SOUTHFIELD, Mich.–(BUSINESS WIRE)–IHS Markit (Nasdaq: INFO) has partnered with the National Truck
Equipment Association (NTEA) to share expanded insights on the
commercial vehicle market with NTEA members through a new solution
launching during the Work Truck Show in Indianapolis March 5-8, 2019.
The solution, WorkTruckCert, uses VIN decoding software from IHS Markit
to enable end-users to more easily complete upfit certification labels.
Future enhancements will provide users with supplemental data elements
about fleet composition from the IHS Markit TIPNet solution.
Through this partnership, IHS Markit data subscribers will be able to
access previously unavailable detailed information on upfitting of more
than one million straight and box trucks across the GVW 1-8 market
segments, including bodystyle and vocational use. This level of insight
will enhance the current TIPNet solution offered by IHS Markit and allow
commercial vehicle data customers access to select detail on these key
attributes to help them with business planning and strategy decisions.
“We’re pleased to partner with NTEA on this unique initiative for
WorkTruckCert,” said Dawn Brusseau, associate director, commercial
vehicle solutions at IHS Markit. “Our arrangement with NTEA will offer
one of the industry’s most comprehensive views of the market across all
truck classes and types, enabling better decision making.”
The medium-duty commercial vehicle market continues to expand with
steady year-over-year growth. In 2018, the market grew by 17,000 new
registrations of class 6 and 7 trucks. The growth in the medium duty
market segment is linked to the growing regional distribution and
expansion of e-commerce. Other factors include driver shortage as fleets
and trucking companies experience difficulties hiring CDL-holding
drivers to operate the biggest trucks.
“Through our partnership with NTEA and the bodybuilder community we are
able to expand our data performance capabilities and provide a
comprehensive look at the commercial vehicle equipment enhancements and
trends in medium duty vehicle modifications,” Brusseau said.
IHS Markit Demonstrations and Presentations at NTEA
IHS Markit will demonstrate its commercial vehicle solutions suite and
the WorkTruckCert solution during the upcoming NTEA Work Truck Show in
Indianapolis, March 5-8, 2019. Experts will be on hand for product
demonstrations and discussions. IHS Markit demonstrations will take
place in the NTEA booth, #3400 on March 6 and 7 during show hours.
Pre-scheduled demonstrations are also available and can be arranged. In
addition, Andrej Divis, director of MHCV forecasting at IHS Markit, will
present a Work Truck Industry Overview and Outlook on March 5 from
1:30–2:45 p.m. as part of the conference educational program.
About IHS Markit (www.ihsmarkit.com)
IHS Markit (Nasdaq: INFO) is a world leader in critical information,
analytics and solutions for the major industries and markets that drive
economies worldwide. The company delivers next-generation information,
analytics and solutions to customers in business, finance and
government, improving their operational efficiency and providing deep
insights that lead to well-informed, confident decisions. IHS Markit has
more than 50,000 business and government customers, including 80 percent
of the Fortune Global 500 and the world’s leading financial
institutions. Headquartered in London, IHS Markit is committed to
sustainable, profitable growth.
Automotive offerings and expertise at IHS Markit span every major market
and the entire automotive value chain—from product planning to
marketing, sales and the aftermarket. For additional information, please
or email [email protected].
IHS Markit is a registered trademark of IHS Markit Ltd. and/or its
affiliates. All other company and product names may be trademarks of
their respective owners © 2019 IHS Markit Ltd. All rights reserved.
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