Heavy Duty Trucking

JUL 2014

The Fleet Business Authority

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18 HDT • JULY 2014 www.truckinginfo.com Quotable "We wouldn't con- sider rolling back FDA-approved safety regulations during an E. coli outbreak." – Robert Menendez (D-N.J.), in an interview with New York City's WINS radio, opposing efforts to suspend the controversial 34-hour restart provisions of the new hours of service rules in the wake of a highly publicized tractor-trailer crash that critically injured comedian Tracy Morgan. Trucking's Most Respected Business Report hotline First Isuzu in the U.S. 1984 saw the summer Olympic games in the U.S., President Reagan re- elected by a wide margin, and Michael J ackson's "Thriller" named album of the year. And it saw the first import of Isuzu's low-cab forward medium- duty truck. In honor of the 30th anniversary of Isuzu trucks in the U.S. market, Isuzu Commercial Truck of America is restoring the first Isuzu sold in this coun- try. The KS22 arrived at the Port of Jacksonville, Fla., in November. It had no tilt cab and was powered by an 87-horsepower engine. To- day, Isuzu trucks command 80% of the U.S. low-cab- forward truck market. Dry van production expected to catch up to freight Dry van freight expe- rienced strong growth in 2013 as consumer spending began to recover and companies increased inventories to match increased retail sales. Growth in dry van production fol- lowed the same growth pattern as freight up until last November. As freight growth began to moderate, dry van production plummeted due to slower economic activity, but primarily because extreme winter weather disrupted production at several manufacturing plants, explain the analysts at FTR Associates. While freight is expected to see modest growth the next few months, dry van production is expected to be very healthy this year as it catches up with freight demand. So far in 2013, dry van orders are up 54% versus last year. Dry van build is expected to steadily increase throughout 2014 and end the year up a solid 8% versus 2013. More info: www.ftrintel. com/hdt or Eric Starks at (888) 988-1699 PHOTO BY EVAN LOCKRIDGE Contuining trend: Spot market freight availability as measured by the DAT North American Freight Index has run high since July 2013. May 2014 numbers extend the trend, be- coming the 11th con- secutive month to post a year-over-year record high with a 40% increase over last May. Month over month, however, May freight volumes fell 2.1% compared to April's. www.truckinginfo.com Contuining trend: Spot market freight availability as measured by the DAT North American Freight Index has run high since July 2013. May 2014 numbers extend the trend, be- coming the 11th con- secutive month to post a year-over-year record high with a 40% increase over last May. Month over month, however, May freight volumes fell 2.1% compared to April's. 2500 2000 1500 1000 500 0 ( DEC ) JA N JUNE JULY AU G SEP OCT N OV DEC FEB MAR APR M AY Index: August 1996 = 100 Spot Freight Index (Information provided by DAT Solutions) 2010 2011 2012 2013 2014 May 2013 Jun 2013 Jul 2013 Aug 2013 Sep 2013 Oct 2013 Nov 2013 Dec 2013 Jan 2014 Feb 2014 Mar 2014 Apr 2014 May 2014 0.08 0.06 0.04 0.02 0 –0.02 –0.04 –0.06 –0.08 Loadings Forecast U.S. New Dry Van Production (3M) U.S. Dry Van Trailer Loadings Freight vs. Production: Dry Van Trailers PHOTO © ISTOCKPHOTO.COM

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