{"id":2852,"date":"2011-07-27T02:58:30","date_gmt":"2011-07-27T02:58:30","guid":{"rendered":"http:\/\/findfreightloads.com\/blog\/?p=2852"},"modified":"2011-08-02T00:59:57","modified_gmt":"2011-08-02T00:59:57","slug":"truck-sales-rise","status":"publish","type":"post","link":"https:\/\/findfreightloads.com\/blog\/truck-sales-rise\/","title":{"rendered":"Truck sales rise"},"content":{"rendered":"<p>Used Class 3-8 truck sales in June increased 9 percent over May despite a lack of available inventory, said ACT Research Co. For the year, used sales are 6 percent behind last year\u2019s pace.<\/p>\n<p>Meanwhile, the firm reported net trailer orders in June dropped 26 percent from May, the third consecutive monthly decline.<\/p>\n<p>\u201cUsed <a href=\"http:\/\/www.findfreightloads.com\/\">truck mileage <\/a>continues to edge up, in response to fleets holding onto their equipment longer,\u201d said Steve Tam, ACT vice president-commercial <a href=\"http:\/\/www.findfreightloads.com\/\">vehicle sector<\/a>. \u201cThe market is still awaiting some relief to the shortage of sellable inventory as well as upward price pressures. Improving new truck sales will result in increased trade-ins, and should provide some relief to the market.\u201d<\/p>\n<p>The falloff in June <a href=\"http:\/\/www.findfreightloads.com\/available-truck-loads.php\">trailer orders<\/a>, combined with an increase in production, resulted in industry backlogs dropping 5 percent month over month. The industry order board ended June at 97,000 units, ACT said.<\/p>\n<p>\u201cThe fall-off in net orders was greater than anticipated,\u201d said Frank Maly, director CV <a href=\"http:\/\/www.findfreightloads.com\/\">Transportation Analysis <\/a>and Research with ACT. \u201cA positive factor to keep in mind is that cancellations of existing commitments on the order boards were not an issue; new order weakness was the cause.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Used Class 3-8 truck sales in June increased 9 percent over May despite a lack of available inventory, said ACT 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