There’s plenty of evidence to suggest that 2018 will be a record year for truck sales in Australia, and that looks more than likely for the U.S. too.
In January the Australian new truck sales industry enjoyed more good times with sales continuing 2017’s boom – and it was the same in the U.S. where January sales hit new highs not seen since the middle of last decade.
The U.S. data shows that in January Class 8 truck orders hit their highest level since 2006 with commitments to more than 47,200 units in the month.
That figure represents a 28% increase compared to December and a number 116% better than January 2017.
Jonathan Starks, chief operating officer for transport industry consultants, FTR, telling truckingnews.com that fleets are investing in heavy-duty trucks at record rates.
“These levels were well above our already strong expectations and continue to indicate that the equipment markets are still reacting to the tight capacity in the truck marketplace,”
“January is normally a seasonally weaker month, except when the market is on a clear upswing.
“Near-record levels can’t last for long, but orders could stay quite elevated throughout the spring.”
And it wasn’t just prime-movers that were feeling the love in January, the data shows orders for more than 31,000 medium-duty (Class 5-7) trucks were also placed.