Fleet Purchases Projected to Increase in 2014: Survey

Oct. 30, 2013
Volumes for 2014 should increase over 2013 for all classes of vehicles, according to CK Commercial Vehicle Research’s 2013 Annual Fleet Study.

Volumes for 2014 should increase over 2013 for all classes of vehicles, according to CK Commercial Vehicle Research’s 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.  

Key points from this year's study include:

        More upside for 2014 orders than risks

         Percentage of survey participants planning equipment purchases in 2014 for Class 8 and trailer equipment similar to 2013

         Availability of drivers continues to impact planned purchases and ability to add capacity

           Specs 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+% 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, send an e-mail to [email protected] or visit www.ckcvr.com and click on 2013 Annual Fleet Study