Tag Archives: Class 8 trucks

AKE’S TAKE: Is the Gopher Moving From Caution to Confidence?

Economic calamities result in changes in micro-economic behavior which can last for years. My grandfather had accounts at eight different banks, just in case seven of the banks failed; my grandmother dutifully recycled her aluminum foil, 25 years after the Great Depression had ended. People fear that bad times might return, which causes them to… Read More »

AKE’S TAKE: The Truck Market Says a Recession is Coming Soon

Right into the Danger Zone Highway to the Danger Zone Right into the Danger Zone                            – Kenny Loggins Economic recessions are incredibly hard to predict. The next one, even more so, because the Great Recession was so impactful that some economic indicators and industry cycles have yet to return to a “normal” state. This… Read More »

AKE’S TAKE: A Bumpy Landing for Class 8 Trucks

Class 8 truck orders for Q4 are down 46% versus last year. The market that looked so strong just a few months ago, has taken a pronounced downturn recently. Production rates are falling and OEMs are laying off thousands of workers. What is happening, and why is it happening now? Industry and financial experts started… Read More »