Truck manufacturers are struggling to keep up with order demand due to material shortages.
Posted Tuesday January 07, 2020 in Environment/fuel
The North American Council for Fuel Efficiency’s 2019 Annual Fleet Fuel Study found that overall fuel efficiency for Class 8 trucks in long-haul applications continues to improve, thanks to a host of new technologies and operational practices
The Class 8 truck market is on the cusp of a significant correction, according to ACT Research.
While signs have been pointing to a slowdown, Class 8 truck production is expected to continue growing for most of 2019, tapering off by the end of the year and into 2020.
ACT Research and Rhein Associates expect average truck production from 2019-2023 will rise nearly 8% over the average of the past five years, reports Heavy Duty Trucking.