The Cox Automotive summary reports that March 2021 was one of the strongest months in history. The growth in sales led to further declines in supply and corresponding increases in prices.
Used Class 8 truck sales improved 4% month-over-month in January, but sales were down 1% year-over-year compared to January 2019.
The new year will be a tough one for the trucking industry, according to Steve Tam, vice president of research for ACT Research.
FTR’s Trucking Conditions Index slipped into negative territory again for September when it hit its lowest point since May, reflecting a relatively weak environment for carriers.
Fleet sales are a very important component of the European automotive market, accounting for more than half of all vehicle sales in some country markets.
The tire market in Algeria is forecast to grow at a CAGR of over 6 percent through 2020. The passenger car tire market is the dominant segment in the country's tire market, followed by commercial vehicle tire and two-wheeler tire segments.
DHL SSA said it expects 2015 to be a year of growth for the logistics industry on the African continent, largely driven by increased consumer demand and the rapidly developing e-commerce industry.
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