From new truck and trailer orders to aftermarket sales, 2019 is off to a strong start, picking up where last year left off.
However, for trucking industry executives attending the Heavy Duty Aftermarket Dialogue event earlier this week, there remains some trepidation, wondering when a slowdown will occur
Ken Davis, founder of Greentree Advisors LLC, said original equipment manufacturers’ order boards and backlogs are currently so jam packed, they could conceivably produce even more units than they did during 2018.
However, Davis, previously president of Eaton Corp.’s vehicle group, said it is unlikely that could become a reality due to capacity issues. And while encouraging the industry to enjoy these “really robust times,” Davis hinted a pullback in the second half of 2019 is possible.
That sentiment was echoed by Roger Nielsen, president and CEO of Daimler Trucks North America (DTNA). Nielsen projected U.S. Classes 6-8 sales for the year will likely top 450,000 units, nearly the same as 2018… To continue reading, CLICK HERE.