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 Class 8 Truck Preliminary Net Orders Lower in April, as Seasonally Expected https://www.actresearch.net/resources/blog/north-america-class-8-blog Thu, 02 May 2024 17:18:00 -0400 ACT Research https://www.actresearch.net/resources/blog/north-america-class-8-blog Complete industry data for April, including final order numbers, will be published in mid-May, in ACT Research’s latest State of the Industry: NA Classes 5-8 report. State of the Industry: NA Classes 5-8 Report Overview ACT’s State of the Industry: NA Classes 5-8 report provides a monthly look at…. Read the full post at https://www.actresearch.net/resources/blog/north-america-class-8-blog Used Class 8 Truck Retail Sales Counter History, Pull Back in March https://www.actresearch.net/resources/blog/us-classes3-8-used-trucks-blog Thu, 02 May 2024 07:15:00 -0400 ACT Research https://www.actresearch.net/resources/blog/us-classes3-8-used-trucks-blog Classes 3-8 Used Trucks published by ACT Research, the used Class 8 average retail sale price dipped 2.9% m/m to $60,100 in March. Used Class 8 Truck Retail Sales Counter History, Pull Back in March According to Steve Tam, Vice President at ACT Research, “In our most recent update, pricing pressure…. Read the full post at https://www.actresearch.net/resources/blog/us-classes3-8-used-trucks-blog Trucking Industry Forecast for 2024 https://www.actresearch.net/resources/blog/trucking-industry-forecast-2024 Fri, 26 Apr 2024 01:30:00 -0400 ACT Research https://www.actresearch.net/resources/blog/trucking-industry-forecast-2024 But this is changing in 2024 as order intake has softened and private fleets join for-hire fleets in reconsidering costly capacity additions. Freight Volumes in 2024 While volumes remain broadly soft, the continuing strength of the US economy, alongside slowing capacity additions, gives us reason…. Read the full post at https://www.actresearch.net/resources/blog/trucking-industry-forecast-2024 What are Freight Rates? https://www.actresearch.net/resources/blog/what-are-freight-rates Thu, 25 Apr 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 What is Freight Volume? https://www.actresearch.net/resources/blog/freight-volume Thu, 25 Apr 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 Freight Outlook Brightening https://www.actresearch.net/resources/blog/freight-forecast-blog Tue, 23 Apr 2024 08:00:00 -0400 ACT Research https://www.actresearch.net/resources/blog/freight-forecast-blog The rebalancing process in the US freight market is being drawn out by reluctance to part with workers and significant private fleet capacity expansion, even as pressure on fleets worsened this month as diesel prices spiked, according to the latest release of the freight & transportation forecast.…. Read the full post at https://www.actresearch.net/resources/blog/freight-forecast-blog Trailer Demand Challenged by Limited Capex and Impending EPA Regulations https://www.actresearch.net/resources/blog/state-of-industry-u.s.-trailers-blog Mon, 22 Apr 2024 10:55:00 -0400 ACT Research https://www.actresearch.net/resources/blog/state-of-industry-u.s.-trailers-blog Softer fleet demand isn’t the only thing weighing on the minds of trailer manufacturers, though, as elevated dealer inventories have resulted in waning demand there, too.” State of the Industry: U.S. Trailers report provides a monthly review of the current US trailer market statistics, as well as…. Read the full post at https://www.actresearch.net/resources/blog/state-of-industry-u.s.-trailers-blog Class 8 Purchasing Cycle Challenged by Upcoming Emissions Regulations https://www.actresearch.net/resources/blog/northamerica-commercialvehicle-forecast-blog Fri, 12 Apr 2024 08:30:00 -0400 ACT Research https://www.actresearch.net/resources/blog/northamerica-commercialvehicle-forecast-blog After pushing our 2024 North America Class 8 production forecast up the previous two months, the forecast is left essentially unchanged in April, as published in the latest release of the North American commercial vehicle forecast. Private fleet capacity positioning is just one part of the ‘this…. Read the full post at https://www.actresearch.net/resources/blog/northamerica-commercialvehicle-forecast-blog 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 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 Rhein Associates, highlights power-source activity for…. Read the full post at https://www.actresearch.net/resources/blog/na-on-highway-engine-forecast-blog 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 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