Aging Fleets Point to Higher Truck Sales ; Rising Rates, Volume Cited As Underlying Possible 56% Increase

Summary

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North American commercial truck production may climb as much as56 percent next year as owners refresh the oldest fleet in at least 31 years.

Output of Class 8 trucks, the workhorses of interstate hauling, might reach as many as 235,000 units in the United States, Canada and Mexico next year from an estimated 151,000 this year, said Kenny Vieth, a partner at market forecaster ACT Research Co.

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Aging Fleets Point to Higher Truck Sales ; Rising Rates, Volume Cited As Underlying Possible 56% Increase

Rising freight rates and volumes are helping rekindle demand after the worst recession since the Great Depression. A 2006 production surge to a record ...

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