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Jennifer McNealy

Recent Posts

ACT Research: Used Truck Prices Dropped 1% M/M, but Rose 10% YTD, While Unit Sales Fell 8% M/M and 17% YTD

Posted by Jennifer McNealy on Jun 27, 2019 7:00:00 AM

The average price of total used Class 8 trucks in May was virtually flat, dropping just 1% month-over-month. Longer term, prices were up 10% year-to-date and 6% higher compared to May 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 8% m/m, 22% y/y, and 17% year-to-date compared to the first five months of 2018. On a month-over-month basis, average mileage dropped 1%, while average age was up 5%.

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Topics: Press Releases, Used Trucks

ACT Research: China’s CV Truck Market Softening; Bus Markets Supported by Demand for New Energy Units Amid Environmental Concerns

Posted by Jennifer McNealy on Jun 25, 2019 8:00:00 AM

China’s economy is likely to give less support to the heavy and medium truck markets in the short term, despite the government’s efforts to ensure steady economic growth with a ramp-up of tax cuts and infrastructure investment, according to the most recent China Commercial Vehicle OUTLOOK, jointly published quarterly by ACT and China’s State Information Center (SIC). Additionally, while not impacting each commercial vehicle segment every year, structural changes within China’s CV market are expected to exert downward pressure through 2023. The OUTLOOK includes an overview of the China economy and a review and forecast of China’s heavy and medium duty truck and bus markets, as well as analysis of OEM market shares within China.

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Topics: China, Press Releases

ACT Research: U.S. Trailer Net Orders Continued to Drop in May, Down 54% Y/Y & 40% YTD

Posted by Jennifer McNealy on Jun 24, 2019 6:05:53 PM

 

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Topics: transportation, Trailers, Press Releases

ACT Research: Economy Strong, but Moderating; CV Industry Nearing Inflection Point

Posted by Jennifer McNealy on Jun 24, 2019 2:00:00 PM

In the release of its Commercial Vehicle Dealer Digest, ACT Research noted that the economic picture remains largely unchanged, with growth moderating in 2019 from strong 2018 growth. The economy was already moderating as tailwinds from the end-of-2017 tax cuts diminished, but other caution flags are waving including current trade uncertainties, slowing industrial and auto sectors, tariff-driven inventory building, and an unfolding global economic slowdown. The report provides monthly analysis on transportation trends, equipment markets, and the economy.

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Topics: freight, transportation, CV Dealer Digest, Economy, Press Releases

ACT Research: While Class 8 Measures Are Near-Record Highs, Signs of Decline Are Showing

Posted by Jennifer McNealy on Jun 21, 2019 5:22:21 PM

According to ACT Research’s recently released Transportation Digest, Class 8 retail sales and build are starting the summer at near-record high levels, but evidence supporting a change in direction continues to accumulate. At the same time, the medium duty market was a study of contrasts in April, even as new trailer orders fell to a nearly two-year low.

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Topics: Economy, Press Releases, Transportation Digest

ACT Research For-Hire Trucking Index: The News Isn’t Good; All Metrics, Except Capacity, Fell in May

Posted by Jennifer McNealy on Jun 21, 2019 3:16:09 PM

The latest release of ACT’s For-Hire Trucking Index showed nearly across-the-board declines, with capacity being the lone exception. The Pricing Index fell considerably, to 38.8, in May on a seasonally adjusted basis, the lowest in survey history. from 45.4 in April. The Volume Index dropped further into negative territory, hitting 46.7 (SA), from 49.5 in April. Fleet productivity/utilization slipped to 46.0 in May on a seasonally adjusted basis, down from 49.4 in April, and capacity growth increased to 54.6, from April’s 54.3 reading.

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Topics: freight, transportation, ACT For-Hire Trucking Index, Press Releases

ACT Research: Class 8 Cancellations Surprise on the Low Side; Demand Strong, but Freight Metrics Softening

Posted by Jennifer McNealy on Jun 20, 2019 12:00:42 PM

According to ACT Research’s (ACT) latest State of the Industry: Classes 5-8 Report, May’s Class 8 metrics generally aligned with expectations, with the lone exception of cancellations, which continued to surprise on the low side. Additional data for the Class 8 market show still-large (but quickly shrinking) backlogs, weak orders, strong build, bigger inventories, and good follow-through on sales.

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Topics: Classes 5-8, Press Releases

ACT Research: Preliminary Used Class 8 Volumes Fell M/M, Y/Y and YTD Again in May

Posted by Jennifer McNealy on Jun 17, 2019 10:20:11 AM

Preliminary used Class 8 volumes (same dealer sales) fell 14% month-over-month in May, the second 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 22% decline compared to May 2018, as well as a year-to-date drop of 16%.

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Topics: Press Releases, Used Trucks

ACT Research May Freight Forecast: What Impact on Freight Rates from Pre-Tariff Freight Surge?

Posted by Jennifer McNealy on Jun 6, 2019 4:51:26 PM

ACT Research released the June installment of the ACT Freight Forecast, U.S. Rate and Volume OUTLOOK report covering the truckload, intermodal, LTL and last mile sectors.

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

ACT Research: NA Medium and Heavy-Duty Volumes Softened in May

Posted by Jennifer McNealy on Jun 4, 2019 5:23:02 PM

Preliminary North America Class 8 net order data show the industry booked 10,800 units in May, dropping 27% from April, but down a more significant 70% from year-ago May. Note that these numbers are preliminary. Complete industry data for May, including final order numbers, will be published by ACT Research in mid-June.

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Topics: Classes 5-8, Economy, Press Releases

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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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