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You Depend on Data. Depend on ACT Research

ACT Research: NA Medium and Heavy-Duty Volumes Contract in July

Posted by Jennifer McNealy on Aug 2, 2019 6:35:00 PM

Preliminary North America Class 8 net order data show the industry booked 10,200 units in July, down 21% from June and the lowest monthly order tally since February 2010. Note that these numbers are preliminary. Complete industry data for July, including final order numbers, will be published by ACT Research in mid-August.

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Topics: freight, freight rate, Classes 5-8, Economy, Press Releases

ACT Research: Heavy Truck and Trailer Industries Heading for Market Correction in 2020

Posted by Jennifer McNealy on Jul 30, 2019 7:00:00 AM

In the release of its Commercial Vehicle Dealer Digest, ACT Research noted that the heavy truck and trailer industries are heading for a market correction in 2020, even as the US economic picture remains largely unchanged, aside from concerns about trade and tariffs. The key driver of the near to mid-term outlook is the US consumer, who remains well positioned to keep the economy out of the ditch, even as key freight-generating sectors of the economy take a pause.

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Topics: freight, transportation, logistics, shipping, CV Dealer Digest, Classes 5-8, Economy, Press Releases

ACT Research: Class 8 Natural Gas Truck Retail Sales Up 10% M/M, 60% Y/Y, and 43% YTD in May

Posted by Jennifer McNealy on Jul 29, 2019 10:00:00 AM

US and Canadian Class 8 Natural Gas truck retail sales for the first five months of 2019 gained 43% year-to-date, according to a recent quarterly report (AFQ: Alternative Fuels Quarterly) released by ACT Research. Year-to-date sales at this point in 2018 were down 18%, following a 13% full-year increase in 2017.

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Topics: transportation, Natural Gas, Alternative Fuels, Press Releases, Regulations, EV

ACT Research: Class 8 Market on Cusp of Significant Correction

Posted by Jennifer McNealy on Jul 29, 2019 7:00:00 AM

According to ACT Research’s recently released Transportation Digest, the Class 8 market is on the cusp of a significant correction. At the same time, the medium duty market continued to confound in May, with forward-looking indicators deteriorating and concurrent data suggesting moderate growth.

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Topics: transportation, Economy, Press Releases, Transportation Digest

ACT Research: Used Truck Prices Rose 2% M/M and 10% YTD, While Unit Sales Fell 10% M/M and 18% YTD

Posted by Jennifer McNealy on Jul 26, 2019 2:29:00 PM

The average price of total used Class 8 trucks in June was virtually flat, gaining just 2% month-over-month. Longer term, prices were up 10% year-to-date and 6% higher compared to June of 2018, 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 fell 10% m/m, 26% y/y, and 18% year-to-date compared to the first six months of 2018. On a month-over-month basis, average mileage dropped 2%, while average age was down 5%.

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Topics: Press Releases, Used Trucks

ACT Research: U.S. Trailer Net Orders Continued to Drop in June, Down 70% Y/Y & 43% YTD

Posted by Jennifer McNealy on Jul 26, 2019 11:25:34 AM

New US trailer orders of 11.3k were down 27% month-over-month, but after accounting for cancellations, net orders slid to 6k units, down 42% from May. Year-to-date net orders are 43% below last year, according to this month’s issue of ACT Research’s State of the Industry: U.S. Trailer Report.

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Topics: transportation, Trailers, Press Releases

ACT Research For-Hire Trucking Index: Weak Q2 Finish

Posted by Jennifer McNealy on Jul 19, 2019 11:09:10 AM

The latest release of ACT’s For-Hire Trucking Index, June data, showed nearly across-the-board declines, with capacity again the lone exception. The Volume Index dropped further into negative territory, falling to 43.2 (SA) in June, from 46.7 in May. The June Pricing Index, at 43.8 (SA), recovered a good bit of last month’s sharp decline, up from 38.8 in May on a seasonally adjusted basis, the lowest in survey history.

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Topics: freight forecast, freight rate, transportation, logistics, shipping, ACT For-Hire Trucking Index, Classes 5-8, Press Releases

ACT Research: Industry Currently Astride Class 8 Demand Inflection

Posted by Jennifer McNealy on Jul 17, 2019 4:48:17 PM

According to ACT Research’s (ACT) latest State of the Industry: Classes 5-8 Report, June’s Class 8 order broke the string of falling order volumes, with the opening of 2020 order books, garnering a 19% rebound. While better orders slowed the rapid backlog decline, the situation is temporary, as coming months represent the seasonally weakest order period of the year, suggesting rapid backlog declines should continue in the near-term.

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Topics: freight, transportation, Classes 5-8, Press Releases

ACT Research: June 2019 Trailer Industry Preliminary Net Orders down 41% from May and 69% Below Last Year; Volume of 6,200 Units Lowest in Almost 10 Years

Posted by Jennifer McNealy on Jul 16, 2019 7:15:00 PM

ACT’s preliminary estimate for June 2019 net trailer orders is 6,200 units. 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: transportation, Trailers, Press Releases

ACT Research: Preliminary Used Class 8 Volumes Fell M/M, Y/Y and YTD for Third Consecutive Month

Posted by Jennifer McNealy on Jul 15, 2019 4:30:00 PM

Preliminary used Class 8 volumes (same dealer sales) fell 8% month-over-month in June, the third consecutive sequential drop, according to the latest preliminary release of the State of the Industry: U.S. Classes 3-8 Used Trucks published by ACT Research. Additionally, the report indicated that longer-term comparisons yielded a 25% decline compared to June 2018, as well as a year-to-date drop of 18%.

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Topics: Press Releases, Used Trucks

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

 

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