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Trucking Industry Growth For 2012: Analysts Temper Expectations

ACT

Trucking Industry Growth Will Moderate

Trucking industry growth is on the minds of many analysts. ACT Research  is sticking with its forecast for moderate economic growth this year, having  determined that the recent softening in truck orders does not reflect a wider economic trend.

The research firm has just reported that it continues to believe that U.S. economic activity in 2012 will expand at a moderate pace of 2.2% with slow employment growth acting as a brake on more robust growth¦. The March and April softening in Class 8 truck orders  to ˜below expectations’ was insufficient to cause the existing ACT build and sales forecasts to be lowered.

Find out more about extended expectations for trucking industry growth at Fleet Owner Magazine.