The latest release of ACT’s For-Hire Trucking Index showed an improvement in freight volumes and truck productivity in January, after a soft finish to 2018. The Volume Index rose to 52.0 in January, from 49.0 in December. Regarding the supply-demand balance reading, Tim Denoyer, ACT Research’s Vice President and Senior Analyst commented, “The recovery in […]
ACT Research For-Hire Trucking Index: Volumes Picked Up, But Supply-Demand Balance Loosened in January
Posted on 21. Feb, 2019 by Jennifer McNealy in ACT For-Hire Trucking Index, Press Releases
ACT Research: Industry Books 25,800 Net Orders in January, Generating Slight Backlog Growth to Open the New Year
Posted on 19. Feb, 2019 by Jennifer McNealy in Press Releases, Trailers
ACT’s preliminary estimate for January 2019 net trailer orders is 25,800 units. Final volume will be available later this month. Our methodology allows us to generate a preliminary estimate of the market that should be within +/- 3% of the final order tally. “While the industry had the weakest January order volume since 2016, it […]
ACT Research: Freight Rates and Trucker Profits Pressured In 2019
Posted on 19. Feb, 2019 by Jennifer McNealy in Classes 5-8, Press Releases
While overall economic conditions are better balanced than they were a month ago, freight data remain soft, according to ACT Research’s (ACT) latest State of the Industry: Classes 5-8 Report. “Slower freight growth, an easing of driver supply constraints, the resumption of the long-run freight productivity trend, and strong Class 8 tractor fleet growth will […]
ACT Research: Preliminary Used Class 8 Volumes Ticked Up in January
Posted on 13. Feb, 2019 by Jennifer McNealy in Press Releases, Used Trucks
Preliminary used Class 8 volumes (same dealer sales) improved moderately in January, rising 4% month-over-month, following two sequential declines, according to the latest preliminary release of the State of the Industry: U.S. Classes 3-8 Used Trucks published by ACT Research. However, the report indicated that longer-term comparisons yielded a 19% decline compared to January 2018. […]
ACT Research: ACT Sees Yellow Light Continuing to Burn for US Economy & NA CV Industry
Posted on 11. Feb, 2019 by Jennifer McNealy in Economy, NA CV OUTLOOK, Press Releases
According to ACT Research’s (ACT) latest release of the North American Commercial Vehicle OUTLOOK, yellow lights continue to flash for the US economy, and by extension for the North American commercial vehicle industry. “While the outlook has less of an orange tinge, sufficient caution flags remain to keep the yellow light burning regarding the near […]
ACT Research: NA Class 8 Orders Declined Sequentially and Year-Over-Year
Posted on 05. Feb, 2019 by Jennifer McNealy in Classes 5-8, Press Releases
Preliminary North America Class 8 net order data show the industry booked 15,800 units in January, down 26% from December and 68% from year-ago January. Note that these numbers are preliminary. Complete industry data for January, including final order numbers, will be published by ACT Research in mid-February. “With near-record backlogs in both the medium […]
ACT Research: Class 8 Natural Gas Truck Retail Sales Down 23% YTD Nov 2018
Posted on 28. Jan, 2019 by Jennifer McNealy in Alternative Fuels, Press Releases
US and Canadian Natural Gas Class 8 truck retail sales rose 13% in 2017, but shed 23% year-to-date through November 2018, according to a recent quarterly report (AFQ: Alternative Fuels Quarterly) released by ACT Research. Year-to-date sales at this point in 2017 were up 9%. “On a nominal basis, natural gas retail sales are down […]
ACT Research: Used Truck Prices Rose 10% in 2018, With Sales Volumes Increasing 8%
Posted on 25. Jan, 2019 by Jennifer McNealy in Press Releases, Used Trucks
The average price of total used Class 8 trucks sold in 2018 was up 10% compared to 2017, according to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research. The report also indicated that used Class 8 same dealer sales volumes fell 9% m/m, but rose […]
ACT Research: U.S. Trailer Orders Close 2018 Up 35%, As Industry Sets Annual Records For Net Orders and Production
Posted on 25. Jan, 2019 by Jennifer McNealy in Press Releases, Trailers
US trailer order volume slid sequentially for the third month in a row, but it’s all relative when one considers that nearly 28,000 net orders were posted in December, according to this month’s issue of ACT Research’s State of the Industry: U.S. Trailer Report. The report explains that the long-running order stream that started in […]
ACT Research: Supply and Demand-Side Triggers Impacting Heavy CV Markets
Posted on 23. Jan, 2019 by Jennifer McNealy in CV Dealer Digest, Press Releases
ACT Research recently noted, in the release of its Commercial Vehicle Dealer Digest, that heavy commercial vehicle markets continue to benefit from a still-broad spectrum of supply and demand-side triggers. Three of the key considerations ACT has been reviewing include the fact that freight rate markdown is from record levels, the addition of new technologies […]