For More Information Contact:
Chris Kemmer
CK Commercial
Vehicle Research
614-459-9369
FOR IMMEDIATE RELEASE
Fleet Sentiment Report Buying Index Reflects
Stronger Purchasing Plans versus Year Ago
Columbus, OH (November 2, 2011) The Q4 2011 FSR Buying Index as reported in the Fleet Sentiment Report published by CK Commercial Vehicle Research (ckcvr.com) at 89.2 reflects a 22% improvement over the same quarter in 2010. CKCVR surveys for-hire, private and government fleet representatives quarterly to determine their short range order plans for both power units and trailers. The FSR Index is derived from that information and is calculated by combining the estimated size of the planned truck and trailer orders for the group reporting along with the percentage of report participants who indicate they will likely place orders.
The Q4 2011 Fleet Sentiment Report shows solid planned order activity especially at larger fleet operations. A majority of fleets surveyed in October reported equilibrium between their available equipment and the amount of freight they have to haul. However, almost half continue to be limited by driver shortage issues either to fill current seats or for any additional capacity plans. More information about the Fleet Sentiment Report and how to subscribe can be found at http://www.ckcvr.com/FSR.html
CKCVR regularly polls a group of small, medium and large for-hire, private and government fleet operators about their equipment purchasing plans and overall fleet environment. The quarterly Fleet Sentiment survey includes questions about short and longer term equipment buying plans, preferred OEM, new specs, current fleet capacity vs. freight demand, equipment utilization rates including the percent of parked vehicles, 2010 emission engine choices, the impact of a driver shortage and a product discussion. Complete survey results are reported in the Fleet Sentiment Report, a quarterly report of CK Commercial Vehicle Research. For more information about the Fleet Sentiment Report or other fleet studies conducted by CKCVR send an e-mail to chris@ckcvr.com or call 614-459-9369.
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