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: Demand Strength and Stagnating Freight Growth Continue for North American CV Industry According to ACT Research’s (ACT) latest State of the Industry: Classes 5-8 Report, April’s Class 8 metrics generally aligned with expectations, with the lone exception of cancellations, which continued to trend lower.
ACT Research: Trucker Profitability Expected to Roll-Over in 2H’19 According to ACT Research’s (ACT) latest release of the North American Commercial Vehicle OUTLOOK, 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 increasingly pressure rates and by extension, trucker [...]
In the release of its Commercial Vehicle Dealer Digest, ACT Research noted that the overall economic picture remains largely unchanged, with growth moderating in 2019 from last year’s vigorous pace. While slower growth is expected, the danger signals that were flashing at the start of the year have largely moderated, no longer signaling imminent danger. [...]
Preliminary North America Class 8 net order data show the industry booked 14,800 units in April, dropping a moderate 6.2% from March, but down 57% from year-ago April. Note that these numbers are preliminary. Complete industry data for April, including final order numbers, will be published by ACT Research in mid-May.
According to ACT Research’s (ACT) latest State of the Industry: Classes 5-8 Report, “’Almost exactly as expected’ would be a reasonable phrase for February’s crop of heavy truck data, particularly given well-behaved cancellations, steady build rates, and an order-to-build imbalance that is keeping backlogs falling from high levels.” Source: HubSpot Blog Import