Are There New Opportunities in Commercial Truck/Trailer Repair?
There is a new record for used commercial vehicles registered in the first half of 2010 according to the R. L. Polk Co. This new record represents an increase of almost seventy-five percent (75%) of used commercial vehicle sales in 2009 and is an increase of almost thirty percent (30%) over the first half of 2009. Polk also reports that 2010 is the first year registrations of used commercial vehicles have seen this kind of growth since 2004. This is huge for parts manufacturers and suppliers that rely on big-truck repair and replacement. Is this indicative of a “bull market” in the trucking/transportation industry as well as national economic recovery? Some industry pundits believe fleet owners and operators are upgrading to newer vehicles due to more available clean, used equipment. Others would say that fleet owners are upgrading to meet new emission requirements. Used truck prices also are not as inflated as before 2004. Also, many fleet operators and owner-operators waited for manu
