Heartland Express, Inc. Declares Regular Quarterly Dividend
Trailer Orders Are Up but Still Below Last Year’s Levels
Preliminary numbers for U.S. net trailer orders are projected to be up in August after weak order numbers in July, according to ACT Research.
ACT is projecting trailer orders of 15,300 units, up from a dismal 10,147 orders in July. July was the weakest order month since January 2010 and was down nearly 25% from June.
“Volume rebounded in August after a dramatically weak July,” said Frank Maly, ACT's director of commercial vehicle transportation analysis and research. “While the 50% month-to-month gain for the industry was certainly welcome news, that progress is somewhat tempered by the year-over-year performance; net orders are down almost 38% versus August 2015.”
While August is typically a modest month for orders, the weak numbers so far compared with last year could indicate that fleets are cautious about committing to new trailer orders into next year.
“Year-over-year performance implies caution by fleets regarding their investment commitments, and likely sets the industry up for a restrained 2016/17 order season,” said Maly. “Initial reports also indicated higher cancellation activity in August, a further indication of shifting fleet intentions.”
Analysts at Stifel Transportation and Logistics expect September orders to increase over August but said they will still fall short of last year's numbers. Manufacturers will more fully open their order books for 2017 in September to fleets.
Related: Trailer Aerodynamics Not Overly Popular, Study Shows
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Carrier Centers Adds Isuzu Shop
Gates Offers Fiber Hose in New Bulk Size
Gates Fiber Braid Lock-On Hose is a reinforced hose available in 300-foot bulk reel and 50-foot packaging.
The fiber-braid hose is designed for petroleum-based hydraulic oils, glycol antifreeze compounds, water, engine lubricating oils and air.
It has an oil and mildew resistant cover, a 300-p.s.i working pressure and meets specific performance requirements for fuel and B20 biodiesel fuel transfer applications up to 125 degrees Fahrenheit.
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Phillips Expands Permalite XT Lighting Lineup
Phillips Industries' Permalite XT 4-inch round clear reverse light offers high durability with improved resistance to impacts, corrosion, harsh chemicals and UV exposure.
The reverse light has 9 diodes, uses Boardfree technology and comes in either flange or grommet mount. The lights can be mounted in any direction and still meet SAE R and DOT specifications. The integrated male 3-pin AMP connector is sealed and greased to keep corrosion-causing contaminants out.
Phillips has also released a ¾-inch round hard-wired light to be used as an alternative when space is restricted. They are constructed with a polycarbonate lens and the housing is sealed to protect the three diodes inside from outside contaminants and moisture.
The lights are available with a variety fo lens colors and wiring configurations for single or dual function marker/clearance, auxiliary and license lighting applications. All hard wired lights include their correlating mounting grommet.
The 2.0-inch and 2.5-inch mounting adapter plates constructed of non-corrosive polycarbonate material are being introduced to upgrade from traditional 2.0-inch and 2.5-inch flange style lights to smaller, more efficient LED lights.
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