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Apr 21, 2005

PRICES - USA - Truck, equipment costs still set to rise

USA -Fleet Owner(subscription),by Terrence Nguyen -Apr 20 2005: --
Rising material costs, component shortages and lengthy backlogs are prompting OEMs and equipment makers to slap fleet operators with premiums on vehicles such as trailers and heavy trucks. Trailers and heavy truck prices rose 7.3% and 3.2% in March 2005 compared to March 2004, respectively according to the Bureau of Labor Statistics (BLS). The price of tires, tubes and treads increased 4.4% year-over-year (YOY) in March, BLS said... And with new orders of trucks accelerating, buyers should not expect any rollback in prices anytime soon... http://fleetowner.com/news/topstory/truck_equipment_trailer_tires_price_increase_042005/

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