Commercial Business

2013 HD orders up 17%, medium-duty up 10%

Posted on January 28, 2014

According to Americas Commercial Trucking (ACT) Research Co. LLC, December 2013 was the second-biggest Class 8 order month since March 2006, with orders up roughly 50% month-over-month and year-over-year.

Meanwhile, medium-duty December net orders fell month-over-month, but year-over-year orders were mixed, with Classes 6-7 rising 20% and Class 5 orders falling 16% against tough comparisons. For the year, Class 8 net orders were up 17% from 2012 while Classes 5-7 orders rose 10%.

“The U.S. and Canada did the ‘heavy lifting’ for Class 8 orders in December, while Mexico and non-NAFTA orders moved sideways at low levels,” says Kenny Vieth, president and senior analyst at ACT.

“Strengthening domestic demand has been supported in the second half of the year by improving economic activity that has translated into improved profits for truckers. The softness in December’s Classes 5-7 orders is viewed as a temporary pause following two very strong order months for medium duty.”

For more information visit http://www.actresearch.net.

Related Topics: ACT Research, Class 8 Trucks, Classes 6-7 Trucks, Kenny Vieth

Comments ( 0 )
More Stories
News

5 Money-Making, Business-Improving Tips From the 2017 K&M Tire Meeting

As independent tire dealers battle the competition, they often search for the one thing that will help them stand out. At the 2017 K&M Tire Inc. annual dealer conference, the wholesaler provided a day-and-a-half event full of educational sessions to help dealers identify those opportunities.

Titan says the full-depth tread across the TGS2's entire surface provides better traction in all weather.
News

Titan Adds All-Season Tire for Skid Steers

Titan International Inc.is adding an all-season bias tire for skid steers to its TGS2 lineup. With a focus on snow removal and landscaping, the tire's open-shoulder tread design and full-tread depth are designed to provide traction in snow, ice and mud.

News

NCTDA to Honor Dealers at 2017 Expo

The North Carolina Tire Dealers Association (NCTDA) will honor its 2017 Dealer of the Year and induct two new members into its Hall of Fame.

News

BKT Is Named Port Tire Manufacturer of the Year

Balkrishna Industries Ltd. (BKT) received a port tire manufacturer of the year award for port and terminal cargo handling equipment at the Terminal Operator Excellence Awards 2016 in Dubai, UAE.

News

Ronnie Scott Joins CMA as Field Sales Engineer

Ronnie Scott is taking his 21 years of experience from Falken Tire Corp. and Pirelli Tire North America Inc. to China Manufacturers Alliance LLC (CMA). Scott will serve as the field sales engineer for CMA, the company that manufactures and markets Double Coin Holdings Ltd. products in the U.S.

News

Goodyear Declares 21st Straight Dividend

Directors of Goodyear Tire & Rubber Co. have declared a quarterly dividend of 10 cents per share of common stock. The dividend is payable March 1, 2017, to shareholders of record on Feb. 1, 2017.

The GT Radial GDL651FS is a closed shoulder drive tire designed for North America.
News

Giti Designs a Drive Tire for North America

Giti Tire (USA) Ltd. has introduced the GT Radial GDL651FS drive tire for North America. The SmartWay-verified tire offers long haul operators better fuel economy, plus traction and long tread wear.

Be the First to Know

Get the latest news and most popular articles from MTD delivered straight to your inbox. Stay on top of the tire industry and don't miss a thing!