share the email address.) Profane language and content deemed to be libelous, racist, or threatening in nature will not be published under any circumstances.

*