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.
The average price of total used Class 8 trucks in March was down 5% month-over-month, but remained 10% higher year-to-date, 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 used Class 8 same dealer sales volumes rose 25% m/m, but [...]
Source: HubSpot Blog Import