There is considerable steam left in the US economy, which could propel freight markets, according to ACT Research in its\u00a0North American Commercial Vehicle Outlook.<\/i><\/p>\n
\u201cThe sugar rush of stimulus money began rolling-off at an increasing pace in June, and with extended unemployment benefits being curtailed in roughly half the U.S., employment numbers, including new jobs in trucking, jumped,\u201d said Kenny Vieth, ACT\u2019s president and senior analyst.<\/p>\n
\u201cAs U.S. industry shakes off the rust and capacity comes back on line, we are reminded of the old chestnut, \u2018the cure for high prices is high prices.\u2019 With prices for many commodities reaching new records in 2021, there is a great desire to bring new capacity on line to take advantage of the bonanza.\u201d<\/p>\n
Vieth added, \u201cWhile there are signs of moderation, and the economy is closer to reaching the \u2018end of the beginning\u2019 of this year-old up-cycle, the \u2018beginning of the end\u2019 is not yet on the radar.\u201d<\/p>\n
As for commercial vehicle demand, Vieth said: \u201cMedium-duty, heavy-duty and trailer backlogs are essentially filled through 2021 and into 2022, with backlog-to-build ratios well above traditional ranges. Class 8 and trailer orders remain constrained on limited calendar-year 2022 build slot access, and with demand hot and production constrained, inventories have narrowed considerably.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"
There is considerable steam left in the US economy, which could propel freight markets, according to ACT Research in its\u00a0North American Commercial Vehicle Outlook. \u201cThe sugar rush of stimulus money…<\/p>\n","protected":false},"author":2,"featured_media":874,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[16],"tags":[793,30,21,167,678],"class_list":["post-3158","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-conditions","tag-act-research","tag-capacity","tag-economy","tag-freight-volumes","tag-truck-sales"],"acf":[],"_links":{"self":[{"href":"https:\/\/cantruck.ca\/fr\/wp-json\/wp\/v2\/posts\/3158","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cantruck.ca\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cantruck.ca\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cantruck.ca\/fr\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/cantruck.ca\/fr\/wp-json\/wp\/v2\/comments?post=3158"}],"version-history":[{"count":0,"href":"https:\/\/cantruck.ca\/fr\/wp-json\/wp\/v2\/posts\/3158\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cantruck.ca\/fr\/wp-json\/wp\/v2\/media\/874"}],"wp:attachment":[{"href":"https:\/\/cantruck.ca\/fr\/wp-json\/wp\/v2\/media?parent=3158"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cantruck.ca\/fr\/wp-json\/wp\/v2\/categories?post=3158"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cantruck.ca\/fr\/wp-json\/wp\/v2\/tags?post=3158"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}