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You Depend on Data. Depend on ACT Research

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: When Change Comes, It Is Likely to Come Fast

Posted by ACT Research LLC. on Jun 10, 2019 4:00:00 PM

According to ACT Research’s (ACT) latest release of the North American Commercial Vehicle OUTLOOK, current Class 8 build rates suggest upside to the 2019 forecast, but large new truck inventories and deteriorating freight and rate conditions suggest erring on the side of caution remains the right call: When the change comes, it is likely to come fast.

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Topics: Trailers, Classes 5-8, Economy, NA CV OUTLOOK, 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

ACT Research: Class 8 Production to Grow in 2019, Diesel Power Still Dominating, and Truck Demand More Stable Than Tractors

Posted by Jennifer McNealy on May 30, 2019 12:27:31 PM

According to the recently released N.A. Commercial Vehicle On-Highway Engine OUTLOOK, published by ACT Research and Rhein Associates, Class 8 production is expected to continue growing in 2019, before an anticipated drop late in the year and into 2020. Diesel is still the dominate power source and vocational truck demand is more stable than tractors demand.

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Topics: Natural Gas, Classes 5-8, Engines, Press Releases, Regulations

ACT Research: While Class 8 Measures Are at Cycle Highs, Trailer Orders Are Weak

Posted by Jennifer McNealy on May 20, 2019 4:06:52 PM

According to ACT Research’s recently released Transportation Digest, Class 8 retail sales and build remain at cycle highs, but signs are multiplying that the market momentum will start declining during the second half of this year. At the same time, net trailer orders in March were the weakest order volume since July of 2017, as many OEMs continue to be unwilling to fully open 2020 orderboards.

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Topics: Trailers, Classes 5-8, Press Releases, Transportation Digest

ACT Research: Demand Strength and Stagnating Freight Growth Continue for North American CV Industry

Posted by Jennifer McNealy on May 16, 2019 5:35:42 PM

According to ACT Research’s (ACT) latest State of the Industry: Classes 5-8 Report, April’s Class 8 metrics generally aligned with expectations, with the lone exception of cancellations, which continued to trend lower.

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Topics: Classes 5-8, Press Releases

ACT Research: Trucker Profitability Expected to Roll-Over in 2H’19

Posted by Jennifer McNealy on May 14, 2019 11:21:51 AM

According to ACT Research’s (ACT) latest release of the North American Commercial Vehicle OUTLOOK, slower freight growth, an easing of driver supply constraints, the resumption of the long-run freight productivity trend, and strong Class 8 tractor fleet growth will increasingly pressure rates and by extension, trucker profitability in 2019.

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Topics: Classes 5-8, NA CV OUTLOOK, Press Releases

ACT Research: Economy Strong, but Growth Moderating – Mixed Signals for CV Industry

Posted by Jennifer McNealy on May 3, 2019 9:58:07 AM

In the release of its Commercial Vehicle Dealer Digest, ACT Research noted that the overall economic picture remains largely unchanged, with growth moderating in 2019 from last year’s vigorous pace. While slower growth is expected, the danger signals that were flashing at the start of the year have largely moderated, no longer signaling imminent danger. The report provides monthly analysis on transportation trends, equipment markets, and the economy.

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Topics: Classes 5-8, NA CV OUTLOOK

ACT Research: NA Class 8 Orders Dipped Slightly from March to April, Hitting a 31-Month Low

Posted by Jennifer McNealy on May 3, 2019 9:42:20 AM

Preliminary North America Class 8 net order data show the industry booked 14,800 units in April, dropping a moderate 6.2% from March, but down 57% from year-ago April. Note that these numbers are preliminary. Complete industry data for April, including final order numbers, will be published by ACT Research in mid-May.

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Topics: Classes 5-8, NA CV OUTLOOK

ACT Research: CV Data Currently Indicating Demand Strength And Stagnating Freight Growth

Posted by Jennifer McNealy on Mar 19, 2019 11:11:44 AM

According to ACT Research’s (ACT) latest State of the Industry: Classes 5-8 Report, “’Almost exactly as expected’ would be a reasonable phrase for February’s crop of heavy truck data, particularly given well-behaved cancellations, steady build rates, and an order-to-build imbalance that is keeping backlogs falling from high levels.”

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Topics: Classes 5-8, 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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