Hello everyone, thanks for reading.
Ya’ know how the news is full of bad stuff? Let’s buck that trend. I’ve got some good info.
I’m optimistic about the economy and our future. I think it’s turning. Let’s all hang in there and keep working hard, it’ll improve.
Recently in Transport Topics Magazine I noticed an article with good news. The title was “New Class 8 Truck Orders Soar in May – Dealers Say Growth Trend Has Started”. How does that sound?
The gist was two independent research firms found an 84% increase in new truck orders over May of last year. Most of these orders were from US fleets but it included Central and all of North America. The strength of the orders was they were near-term production, “so they seem firm”, said one of the contributors.
The trend appears to be positive and continuing with a potential 19% increase over all of last year. Positive price direction and the steady improvement in sales coupled with increased activity in the leasing and rental markets are all good signs that the truck market is enjoying.
One of the contributors was quoted as saying: “The rental and leasing market has certainly picked up, and that’s usually a pretty good indicator of overall market activity. When we see the rental market picking up, the rest of the market has historically followed. Another good indicator is used truck volume, which has also displayed good numbers recently.”
And another contributor mentioned they don’t see a risk of a double-dip recession, they see a growth year and fleets preparing for the rebound.
Look, when you get up in the morning you’ve got a choice: The glass is half full, or half empty. I’m seeing it half full and rising. Let’s work together.
As always, thanks for your support.
Craig Kruckeberg, Chief Visionary
Minimizer
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