Slight HD Truck Sales Growth, Decline in Medium for 2008


The wors­en­ing US econ­o­my is reduc­ing freight demand and plac­ing down­ward pres­sure on rates because of freight capac­i­ty increas­es that occurred in 2006. Heavy-duty truck sales will only grow slight­ly in 2008 over 2007 as trucks whose life was already extend­ed are replaced. Medi­um-duty truck sales will decrease anoth­er 10% in 2008 after drop­ping 17% in 2007.