ACT Remains Bullish on Class 8 Demand
COLUMBUS, IN – ACT Research says it is remaining "bullish" on Class 8 demand in the medium to longer term.
According to the February issue of the ACT North American Commercial Vehicle Outlook, ACT is expecting economic activity to expand at a moderate pace. "Not too different from the 1.7 percent experienced in 2011,” said Sam Kahan, ACT’s chief economist.
“Regarding commercial vehicles, there has been little change in the outlook, because underlying demand drivers remain strong,” he added.
“Demand for heavy trucks and trailers is running stronger than demand for medium-duty vehicles because of strong freight markets and healthy trucker profitability.”
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