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Issue #592

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2014 Media Kit

Fleet sentiment buying index jumps 39% in Q3 2010

By: | at 08:00 PM | Intermodal  

The Q3 2010 Fleet Sentiment Report (FSR) Equipment Buying Index as reported by CK Commercial Vehicle Research (www.ckcvr.com) jumped from the previous quarter to 90.2, the best reading in two years.’ The FSR Buying Index is a simple measure of planned buying behavior of for-hire, private and government fleets responding to CKCVR’s Fleet Sentiment quarterly questionnaire.’ 45.1% of Q3 study participants plan to place orders for medium and heavy power units in the next (3) months with 43.1% planning trailer orders in the same time frame.’ Fleets responding to the Q3 questionnaire operate in excess of 40,000 medium and heavy duty power units and 110,000 trailers.’

‘The number of fleets planning equipment purchases continues to improve quarter to quarter in 2010’ commented Chris Kemmer of CKCVR. ‘‘In Q3 we again saw reduction in the number of parked vehicles reported, improved stated utilization rates and a closer alignment of available freight to haul and fleet capacity.’’ The one measure which moderates our enthusiasm now is the average size of the planned orders, which fell below the 4-quarter moving average for both power units and trailers in Q3.’ A complete analysis of responses is reported in the Fleet Sentiment Report (www.ckcvr.com/fleetsentiment) available to subscribers.

CKCVR regularly polls their group of fleet advisors about equipment purchasing, operating and maintenance practices.’ The quarterly Fleet Sentiment survey includes questions about short and longer term equipment buying plans, preferred OEM, new specs, current fleet capacity vs. freight demand, equipment utilization rates including the percent of parked vehicles, and current industry issues.’ Beginning in Q1 2010, engine technology choices are reported as well.’ For more information about the Fleet Sentiment Report or other research conducted by CK Commercial Vehicle Research send an e-mail to .(JavaScript must be enabled to view this email address).