Truck sales strength to continue through 2012: ACT

COLUMBUS, Ind. – Pent-up demand  from deferred replacement, tight freight-carrying capacity, improved fleet financial performance and some easing in credit availability, will combine to support an upcycle across all heavy-duty truck segments through 2012.

According to ACT Research, class 8 net orders continue at a strong pace, and after a slight pause in January, commercial trailer orders have returned to a solid growth trajectory as well.

The latest release of the ACT North American Commercial Vehicle Outlook reflects the impact of a U.S. economic recovery "proceeding at a slow, but self-sustaining pace."

"While some growing pains are occurring as the industry ramps up to meet the widespread increase in demand, the commercial vehicle market will continue at a solid pace," said Sam Kahan, ACT’s chief economist.

He said ACT’s outlook for real GDP in 2011 about 3 percent growth, year to year.

"While this is slightly less than previously thought, it is in line with most forecasters," he said. 


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 Profane language and content deemed to be libelous, racist, or threatening in nature will not be published under any circumstances.

*