ACT Research: Rapid Freight Rate Improvement Contributes to Spike in June NA Class 8 Net Orders
ACT Research: Rapid Freight Rate Improvement Contributes to Spike in June NA Class 8 Net Orders Preliminary NA Class 8 net orders in June were 16,000 units, rising 139% from May, and up 23% from a very easy year-ago comparison. The NA Classes 5-7 market saw orders improve 77% month-over-month, despite being down 20% from […]
ACT Research: Severe Setback for China’s CV Markets in Q1, Some Segments to Improve in Q2
ACT Research: Severe Setback for China’s CV Markets in Q1, Some Segments to Improve in Q2 According to the recent release of ACT Research’s China Commercial Vehicle OUTLOOK, China’s heavy and medium commercial vehicle markets suffered a severe setback in Q1’20 due to the COVID-19 virus. The truck portion of China’s commercial vehicle market has […]
ACT Research: May Used Truck Metrics Show Volumes and Age Down M/M, Price and Miles Up
ACT Research: May Used Truck Metrics Show Volumes and Age Down M/M, Price and Miles Up According to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research, used Class 8 same dealer sales volumes dropped 12% month-over-month in May, with longer-term sales down 20% year-over-year compared […]
ACT Research: US Economy Better Than A Month Ago, CV Industry Looking Toward Recovery
ACT Research: US Economy Better Than A Month Ago, CV Industry Looking Toward Recovery In the release of its Commercial Vehicle Dealer Digest, ACT Research found much more to like about the state of the economy today than was visible on month ago, now that the US re-opening is underway.
ACT Research: COVID-19 Impact Continues, But Improvement Showing in Data
ACT Research: COVID-19 Impact Continues, But Improvement Showing in Data According to ACT Research’s recently released Transportation Digest, the shock waves of the COVID-19 recession continue to depress both the North American and global economies, with June marking the fourth month of what will go down in the record books as the most severe business […]
ACT Research For-Hire Trucking Index: May’s Rebounds to Neutral Territory Are Marked Improvement from April’s “Worst Readings” In History
ACT Research For-Hire Trucking Index: May’s Rebounds to Neutral Territory Are Marked Improvement from April’s “Worst Readings” In History
ACT Research: U.S. Trailer Net Orders Record Significant Sequential Improvement in May, But 71% Lower Y/Y
ACT Research: U.S. Trailer Net Orders Record Significant Sequential Improvement in May, But 71% Lower Y/Y May net US trailer orders of 3,107 units were a significant improvement from April, but net orders remain below May 2019’s level, down 71%. Before accounting for cancellations, new orders of 7.4k units were up 29% versus April, according […]
ACT Research: May CV Data Showing Pandemic’s Mark
ACT Research: May CV Data Showing Pandemic’s Mark According to ACT Research’s (ACT) latest State of the Industry: NA Classes 5-8 Report, the economy continues to re-open with some very big numbers being reported on easy comparisons, after falling sharply the past few months. Additionally, the report noted that ACT Research has created an easily […]
