Ready to buy: Truck plants may soon be busier, if a recent survey is an indication.
COLUMBUS, Ohio –A survey of US fleets has indicated more are looking to buy new equipment in the next three months.
The CK Commercial Vehicle Research Fleet Sentiment Buying Index jumped 39% in the third quarter. The index is a measure of planned buying behaviour for for-hire, private and government fleets.
In the Q3 survey, 45.1% of responding fleets said they plan to order medium-or heavy-duty power units in the next three months while 43.1% said they’ll be ordering new trailers in the same timeframe.
“The number of fleets planning equipment purchases continues to improve quarter to quarter in 2010,” said Chris Kemmer of CKCVR. “In Q3 we again saw a reduction in the number of parked vehicles reported, improved stated utilization rates and a closer alignment of available freight to haul and fleet capacity. The one measure which moderates our enthusiasm now is the average size of the planned orders, which fell below the four-quarter moving average for both power units and trailers in Q3.”
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