Author Topic: Want to see the Future of the Economy?  (Read 456 times)

Offline Solar

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Want to see the Future of the Economy?
« on: August 20, 2018, 08:38:53 AM »
Be it boxes or crates preorders, these are the first indicators of a soon to be, booming in the economy.
But it takes a truck to move these crates and containers, not to mention new trailers, and guess what? :thumbsup:



Get in Line: Backlog for Big Rigs Stretches to 2019

Anyone ordering a new heavy-duty truck this summer will have wait until sometime next year to get it, assuming strained manufacturing supply chains hold together.

An unprecedented run of orders for big rigs has pushed the backlog at truck factories to nine months, according to industry analysts, the largest since early 2006, when truckers stocked up to get vehicles in place before tougher environmental restrictions would take effect. Typically the backlog is about five months for the truck industry’s manufacturers, analysts said.

“It is longer than it should be,” said Magnus Koeck, vice president of marketing for Volvo AB’s North America operation, where Class 8 truck orders this year soared to 25,000 from 11,000 during the first six months of 2017. “Of course we are not alone in this situation,” he said. “Everyone is in the same boat.”

North American freight-haulers ordered more than 300,000 Class 8 trucks in the first seven months of this year and are on track to order a record 450,000 of the heavy-duty vehicles for the full year, according to ACT Research. That would be the largest book since 2004, when orders reached 390,000, according to analysts.

In July, North American fleets ordered more than 52,000 trucks, an all-time monthly record.

https://www.wsj.com/articles/get-in-line-backlog-for-big-rigs-stretches-to-2019-1534500005?mod=hp_lead_pos8
« Last Edit: August 20, 2018, 01:44:26 PM by admin »
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Offline supsalemgr

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Re: Want to see the Future of the Economy?
« Reply #1 on: August 20, 2018, 01:41:42 PM »
Be it boxes or crates preorders, these are the first indicators of a soon to be, booming in the economy.
But it takes a truck to move these crates and containers, not to mention new trailers, and guess what? :thumbsup:


Get in Line: Backlog for Big Rigs Stretches to 2019

Anyone ordering a new heavy-duty truck this summer will have wait until sometime next year to get it, assuming strained manufacturing supply chains hold together.

An unprecedented run of orders for big rigs has pushed the backlog at truck factories to nine months, according to industry analysts, the largest since early 2006, when truckers stocked up to get vehicles in place before tougher environmental restrictions would take effect. Typically the backlog is about five months for the truck industry’s manufacturers, analysts said.

“It is longer than it should be,” said Magnus Koeck, vice president of marketing for Volvo AB’s North America operation, where Class 8 truck orders this year soared to 25,000 from 11,000 during the first six months of 2017. “Of course we are not alone in this situation,” he said. “Everyone is in the same boat.”

North American freight-haulers ordered more than 300,000 Class 8 trucks in the first seven months of this year and are on track to order a record 450,000 of the heavy-duty vehicles for the full year, according to ACT Research. That would be the largest book since 2004, when orders reached 390,000, according to analysts.

In July, North American fleets ordered more than 52,000 trucks, an all-time monthly record.

https://www.wsj.com/articles/get-in-line-backlog-for-big-rigs-stretches-to-2019-1534500005?mod=hp_lead_pos8

And truck drivers are needed to drive these trucks.
« Last Edit: August 20, 2018, 01:45:04 PM by admin »
"If you can't run with the big dawgs, stay on the porch!"

Offline Solar

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Re: Want to see the Future of the Economy?
« Reply #2 on: August 20, 2018, 01:53:15 PM »
And truck drivers are needed to drive these trucks.
I was reading the comments on the page, the libs hate good news. One of actually claimed that if not for Obama keeping the economy alive, Trump wouldn't have this economy, while another said: "since there is a driver shortage - who will be driving all these trucks"  :rolleyes:

But this one. :lol:


"why bring that up?

Trump was handed a strong, if flat economy - and Trump has goosed it.  Not nearly as efficiently as he could have - choosing to add massively to the deficit, in a good economy - but, we get it, the economy continues to improve for now - but we face headwinds, including a labor shortage, rising interest rates, and inflation..."

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Offline supsalemgr

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Re: Want to see the Future of the Economy?
« Reply #3 on: August 21, 2018, 04:07:35 AM »
I was reading the comments on the page, the libs hate good news. One of actually claimed that if not for Obama keeping the economy alive, Trump wouldn't have this economy, while another said: "since there is a driver shortage - who will be driving all these trucks"  :rolleyes:

But this one. :lol:


"why bring that up?

Trump was handed a strong, if flat economy - and Trump has goosed it.  Not nearly as efficiently as he could have - choosing to add massively to the deficit, in a good economy - but, we get it, the economy continues to improve for now - but we face headwinds, including a labor shortage, rising interest rates, and inflation..."

Just ponder the above highlighted phrase. It proves the left has lost all sanity when it comes to Trump.
"If you can't run with the big dawgs, stay on the porch!"

Offline Solar

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Re: Want to see the Future of the Economy?
« Reply #4 on: August 21, 2018, 07:36:54 AM »
Just ponder the above highlighted phrase. It proves the left has lost all sanity when it comes to Trump.
Yep, also exposes the average intellect of the 'group think' leftist voter.
Unlike the Right, where we strive for greatness, the left shoots for the lowest common denominator.
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