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ACT: New equipment demand remains strong
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ACT: New equipment demand remains strong
COLUMBUS, Ind. — Demand for new equipment remains strong, buoyed by meaningfully improved freight rates, according to the latest release of ACT Research’s North American Commercial Vehicle OUTLOOK. “Underlining the robustness of the current demand environment has been the backlog boosting surge in tractor orders that began last December,” said Ken Vieth, ACT’s president and senior analyst. “Year-ago August tractor order backlogs fell to a nearly…
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