Study: 15% more fleets plan to order trucks, trailers
Sixty-four respondents to a survey circulated to fleet owner/operators last month indicated an uptick in truck and trailer sales may lie ahead.
The survey, conducted by CK Commercial Vehicle Research (CKCVR), shows the FSR Buying Index – which captures fleets overall planned buying activity for the next three months – has risen above the 100 benchmark for the first time since the Index began in 2008. The Index currently sits at 103.8, its highest point since Q2 2012.
The Buying Index measures the percent of fleets planning to buy medium/heavy duty trucks and trailers, along with expected volume of those orders, for the three months following the inquiry. Responses for this survey were received from Jan. 15-24.
The survey also showed an anticipated 15 percent year-over-year improvement in the number of fleets planning to order trucks and/or trailers through April. The biggest boost likely could hit trailer manufacturer Great Dane, who was tabbed to receive largest portion of trailer orders from the group of respondents.
The majority of fleets responding say they have sufficient freight demand to meet capacity and 43 percent cited a shortage of drivers for their current equipment.