CKCVR Annual Fleet Study Shows Positive Signs For 2014
CK Commercial Vehicle Research has completed their 2013 Annual Fleet Study. Fifty-five representatives from small, medium, and large for-hire, private and government fleets responded to this year's 20-question survey covering planned 2014 truck and trailer purchases for replacement and added capacity, brand choice drivers, equipment specifications, new technologies, effects of new regulations including Hours of Service, overall fleet health, and challenges for 2014. The study is a valuable resource for anyone interested in the commercial vehicle industry.
Key points from this year's study include:
- Percentage of survey participants planning equipment purchases in 2014 for Class 8 and trailer equipment similar to 2013
- Volumes for 2014 should increase over 2013 for all classes of vehicles covered in this report
- More upside for 2014 orders than risks
- Availability of drivers continues to impact planned purchases and ability to add capacity
- Spec's to reduce fuel consumption gaining with fuel efficiency the number one factor chosen most often as a reason to buy a particular truck brand
- Small percentage of planned Class 8 and trailer purchases designated for added capacity
- Hours of Service, along with other pending regulations, having an affect
- Most fleets in good shape
- 90+ percent of freight originates in the U.S. for the survey group
- Biggest challenge in 2014 - people (drivers and techs)
For more information about CKCVR's 2013 Annual Fleet Study and details on how to order the 28-page report, visit www.ckcvr.com and click on 2013 Annual Fleet Study.