When the trucks are rolling, the economy is singing. Need to have orders from the manufacturing to the suppliers to fill those trucks. People buying mean orders and the same goes for the rail industry.
The next inevitable step is for the companies to slow purchases of equipment. The slowdown starts to pick up speed with each sector winding down until it hits every person and every community.
Let's look at the basics. Class 8 truck orders have dropped hard. Trailer orders have followed suit.
The rail industry has recorded a 9.4% drop as the same time last year.
Look at the facts and the numbers, then draw your own conclusions. Then tell me why you think I might be wrong on my viewpoint.
Class 8 truck orders tumble in November
https://www.freightwaves.com/news/cl...le-in-november
Trailer Orders Fall Amid Concerns Over 2020
https://www.ttnews.com/articles/trai...erns-over-2020
Rail Traffic for the Week Ending December 7, 2019
https://www.aar.org/news/rail-traffi...cember-7-2019/
The next inevitable step is for the companies to slow purchases of equipment. The slowdown starts to pick up speed with each sector winding down until it hits every person and every community.
Let's look at the basics. Class 8 truck orders have dropped hard. Trailer orders have followed suit.
The rail industry has recorded a 9.4% drop as the same time last year.
Look at the facts and the numbers, then draw your own conclusions. Then tell me why you think I might be wrong on my viewpoint.
Class 8 truck orders tumble in November
Preliminary orders for new Class 8 trucks tumbled again in November after one month of improved bookings, new evidence that a slowing manufacturing economy is sapping all but critical replacement demand.
FTR Transportation Intelligence reported orders by the six major brands totaled 17,300 units, the slowest November since 2015 and 39% below November 2018, when a frenzied truck order boom was starting to lose steam.
FTR Transportation Intelligence reported orders by the six major brands totaled 17,300 units, the slowest November since 2015 and 39% below November 2018, when a frenzied truck order boom was starting to lose steam.
Trailer Orders Fall Amid Concerns Over 2020
FTR reported preliminary net U.S. trailer orders for November dropped to 20,200 as fleets are becoming more cautious about freight conditions in 2020.
There is still too much uncertainty regarding the economy, trade, tariffs and politics for companies to have a great deal of confidence right now for 2020.”
There is still too much uncertainty regarding the economy, trade, tariffs and politics for companies to have a great deal of confidence right now for 2020.”
Rail Traffic for the Week Ending December 7, 2019
WASHINGTON, D.C. – December 11, 2019 – The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending December 7, 2019.
For this week, total U.S. weekly rail traffic was 517,130 carloads and intermodal units, down 9.4 percent compared with the same week last year.
Total carloads for the week ending December 7 were 248,174 carloads, down 7.2 percent compared with the same week in 2018, while U.S. weekly intermodal volume was 268,956 containers and trailers, down 11.3 percent compared to 2018.
For this week, total U.S. weekly rail traffic was 517,130 carloads and intermodal units, down 9.4 percent compared with the same week last year.
Total carloads for the week ending December 7 were 248,174 carloads, down 7.2 percent compared with the same week in 2018, while U.S. weekly intermodal volume was 268,956 containers and trailers, down 11.3 percent compared to 2018.
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