Blog Banner

ACT Research: June Used Truck Metrics Show Volumes Up YTD, but Average Price, Miles and Age Down Compared to 1H’19

Posted by Jennifer McNealy on Jul 28, 2020 7:30:00 AM

According to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research, used Class 8 same dealer sales volumes were up 6% year-to-date against the first half of 2019, with average price, miles and age all below June 2019 ytd rates, down 15%, 2%, and 7%, respectively. Near term, the report also indicated that used Class 8 sales volumes rose 50% sequentially, with average price down 1% month-over-month, average miles up 1% month-over-month, and average age flat compared to May.

Read More

Topics: freight, Press Releases, Used Trucks, medium duty truck, commercial vehicle sales data, truck market, truck freight, north american trucking, class 8 truck, american truck and trailer, commercial truck and trailer, transportation industry news, class trucks for sale, used commercial truck, trucking, used truck values commercial, heavy duty truck

ACT Research: Economy and CV Markets Recovering, but Path Forward Will Be Choppy

Posted by Jennifer McNealy on Jul 27, 2020 8:30:00 AM

In the release of its Commercial Vehicle Dealer Digest, ACT Research reported that the impact of more people and politicians taking the threat of the virus more seriously is a choppy economic path forward.

Read More

Topics: CV Dealer Digest, Press Releases, medium duty truck, commercial vehicle sales data, truck market, north american trucking, class 8 truck, american truck and trailer, commercial truck and trailer, transportation industry news, trucking, heavy duty truck

New COVID Cases Threaten Economic and Commercial Vehicle Recovery

Posted by Jennifer McNealy on Jul 24, 2020 7:00:00 AM

According to ACT Research’s recently released Transportation Digest, the tug of war between positive and negative influences on the business environment and trucking reached a pivotal juncture at the end of June, but escalation in new COVID cases since mid-June threatens to abort this nascent recovery.

Read More

Topics: Press Releases, Transportation Digest, medium duty truck, commercial vehicle sales data, truck market, north american trucking, class 8 truck, american truck and trailer, commercial truck and trailer, transportation industry news, trucking, heavy duty truck

ACT Research For-Hire Trucking Index: Rebounds Continued in June, Following April’s “Worst Readings” In History

Posted by Jennifer McNealy on Jul 23, 2020 8:00:00 AM

The latest release of ACT’s For-Hire Trucking Index, with June data, showed continued and significant improvement in the diffusion index measures tracked. June’s Volume Index rose to 70.4 in June, from 19.3 in April and 50.2 in May, with pricing and productivity at 65.2 and 69.9, respectively. Capacity remained stuck in neutral, hovering near the 50 mark.

Read More

Topics: freight, freight forecast, logistics, ACT For-Hire Trucking Index, Press Releases, supply chain, truck freight, north american trucking, commercial truck and trailer, transportation industry news, trucking, intermodal, truck freight rates, demand planning, us freight, commercial freight shipping, last mile delivery, freight rates

ACT Research: U.S. Trailer Net Orders Post Another Significant Sequential Improvement in June, Dramatic Uptick Y/Y

Posted by Jennifer McNealy on Jul 22, 2020 10:45:36 AM

June net US trailer orders of 13,441 units were a significant improvement (333%) from May’s very low comparison, arriving dramatically above June 2019’s level, up 112%. Before accounting for cancellations, new orders of 16k units were up 117% versus May and 41% better year-over-year, according to this month’s issue of ACT Research’s State of the Industry: U.S. Trailer Report.

Read More

Topics: logistics, Press Releases, supply chain, commercial vehicle sales data, truck market, truck freight, class 8 truck, american truck and trailer, commercial truck and trailer, transportation industry news, trucking, commercial trailer, us trailer, trailer production, north american trailer, class8

ACT Research: Class 8 Natural Gas Truck Retail Sales Contracted 22% YTD 2020 through May

Posted by Jennifer McNealy on Jul 21, 2020 8:00:00 AM

US and Canadian Class 8 Natural Gas truck retail sales for the first five months of 2020 dropped 22% year-to-date over 2019, as published in the quarterly report (AFQ: Alternative Fuels Quarterly) just released by ACT Research.

Read More

Topics: Natural Gas, Alternative Fuels, Press Releases, commercial vehicle sales data, cng fuel, lng, cng

ACT Research: June CV Data Returning Closer to Normal Levels

Posted by Jennifer McNealy on Jul 17, 2020 1:23:38 PM

According to ACT Research’s (ACT) latest State of the Industry: NA Classes 5-8 Report, May and June have returned to something closer to life as usual, following the shutdowns of March and April. Additionally, ACT Research has created an easily accessible webpage to track noteworthy high frequency macroeconomic and transportation-specific market indicators, which can be found by clicking here.

Read More

Topics: freight, logistics, Press Releases, supply chain, medium duty truck, commercial vehicle sales data, truck market, truck freight, north american trucking, class 8 truck, american truck and trailer, commercial truck and trailer, transportation industry news, trucking, heavy duty truck, class8

ACT Research: Preliminary Used Class 8 Data Shows YTD Sales Flat, With Average Price, Miles and Age All Lower

Posted by Jennifer McNealy on Jul 14, 2020 3:15:00 PM

Preliminary used Class 8 volumes (same dealer sales) grew 54% month-over-month in June, according to the latest preliminary release of the State of the Industry: U.S. Classes 3-8 Used Trucks published by ACT Research. Longer-term, volumes rose 6% compared to June 2019, but were flat when measured against the first six months of last year.

Read More

Topics: freight, Press Releases, Used Trucks, medium duty truck, commercial vehicle sales data, truck market, truck freight, north american trucking, class 8 truck, american truck and trailer, commercial truck and trailer, transportation industry news, class trucks for sale, used commercial truck, trucking, used truck values commercial, heavy duty truck

ACT Research: CV Forecasts Upgraded for 2020

Posted by Jennifer McNealy on Jul 14, 2020 8:00:00 AM

According to ACT’s latest release of the North American Commercial Vehicle OUTLOOK, forecasts for 2020 were marked up across the board in July. The report cites the uptick as a result of the impact of nearly $6 trillion in stimulus to date, better-than-expected economic activity in June, freight rates boosted by a driver shortfall that was created by massive layoffs and extended unemployment benefits, and preliminary June metrics that were well above trend.

Read More

Topics: freight, logistics, Press Releases, supply chain, medium duty truck, commercial vehicle sales data, truck market, truck freight, north american trucking, class 8 truck, american truck and trailer, commercial truck and trailer, transportation industry news, trucking, heavy duty truck, class8

Freight Forecast: Pandemic Response Creates Driver Shortage, Pulling Rate Cycle Forward

Posted by Jennifer McNealy on Jul 13, 2020 8:00:00 AM

ACT Research released the July installment of the ACT Freight Forecast, U.S. Rate and Volume OUTLOOK report. This monthly 56-page ACT Freight Forecast report provides three-year forecasts for volumes and contract rates for the truckload, less-than-truckload and intermodal sectors of the transportation industry. For the truckload spot market, the report forecasts rates for the next 12-15 months, and this month introduced a forecast for Q3’21. The Freight Forecast provides unmatched detail on the freight rate outlook, helping companies across the supply chain plan their business with greater visibility and less uncertainty.

Read More

Topics: freight, freight forecast, logistics, Press Releases, supply chain, truck freight, north american trucking, commercial truck and trailer, transportation industry news, trucking, intermodal, truck freight rates, demand planning, us freight, commercial freight shipping, last mile delivery, freight rates

About ACT Research

We're the leading publisher of industry data, market analysis, and economic forecasting services for the commercial vehicle and transportation industries.

2019 Lawrence R. Klein Award Winner: Most Accurate Economic Forecast 2015-2019

  Partner to LMC Automotive and the Chinese State Information Center

  Contributor to the Blue Chip Financial and Wall Street Journal Consensus Economic Forecast


 

Recent Press Releases