COLUMBUS, Ohio — US fleets are only slightly more inclined to buy new equipment in the third quarter of 2009, according to the latest Fleet Sentiment Report Buying Index published by CK Commercial Vehicle Research.
The index rose just 1% from the second quarter. The buying index is a “simple measure of planned buying behaviour of for-hire, private and government fleets responding to CKCVR’s Fleet Sentiment quarterly questionnaire,” according to the researcher.
In July, 48% of fleets questioned said they would be placing orders for power equipment while 39% said they were planning to order trailers during the next three months. While it’s the highest reading since the third quarter of 2008, most respondents were planning small orders.