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Kenny's Interview on Heavy Duty Trucks Still Relevant?

Posted by ACT Research LLC. on Aug 29, 2019 3:12:29 PM

On February 4, 2019, Kenny Vieth gave an interview with CNBC's Nightly Business Report. At that time the commercial vehicle trucking industry was coming out of a record setting year, 490,000 heavy duty, class 8 orders. However, questions were being asked about industry capacity and the potential for high backlogs (300,000 at the time of interview) and cancelations coming in later 2019. At the time of this interview, there was a 3-month decline in new truck orders, considered a signal of a potential slowdown.

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Topics: freight, freight rate, transportation, logistics, shipping, Classes 5-8, Economy, NA CV OUTLOOK, class 5-8 trucks, class 8 trucks, commercial truck report

ACT Research: U.S. Trailer Net Orders Hit 1st Sequential Increase in 9 Months, but Are Down 46% on a YTD Basis

Posted by Jennifer McNealy on Aug 26, 2019 5:00:00 PM

New US trailer orders of 13.9k were up 22% month-over-month, and after accounting for cancellations, net orders of 10.3k hit their first sequential increase in nine months, rising 64% from June. Year-to-date, however, net trailer orders are 46% 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: freight, transportation, logistics, shipping, Trailers, Classes 5-8, Economy, class 5-8 trucks, class 8 trucks, commercial truck report

About ACT Research

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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