Heavy Duty Trucking

NOV 2014

The Fleet Business Authority

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24 HDT • NOVEMBER 2014 www.truckinginfo.com F TR's data shows freight demand is healthy and fleets are placing orders for equipment at rates rarely seen at this time of year. U.S. trailer net orders saw an increase of 80% in September from year-earlier levels. The bulk of that increase was seen in the dry van market. While the numbers look wonderful, it is important to note that many of these orders are for 2015 deliveries and will be stretched out through the balance of the year. This suggests that while truckers are happy right now, it also means that they don't want the next available build slot. This will keep production levels from jumping around significantly. On the truck side, U.S. Class 8 net orders rose 24% from year earlier levels in September. While this growth was not as strong as the trailer market, it still suggests that the market is growing. Of note is that most of the recent order activity is for production within the next two quarters. This suggests truckers are wanting trucks sooner rather than later to put on the road and move freight. What is most interesting is that fleets list the driver shortage problem as a top concern, yet they continue to buy equipment. The one thing the driver shortage has done up to this point is keep fleets from overbuying and flooding the market with equipment. Over the last year, FTR has been signaling to the industry that capacity was tight and will only continue to worsen through 2014. This was anticipated to lead to higher freight rates, which has finally materialized and appears to be moving higher. For more info visit www.ftrintel.com/hdt or contact Eric Starks at (888) 988-1699. CLASS 8 33,001 LBS. & OVER SEP YTD YTD SALES SALES SHARE CLASS 7 26,001-33,000 LBS. SEP YTD YTD SALES SALES SHARE CLASS 6 19,501-26,000 LBS. SEP YTD YTD SALES SALES SHARE CLASS 3, 4 & 5 10,001-19,500 LBS. SEP YTD YTD SALES SALES SHARE MANUFACTURER U.S. RETAIL TRUCK SALES REPORT Complied by Heavy Duty Trucking magazine. Source: Ward's Communications SEPTEMBER 2014 Trucking's Most Respected Business Report hotline Chevrolet 0.00% 0.00% 276 20,899 8.43% Dodge/Ram 14,683 110,651 44.66% Ford 171 2,579 6.40% 1,283 11,891 30.47% 10,763 87,670 35.38% Freightliner 7,226 56,332 35.61% 2,138 18,636 46.25% 1,614 14,433 36.99% 570 3,246 1.31% GMC 0.00% 0.00% 83 7,425 3.00% HINO 205 1,357 3.37% 432 3,974 10.18% 133 793 0.32% International 2,892 23,568 14.90% 1,734 11,136 27.64% 655 7,436 19.06% 197 1,678 0.68% Isuzu 0.00% 0.00% 1,416 14,040 5.67% Kenworth 2,780 21,824 13.80% 443 2,999 7.44% 99 1,147 2.94% 2 14 0.01% Mack 1,656 13,616 8.61% Mitsubishi Fuso 0.00% 0.00% 187 1,347 0.54% Nissan UD 0.00% 0.00% 0.00% Peterbilt 2,792 21,083 13.33% 389 3,586 8.90% 26 142 0.36% 4 15 0.01% Volvo 2,477 19,344 12.23% Western Star 250 2,361 1.49% Other 5 56 0.04% Totals 20,078 158,184 100% 5,080 40,293 100% 4,109 39,023 100% 28,317 247,778 100% Fleets placing equipment orders at near-record pace 40,000 30,000 20,000 10,000 0 Jan-13 Feb-13 Apr-13 Jun-13 Aug-13 Oct-13 Dec-13 Jan-14 Mar-14 May-14 Jul-14 Sep-14 Trailer orders Truck orders U.S. CLASS 8 AND TRAILER NET ORDER ACTIVITY

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