ACT Research https://www.actresearch.net ACT Research is the leader in market data, industry analysis, and forecasting for the commercial vehicle and transportation markets. We provide a strategic view to help businesses plan for tomorrow. en-us Excessive Inventories A Headwind for Demand https://www.actresearch.net/resources/blog/northamerica-commercialvehicle-forecast-blog Thu, 12 Sep 2024 08:30:00 -0400 ACT Research https://www.actresearch.net/resources/blog/northamerica-commercialvehicle-forecast-blog Excessive inventories cloud both the front and back ends of the demand arc, as published in the latest release of the North American Commercial Vehicle OUTLOOK. Strong orders in Q4 and into Q1 are imperative.” NA CV Forecast Report Overview The NA CV forecast reports on the trucking industry…. Read the full post at https://www.actresearch.net/resources/blog/northamerica-commercialvehicle-forecast-blog Preliminary Class 8 Truck Net Orders in August https://www.actresearch.net/resources/blog/north-america-class-8-blog Thu, 05 Sep 2024 01:30:00 -0400 ACT Research https://www.actresearch.net/resources/blog/north-america-class-8-blog August preliminary North America Class 8 net orders were 16,400 units, up m/m but down 16% y/y. As such, the month enjoys a large seasonal factor that boosts Class 8 orders nearly 12% above nominal levels to 18,600 units.” NA Classes 5-7 Net Orders - August 2024 Prelim Regarding medium duty, he…. Read the full post at https://www.actresearch.net/resources/blog/north-america-class-8-blog Used Class 8 Truck Retail Sale Price Made Good Progress in July https://www.actresearch.net/resources/blog/us-classes3-8-used-trucks-blog Thu, 29 Aug 2024 07:15:00 -0400 ACT Research https://www.actresearch.net/resources/blog/us-classes3-8-used-trucks-blog Classes 3-8 Used Trucks by ACT Research, the used Class 8 average retail sale price made good progress in July, rising 2.3% m/m, to $55,800. Classes 3-8 Used Trucks Report Overview ACT’s Classes 3-8 Used Truck report provides data on the average selling price, miles, and age based on a sample of…. Read the full post at https://www.actresearch.net/resources/blog/us-classes3-8-used-trucks-blog Preliminary Net Trailer Orders Indicate Pause Button Remains Pressed https://www.actresearch.net/resources/blog/state-of-industry-u.s.-trailers-blog Fri, 16 Aug 2024 12:40:00 -0400 ACT Research https://www.actresearch.net/resources/blog/state-of-industry-u.s.-trailers-blog Preliminary net trailer orders rose about 1,000 units from June to July, but at 7,200 units, were lower compared to last July, down 37% y/y. US Trailer Net Orders “This month’s data brings YTD 2024 US trailer net orders to just under 82,000 units, a 26% contraction when compared to the first seven…. Read the full post at https://www.actresearch.net/resources/blog/state-of-industry-u.s.-trailers-blog Trucking Industry Forecast for 2024 https://www.actresearch.net/resources/blog/trucking-industry-forecast-2024 Fri, 02 Aug 2024 01:30:00 -0400 ACT Research https://www.actresearch.net/resources/blog/trucking-industry-forecast-2024 Trucking Industry Trends Closing in on Freight Market Balance The freight market continues to be characterized by overcapacity, and with private fleets engaging in spot activity more than in past cycles, spot rates remain only slightly above the late-2023 lows. Class 8 tractor backlogs are…. Read the full post at https://www.actresearch.net/resources/blog/trucking-industry-forecast-2024 What is Freight Volume? https://www.actresearch.net/resources/blog/freight-volume Fri, 02 Aug 2024 01:30:00 -0400 ACT Research https://www.actresearch.net/resources/blog/freight-volume Freight volume refers to the amount of goods, import and export, moving through the transportation industry. ACT uses the Cass Freight Index®, which measures freight volumes and expenditures, and the Truckload Linehaul Index®, a pricing indicator, to forecast freight demand. Freight Volume…. Read the full post at https://www.actresearch.net/resources/blog/freight-volume Closing in on Freight Market Balance https://www.actresearch.net/resources/blog/freight-forecast-blog Fri, 19 Jul 2024 08:00:00 -0400 ACT Research https://www.actresearch.net/resources/blog/freight-forecast-blog The freight market continues to be characterized by overcapacity, and with private fleets engaging in spot activity more than in past cycles, spot rates remain only slightly above the late-2023 lows, according to the latest release of the freight & transportation forecast. Storms during stronger…. Read the full post at https://www.actresearch.net/resources/blog/freight-forecast-blog What are Freight Rates? https://www.actresearch.net/resources/blog/what-are-freight-rates Thu, 30 May 2024 09:50:00 -0400 ACT Research https://www.actresearch.net/resources/blog/what-are-freight-rates Freight rates refer to the cost shippers pay carriers to haul their products within the truckload (TL) market. Freight rates are calculated based on many factors not limited to economic demand, fleet capacity, fuel prices, weight, size, distance, and the type of goods being shipped. It’s important…. Read the full post at https://www.actresearch.net/resources/blog/what-are-freight-rates The Freight Cycle and Supply Visibility https://www.actresearch.net/resources/blog/supply-visibility Tue, 05 Mar 2024 09:00:00 -0500 ACT Research https://www.actresearch.net/resources/blog/supply-visibility After attending ACT Research's Market Vitals: The Current and Future Health of the Market Seminar 70 on February 21-22, David Spencer from Arrive Logistics and Tim Denoyer from ACT Research reflected on the current freight market and what the trucking industry can expect over the next six months…. Read the full post at https://www.actresearch.net/resources/blog/supply-visibility Forecast Anticipates BEV Adoption Rates to Drive Industry Decarbonization Goals https://www.actresearch.net/resources/blog/northamerica-commercialvehicle-decarb-forecast-blog Mon, 05 Feb 2024 08:30:00 -0500 ACT Research https://www.actresearch.net/resources/blog/northamerica-commercialvehicle-decarb-forecast-blog ACT Research’s recently released decarbonization forecast, North America Commercial Vehicle OUTLOOK Plus , incorporates expected advancements in zero-emission technologies of battery-electric vehicles (BEV), fuel cell-electric vehicles (FCEV), and natural gas (NG) as an alternative decarbonization…. Read the full post at https://www.actresearch.net/resources/blog/northamerica-commercialvehicle-decarb-forecast-blog Trucking Industry Forecast for 2023 https://www.actresearch.net/resources/blog/trucking-industry-forecast-2023 Fri, 03 Nov 2023 10:00:00 -0400 ACT Research https://www.actresearch.net/resources/blog/trucking-industry-forecast-2023 Trucking Industry Trends For-Hire Survey Suggests a Gradually Improving Freight Market ACT's Volume Index fell 4.9 points in September to 49.5 seasonally adjusted (SA), from 54.4 in August. The trucking industry has broadly reached an uncomfortable equilibrium with spot rates steady for several…. Read the full post at https://www.actresearch.net/resources/blog/trucking-industry-forecast-2023 On The Road With Accelera By Cummins: FCEV https://www.actresearch.net/resources/blog/alternative-to-diesel-h2-ice Mon, 23 Oct 2023 09:50:00 -0400 ACT Research https://www.actresearch.net/resources/blog/alternative-to-diesel-h2-ice Where do we get the hydrogen fuel? Part 3 of this series concentrates on what fuel cell electric vehicle (FCEV) alternatives have to offer. The fuel tanks may be different, but overall, the vehicle is pretty much the same. The zero-emissions path will have fuel cells, hydrogen tanks, electric…. Read the full post at https://www.actresearch.net/resources/blog/alternative-to-diesel-h2-ice Class 8 Truck Sales Forecast for 2023 https://www.actresearch.net/resources/blog/class-8-truck-sales-forecast Thu, 05 Oct 2023 11:00:00 -0400 ACT Research https://www.actresearch.net/resources/blog/class-8-truck-sales-forecast Class 8 Truck Orders Truck Order Backlog On continued strong build rates and seasonally weak order volumes, the Class 8 backlog fell to 152,608 units in August. Truck Order Cancellations Class 8 cancellations increased to 2.5% of backlog in August, above the long-term average of 2%.. Read the full post at https://www.actresearch.net/resources/blog/class-8-truck-sales-forecast Market Vitals: Seminar 69 Market Update https://www.actresearch.net/resources/blog/market-updates Sun, 17 Sep 2023 09:00:00 -0400 ACT Research https://www.actresearch.net/resources/blog/market-updates along with Steve Tam from ACT Research reflected on economics, the development of clean technology, the dealer market, pent-up demand + prebuy, and the used and medium-duty sectors. Scroll down to view the full conversation between Kirk and Steve. We know where the challenges are, and we know what…. Read the full post at https://www.actresearch.net/resources/blog/market-updates Half of all Commercial Vehicles will be Zero Emissions by 2040 https://www.actresearch.net/resources/blog/charging-forward-blog Tue, 12 Sep 2023 08:00:00 -0400 ACT Research https://www.actresearch.net/resources/blog/charging-forward-blog Rundle concluded, “By 2040 we are forecasting that adoption of ZEVs will account for just slightly above 50%—essentially half of all CVs will be zero emissions, primarily BEVs.” CHARGING FORWARD is an economic-driven, bottoms-up analysis of the North American battery and fuel cell electric vehicle…. Read the full post at https://www.actresearch.net/resources/blog/charging-forward-blog Class 8 Natural Gas Truck Retail Sales Remain Fickle in Q1 https://www.actresearch.net/resources/blog/alternative-fuels-quarterly-blog Thu, 20 Apr 2023 08:30:00 -0400 ACT Research https://www.actresearch.net/resources/blog/alternative-fuels-quarterly-blog Sales of natural gas-powered vehicles were mixed in the December to February timeframe, according to the latest Alternative Fuels Quarterly by ACT Research. Through the first two months of 2023, reporting OEMs have sold 403 NG-powered Class 8 units.” Alternative Fuels Quarterly Report Overview The…. Read the full post at https://www.actresearch.net/resources/blog/alternative-fuels-quarterly-blog The Hype and the Reality are Coming Together: NTEA Work Truck Week Recap https://www.actresearch.net/resources/blog/the-hype-and-the-reality-are-coming-together-ntea-work-truck-show-recap Wed, 12 Apr 2023 16:07:00 -0400 ACT Research https://www.actresearch.net/resources/blog/the-hype-and-the-reality-are-coming-together-ntea-work-truck-show-recap From alternative fuel vehicles to telematics and safety technologies, there was something for everyone at this event; with product announcements and customer conversations, Work Truck Week gave these two industry experts a chance to identify the challenges and opportunities from manufacturers,…. Read the full post at https://www.actresearch.net/resources/blog/the-hype-and-the-reality-are-coming-together-ntea-work-truck-show-recap Chinese Truck Market Demand Started to Reverse Downward Trajectory in Q4’22 https://www.actresearch.net/resources/blog/china-commercial-vehicle-forecast-blog Tue, 04 Apr 2023 16:03:00 -0400 ACT Research https://www.actresearch.net/resources/blog/china-commercial-vehicle-forecast-blog While demand for heavy trucks, medium trucks, and tractors started the process of reversing their downward trajectory as the Chinese economy reopened, according to the recent release of ACT Research’s China commercial vehicle forecast. China CV Forecast Report Overview The China CV forecast ,…. Read the full post at https://www.actresearch.net/resources/blog/china-commercial-vehicle-forecast-blog Battery Electric Truck Production Expected to Triple in 2023 https://www.actresearch.net/resources/blog/na-on-highway-engine-forecast-blog Tue, 04 Apr 2023 16:03:00 -0400 ACT Research https://www.actresearch.net/resources/blog/na-on-highway-engine-forecast-blog But instead of being centered in 1H’23, our current thinking aligns downturn timing with the game of chicken being played in DC around the debt-ceiling and US credit worthiness.” The NA on-highway engine forecast , published by ACT Research and Escelant [ Rhein Associates ], highlights power-source…. Read the full post at https://www.actresearch.net/resources/blog/na-on-highway-engine-forecast-blog Transportation Transparency https://www.actresearch.net/resources/blog/transportation-transparency Sun, 19 Feb 2023 10:57:00 -0500 ACT Research https://www.actresearch.net/resources/blog/transportation-transparency Freight rates and volumes are directly impacted by supply and demand. Today, we're still seeing signs of "stronger for longer" rates that favor carriers, all because the supply chain issues are impacting the production of new Class 8 tractors. The current market, while exaggerated, is a microcosm…. Read the full post at https://www.actresearch.net/resources/blog/transportation-transparency Relationship Building: Class 8 Tractors & U.S. Fleet Size https://www.actresearch.net/resources/blog/relationship-building-class-8-tractors-u-s-fleet-size Sun, 19 Feb 2023 10:53:00 -0500 ACT Research https://www.actresearch.net/resources/blog/relationship-building-class-8-tractors-u-s-fleet-size Demand - Supply = Price. What is the supply or capacity, and how will that impact freight rates? Rates, or price, are a major concern to all classifications of businesses within the supply chain and logistics spectrum. To understand both demand and supply and how they’ll interact to drive price.…. Read the full post at https://www.actresearch.net/resources/blog/relationship-building-class-8-tractors-u-s-fleet-size The Truckload Cycle: Demand Drivers of Freight https://www.actresearch.net/resources/blog/truckload-cycle-demand-drivers-of-freight Sun, 19 Feb 2023 10:49:00 -0500 ACT Research https://www.actresearch.net/resources/blog/truckload-cycle-demand-drivers-of-freight The historical truckload cycle gives insights into the current truckload environment and what to anticipate as we measure the demand and supply of the freight market. If we start in a loose to roughly balanced supply-demand environment, the cycle begins with freight growth leading to tightening…. Read the full post at https://www.actresearch.net/resources/blog/truckload-cycle-demand-drivers-of-freight Why Class 8 Build & Sales Data? https://www.actresearch.net/resources/blog/class-8-build-sales-data Sun, 19 Feb 2023 10:35:00 -0500 ACT Research https://www.actresearch.net/resources/blog/class-8-build-sales-data fleet size and market capacity through our Class 8 tractor build and sales data. Coupling our Class 8 tractor population with industry data, like Cass and DAT, you’ll gain a more accurate view of the capacity of the freight market. Analysis In addition to recording the historical Class 8 production…. Read the full post at https://www.actresearch.net/resources/blog/class-8-build-sales-data