Would it have anything to do with the new engine regulations?
So, with a sharp decline in agricultural production trucks sit there unused, suffer no wear, and the owners don't order new ones.
Next, tires, I see a major drop off in tire sales as well as ploughs, harvesters (for a nonexistent wheat crop), as well as increased farm bankruptcies!
Wrong type of truck my FRiend. Class 8 trucks are Kenworths and Peterbuilts. The new engine regs for consumer vehicles didn’t play into this.
Perhaps knarf, but bookings for freight have been down for several months now. Mrs. RQSR is a CSR for a National Truckload Carrier. A BIG carrier I might add, and this time of year is usually quite busy for the overall freight industry.
We’ve been aware the company isn’t purchasing new equipment for awhile now. Most of the time it’s an ongoing process for such a large company, but they aren’t purchasing ANY new equipment until the economy warrants such.
No major Class 8 engine regs changes for 2012/2013. I believe 2014 is next set.