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ACT Research: August Used Truck Metrics Show Volumes Remain Up YTD, with Average Price, Miles and Age Down for the Same Time Period

Posted by Jennifer McNealy on Sep 25, 2020 1:30:00 PM

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 17% year-to-date against the first eight months of 2019, with average price, miles and age all below August 2019 ytd rates, down 15%, 1%, and 8%, respectively. Near term, the report also indicated that used Class 8 sales volumes rose, up 1% sequentially, with average price rising 5% month-over-month. Average miles and age both fell compared to July, down 1% and 3%, respectively.

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Topics: freight rate, Press Releases, 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: Perfect Storm of Positives Causes Sharp Upgrades in CV Expectations Since May

Posted by Jennifer McNealy on Sep 25, 2020 7:30:00 AM

In the release of its Commercial Vehicle Dealer Digest, ACT Research reported that an unforeseen robustness of the perfect storm of positives into late spring and summer, following the initial shock of COVID-19 shutdowns and other mitigation efforts, has resulted in sharp upgrades in commercial vehicle expectations since May.

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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

ACT Research For-Hire Trucking Index Highlights Driver Shortage

Posted by Jennifer McNealy on Sep 24, 2020 11:30:00 AM

The latest release of ACT’s For-Hire Trucking Index, with August data, showed a continuing tight trucking market, with volume and rate surges ongoing and driver availability deteriorating. August’s Volume Index rose to 67.9 (SA), and productivity was at 67.8. With capacity and driver availability in contraction territory, at 48.9 and 32.0, respectively, the combination of strong demand and tight supply pushed the Pricing Index up to 66.4, a new two-year high.

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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: K-Shaped Recovery for US Economy, V-Shaped Recovery for Freight Economy

Posted by Jennifer McNealy on Sep 24, 2020 7:30:00 AM

According to ACT Research’s recently released Transportation Digest, the US economy is recovering in a K-shaped pattern, meaning some segments are enjoying a more V-shaped recovery, while others are mired on an L-shaped trajectory.

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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: U.S. Trailer Net Orders Post Another Significant Improvement in August

Posted by Jennifer McNealy on Sep 18, 2020 7:30:00 AM

August net US trailer orders of 28,139 units were a significant improvement (up 49%) from July’s uptick and well above August 2019’s level (up 160%). Before accounting for cancellations, new orders of 29k units were up 46% versus July and 96% better year-over-year, according to this month’s issue of ACT Research’s State of the Industry: U.S. Trailer Report.

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Topics: logistics, Trailers, Press Releases, supply chain, 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, commercial trailer, us trailer, trailer production, north american trailer, class8

ACT Research: N.A. Commercial Vehicle Orders Healthy, Economic Recovery K-Shaped

Posted by Jennifer McNealy on Sep 17, 2020 7:30:00 AM

According to ACT Research’s (ACT) latest State of the Industry: NA Classes 5-8 Report, the US economy is recovering from the early-year pandemic-driven shutdowns, but on a K-shaped trajectory, rather than the earlier speculated V, U, or L-like paths. What this means is that a large swath of the economy has enjoyed something approximating a V-shaped recovery, even as major economic segments remain mired on an L-shaped trajectory.

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Topics: freight rate, 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: China’s CV Markets Report Sales Upticks in Q2

Posted by Jennifer McNealy on Sep 16, 2020 1:30:00 PM

According to the recent release of ACT Research’s China Commercial Vehicle OUTLOOK, China’s heavy and medium commercial vehicle markets reported an uptick in sales during 2020’s second quarter, versus the ground lost from the severe setback in Q1’20 due to the COVID-19 virus. Domestic heavy-duty truck sales rose 69% year-over-year, while tractor demand was up nearly 72% and medium-duty truck sales in China rose more than 44% year-over-year in Q2.

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Topics: Press Releases, transportation industry news, china heavy truck, china freight, china cv markets

ACT Research: August Preliminary U.S. Trailer Net Orders Jumped Almost 50% From July

Posted by Jennifer McNealy on Sep 15, 2020 11:00:00 AM

Preliminary information for August indicates that the U.S. trailer industry booked 27,500 net orders for the month, a 46% improvement from July and more than 150% better than the same month last year. Before accounting for cancellations, new orders approached the 29k mark. Both new and net orders were the best in their respective categories since last October. Final volume will be available later this month. This preliminary market estimate should be within +/- 3% of the final order tally.

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Topics: logistics, Trailers, Press Releases, supply chain, 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, commercial trailer, us trailer, trailer production, north american trailer, class8

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

Posted by Jennifer McNealy on Sep 15, 2020 7:30:00 AM

Preliminary used Class 8 volumes (same dealer sales) were flat month-over-month in August, 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 46% compared to August 2019, and were up 21% when measured against the first eight months of last year.

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Topics: freight rate, Press Releases, Used Trucks, 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, class trucks for sale, used commercial truck, trucking, used truck values commercial, heavy duty truck

ACT Research: Commercial Vehicle Markets Surprisingly Strong

Posted by Jennifer McNealy on Sep 11, 2020 9:30:00 AM

According to ACT’s latest release of the North American Commercial Vehicle OUTLOOK, while other areas of the economy continue to suffer, North American commercial vehicle market metrics are returning positive indicators.

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Topics: freight rate, 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

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


 

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