Page 4 - Newcom

INSIDE THE NUMBERS
Purchasing Plans
Canadian motor carriers share their plans for fleet replacement
Almost two thirds of Canada’s carriers are planning replacements to their fleets this year, our latest annual Equipment Buying Trends Survey reveals. The survey also found that three quarters are planning replacements for 2019. Twenty three percent of survey respondents are on 4-5 year truck replacement cycles while another 23% are replacing their vehicles every 6-7 years. It’s interesting to note that almost 40% are hanging on to vehicles for 10 years or more.
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Main brand of HD vehicles in fleet
Other
17% 1%
9% 12%
10%
2-3 years
23% 4-5 years
6-7 years
Fleet activities
Trade in cycle for heavy duty vehicles
Freightliner
33% of respondents
International
12%
Kenworth
15%
Mack
9%
Peterbilt
10%
Volvo
12%
Western Star
4%
Other/NA
6%
Long haul
29%
of respondents
34%
Regional haul
Percentage of heavy duty vehicle fleet anticipate replacing by end of year
10 years or more
39% 7%
Forestry
of respondents
8%
Construction
Urban haul
23%
8-9 years
Percentage of heavy duty vehicle fleet anticipate replacing next year
Main brand of HD vehicles most likely to consider purchasing
Freightliner
23% of respondents
International
7%
Kenworth
14%
Mack
13%
Peterbilt
14%
Volvo
12%
Western Star
6%
Other/Don’t Know
11%
More than 30% 30% of fleet 4%
More than 30%
10%
30% of fleet
7%
13%
0% of fleet
35%
of respondents
0% of fleet of respondents
39%
10% of fleet
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5%
25%
20% of fleet
27%
20% of fleet
36%
10% of fleet
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4 TruckWest•October2018
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