Details:
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Alternative Title:Truck and trailer outlook
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Edition:Quarterly report
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NTL Classification:NTL-FREIGHT-FREIGHT;NTL-FREIGHT-Trucking Industry;NTL-REFERENCES AND DIRECTORIES-Statistics;NTL-PLANNING AND POLICY-Freight Planning and Policy;NTL-PLANNING AND POLICY-PLANNING AND POLICY;
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Abstract:Demand for commercial trucks and trailers scored impressive gains last year as a vibrant
economy, strong customer markets, relatively modest levels of inflation and interest rates,
and the accelerated depreciation provisions of the Tax Stimulus programs, all served to
stimulate purchases of trucks and trailers. And, the upward momentum has continued
into 2005. However, as can be anticipated, the robust gains of 2004 are proving difficult to match. While commercial truck and bus sales (Classes 4-8) jumped 31.5% last year, retail sales
of this equipment through the first three quarters of 2005 were running 18.3% above the
comparable period of 2004. By the same token, after advancing 28.5% last year, our
latest survey of trailer manufactures indicates that trailer shipments through September of
this year were running 8.8% above the similar period of 2004.
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