Kenny’s Interview on Heavy Duty Trucks Still Relevant?

Kenny's Interview on Heavy Duty Trucks Still Relevant? On February 4, 2019, Kenny Vieth gave an interview with CNBC's Nightly Business Report. At that time the commercial vehicle trucking industry was coming out of a record setting year, 490,000 heavy duty, class 8 orders. However, questions were being asked about industry capacity and the potential [...]

Kenny’s Interview on Heavy Duty Trucks Still Relevant?2019-08-29T15:14:24-04:00

ACT Research For-Hire Trucking Index: Weak Q2 Finish

ACT Research For-Hire Trucking Index: Weak Q2 Finish The latest release of ACT’s For-Hire Trucking Index, June data, showed nearly across-the-board declines, with capacity again the lone exception. The Volume Index dropped further into negative territory, falling to 43.2 (SA) in June, from 46.7 in May. The June Pricing Index, at 43.8 (SA), recovered a [...]

ACT Research For-Hire Trucking Index: Weak Q2 Finish2019-07-19T11:26:33-04:00

ACT Research: Industry Currently Astride Class 8 Demand Inflection

ACT Research: Industry Currently Astride Class 8 Demand Inflection According to ACT Research’s (ACT) latest State of the Industry: Classes 5-8 Report, June’s Class 8 order broke the string of falling order volumes, with the opening of 2020 order books, garnering a 19% rebound. While better orders slowed the rapid backlog decline, the situation is [...]

ACT Research: Industry Currently Astride Class 8 Demand Inflection2019-07-18T08:24:33-04:00

ACT Research: Current Class 8 Market Activity Rapidly Approaching Precipice

ACT Research: Current Class 8 Market Activity Rapidly Approaching Precipice According to ACT Research’s (ACT) latest release of the North American Commercial Vehicle OUTLOOK, current Class 8 build rates may suggest upside to the 2019 forecast, but large new inventories and deteriorating freight and rate conditions suggest erring on the side of caution remains the [...]

ACT Research: Current Class 8 Market Activity Rapidly Approaching Precipice2019-07-11T14:12:54-04:00

ACT Research: NA Medium and Heavy-Duty Volumes Rise Incrementally in June

ACT Research: NA Medium and Heavy-Duty Volumes Rise Incrementally in June Preliminary North America Class 8 net order data show the industry booked 13,100 units in June, gaining 20% from May’s three-year low, but down a significant 69% from year-ago June’s very tough comparison. Note that these numbers are preliminary. Complete industry data for June, [...]

ACT Research: NA Medium and Heavy-Duty Volumes Rise Incrementally in June2019-07-03T08:15:16-04:00

ACT Research: Class 8 Cancellations Surprise on the Low Side; Demand Strong, but Freight Metrics Softening

ACT Research: Class 8 Cancellations Surprise on the Low Side; Demand Strong, but Freight Metrics Softening According to ACT Research’s (ACT) latest State of the Industry: Classes 5-8 Report, May’s Class 8 metrics generally aligned with expectations, with the lone exception of cancellations, which continued to surprise on the low side. Additional data for the [...]

ACT Research: Class 8 Cancellations Surprise on the Low Side; Demand Strong, but Freight Metrics Softening2019-06-20T14:41:27-04:00

ACT Research: When Change Comes, It Is Likely to Come Fast

ACT Research: When Change Comes, It Is Likely to Come Fast According to ACT Research’s (ACT) latest release of the North American Commercial Vehicle OUTLOOK, current Class 8 build rates suggest upside to the 2019 forecast, but large new truck inventories and deteriorating freight and rate conditions suggest erring on the side of caution remains [...]

ACT Research: When Change Comes, It Is Likely to Come Fast2019-06-10T16:00:58-04:00

ACT Research: NA Medium and Heavy-Duty Volumes Softened in May

ACT Research: NA Medium and Heavy-Duty Volumes Softened in May Preliminary North America Class 8 net order data show the industry booked 10,800 units in May, dropping 27% from April, but down a more significant 70% from year-ago May. Note that these numbers are preliminary. Complete industry data for May, including final order numbers, will [...]

ACT Research: NA Medium and Heavy-Duty Volumes Softened in May2019-06-04T22:26:57-04:00

ACT Research: Class 8 Production to Grow in 2019, Diesel Power Still Dominating, and Truck Demand More Stable Than Tractors

ACT Research: Class 8 Production to Grow in 2019, Diesel Power Still Dominating, and Truck Demand More Stable Than Tractors According to the recently released N.A. Commercial Vehicle On-Highway Engine OUTLOOK, published by ACT Research and Rhein Associates, Class 8 production is expected to continue growing in 2019, before an anticipated drop late in the [...]

ACT Research: Class 8 Production to Grow in 2019, Diesel Power Still Dominating, and Truck Demand More Stable Than Tractors2019-05-30T12:43:54-04:00

ACT Research: While Class 8 Measures Are at Cycle Highs, Trailer Orders Are Weak

ACT Research: While Class 8 Measures Are at Cycle Highs, Trailer Orders Are Weak According to ACT Research’s recently released Transportation Digest, Class 8 retail sales and build remain at cycle highs, but signs are multiplying that the market momentum will start declining during the second half of this year. At the same time, net [...]

ACT Research: While Class 8 Measures Are at Cycle Highs, Trailer Orders Are Weak2019-05-20T16:43:18-04:00