Suppliers predict growing truck market
LOUISVILLE, KY - What a difference a few months can make. Earlier this year, Bendix Commercial Vehicle Systems was projecting Class 8 truck sales would drop about 5-10%. Now it's projecting the market will grow about 5%. "Overall, I think the economy has turned for us in the trucking industry," chairman Joe McAleese observed, citing growing truck orders and dropping cancellations. Truck tonnage and utilization are both seen as under control. It was a theme repeated during briefings during the Mid-America Trucking Show's media day.