Heavy Duty Trucking, April 2018
SAVINGSEVERY MILE Detroit engines are designed to deliver the best in power and efficiency no matter which one you choose Pair it with a Detroit transmission and axles and youll have a package engineered to work together as one backed by a single manufacturer for greater efficiency and profitability Find out more atwesternstar com powertrainDaimler 92173 Western Star Saving Every Mile Print Ad 4C 1 3 Page Heavy Duty Trucking92173_ APRIL 2018 HDT 21 WWW TRUCKINGINFO COM Hotline TRUCKINGS MOST RESPECTED BUSINESS REPORT Industry wary of proposed tariffs on steel aluminum imports President Donald Trumps plan to place a 25 tariff on steel imports and a 10 tariff on aluminum imports could result in higher prices for trucks and trailers The Motor Equipment Manufacturers Association which also includes the Heavy Duty Manufacturers Association opposes the tariffs The association represents more than 1000 companies that manufacture vehicle parts and components We have voiced repeatedly that while we support the administrations focus on strong domestic steel and aluminum markets tariffs limit access to necessary specialty products raise the cost of motor vehicles to consumers and impair the industrys ability to compete in the global marketplace said Steve Handschuh MEMAs president and CEO Engine manufacturer Cummins noted in a statement that it wont know the full impact until the final rule is released but it referred to statements that it had previously made independently and in conjunction with the organization Business Roundtable voicing concerns that such actions will hurt American businesses workers and consumers Several commercial vehicle manufacturers declined to comment but a Navistar representative affirmed the companys support for free trade and global supply chains and cautioned against tariffs that could impact U S manufacturer cost competitiveness and quality If these tariffs are enacted thered be a significant impact to the commodities that are key components of commercial vehicles making them more expensive for us to make and ultimately for our customers to purchase Until seeing the final executive order were not going to speculate further on the impact of this tariff the company stated Steven Martinez SPOT FREIGHT INDEX Information provided by DAT Solutions INDEX YEAR 2000 100 February spot market rates see seasonal dip Spot truckload freight volume and rates declined seasonally in February typically the slowest month for freight as the DAT North American Freight Index fell 14 compared to January but this was the second strongest February in 20 years The index of available loads rose 62 compared to February 2017 The national average spot van rate was 213 per mile in February down 11 cents compared to January but 52 cents higher than February 2017 200300400500600700800DECNOVOCTSEPAUGJULJUNMAYAPRMARFEBJAN DEC 2014 2015 2016 2017 2018
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