Municipal truck sales first to rebound

Nov. 21, 2001
The current U.S. economic slowdown will restrain demand for some medium- and heavy-duty specialty trucks, but strong sales of trucks that serve the basic needs of municipalities will help prevent significant loss of market share, according to Toronto-based marketing company Frost & Sullivan. "Some segments of the specialty truck market are not immediately affected by the cycles of the economy," said
The current U.S. economic slowdown will restrain demand for some medium- and heavy-duty specialty trucks, but strong sales of trucks that serve the basic needs of municipalities will help prevent significant loss of market share, according to Toronto-based marketing company Frost & Sullivan.

"Some segments of the specialty truck market are not immediately affected by the cycles of the economy," said Frost & Sullivan analyst Alfonso Corredor. "The current downturn of the North American economy has not yet reduced demand for urban service trucks like refuse collectors, sweepers, sewer cleaners, firefighters and ambulances."

"A large portion of sales to municipalities and budgets are still strong," said Corredor. "National and local governments are still pouring a substantial amount of resources into replacements and increases of urban equipment."

Segments that will be most impacted are those that meet construction needs. Dumps, mixers and cranes could see lower demand in the short term. Nevertheless, all segments are expected to recover within a few years.

About the Author

Tim Parry

Sponsored Recommendations

Tackling the Tech Shortage: Lessons in Recruiting Talent and Reducing Turnover

Discover innovative strategies for recruiting and retaining tech talent in the trucking industry at our April 16th webinar, where experts will share insights on competitive pay...

Stop Sweating Temperature Excursions

Advanced chemical indicators give you the peace of mind that comes from reliable insights into your supply chains. Compromised shipments can be identified the moment they arrive...

Stop Sweating Temperature Excursions

Advanced chemical indicators give you the peace of mind that comes from reliable insights into your supply chains. Compromised shipments can be identified the moment they arrive...

How Electric Vehicles Help You Prolong the Life of Your Fleet

Before adopting electric vehicles for commercial/government fleets, prioritize cost inquiries. Maintenance is essential; understand the upkeep of EV fleets. Here’s what you need...

Voice your opinion!

To join the conversation, and become an exclusive member of FleetOwner, create an account today!