Buy ‘Em If You Need ‘Em: Trucking analyst

LOMBARD, Ill. — Booming truck sales record of 2006 is demand driven, says North American trucking market research firm MacKay & Co.

“Forget the ‘pre-buy,’ fleets are buying trucks because they need more trucks,” says President Stu MacKay.

After three quarters of year-over-year decreases, a second quarter survey shows 0.4 point increase in Class 6-8 utilization to record 88.7 percent, surpassing the previous second quarter high set a year ago.

Even with strong retail sales, Class 8 utilization was a record 89.5 percent, up 0.3 point from a strong 2nd quarter last year, MacKay finds. The biggest gains were private fleets and construction-vocational companies, both up 1.7 points.

Owner-operator utilization was up 0.8 point, while lease-rental jumped 1.5 points. For-hire dipped 0.3 point.

“When Class 8 utilization was trending lower during 2005’s third quarter through 2006’s first quarter, it seemed reasonable to believe much of the strength in Class 8 retail sales was due to a pre-buy meant to avoid the purchase of unproven and higher priced ’07 engines,” MacKay said. “However, strong sales together with increasing vehicle utilization implies fleets need the trucks.”

— Via Heavy Duty Trucking


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 Profane language and content deemed to be libelous, racist, or threatening in nature will not be published under any circumstances.

*