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ACT Research: April Used Truck Metrics Show Volumes, Price and Miles Down M/M, Age Up

Posted by Jennifer McNealy on May 26, 2020 10:00:00 AM

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 dropped 15% month-over-month in April, with longer-term sales dropping 7% year-over-year compared to April 2019, but holding onto an 8% year-to-date gain. The report also indicated that used Class 8 average price and miles fell from March’s levels, down 4% and 2%, respectively, with average age 2% higher than the previous month. Longer term, average price, miles and age all contracted year-over-year, as well as year-to-date, down respectively from the first four months of 2019 by 17%, 1%, and 5%.

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Topics: Press Releases, Used Trucks, commercial truck report, 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, used commercial truck, used truck values commercial, heavy duty truck

ACT Research: U.S. Trailer Net Orders Dropped 97% Sequentially in April, -99% Y/Y

Posted by Jennifer McNealy on May 21, 2020 10:34:38 AM

April net US trailer orders of 209 units were down 97% month-over-month and 99% below the previous year. Before accounting for cancellations, new orders of 5.7k units were down 57% versus March, according to this month’s issue of ACT Research’s State of the Industry: U.S. Trailer Report.

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Topics: logistics, Press Releases, commercial truck report, 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

Trailer Components & Raw Materials Forecast Report

Posted by ACT Research LLC. on May 8, 2020 12:27:58 PM

To help trailer OEMs, suppliers, and investors gain insights in the volume and timing of materials and components utilized in manufacturing trailers, ACT Research publishes the Trailer Components & Raw Materials Forecast. This quarterly report reviews the current market and forecast highlights, a 5-year annual projection, as well as short and long term factory shipment forecasts. If your business is manufacturing and selling the following to the trailer industry for final trailer manufacturing, this report is a great fit for you: axles, leaf springs, suspensions, brake components, brake chambers, slack adjusters, ABS components, brake valves, wheels, hubcaps, bearings, hub and drums, cross members, landing gear, kingpins, tires, and air tanks, then this report is critical for your forecasting and business planning.

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Topics: freight forecast, freight rate, transportation, logistics, shipping, Classes 5-8, class 5-8 trucks, class 8 trucks, commercial truck report, 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

ACT Research: March Used Truck Metrics Flat M/M; Sales Rose YTD, While Average Price, Miles and Age Fell Longer-Term

Posted by Jennifer McNealy on Apr 27, 2020 4:00:00 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 dropped just 1% month-over-month in March, with longer-term sales rising 5% year-over-year compared to March 2019, and 12% year-to-date. The report also indicated that used Class 8 average price, miles, and age in March were essentially unchanged compared to the previous month. Longer term, average price, miles and age all contracted year-over-year, as well as year-to-date, down respectively from the first three months of 2019 by 15%, 1%, and 7%.

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Topics: Press Releases, Used Trucks, class 5-8 trucks, class 8 trucks, commercial truck report, medium duty truck, commercial vehicle sales data, truck market, north american trucking, american truck and trailer, commercial truck and trailer, transportation industry news, used commercial truck, trucking, used truck values commercial, heavy duty truck

ACT Research: Class 8 Natural Gas Truck Retail Sales Rose 29% YTD 2020 through February, but Amid COVID-19 Impact NG Forecasts Are Being Cut

Posted by Jennifer McNealy on Apr 22, 2020 8:00:00 AM

US and Canadian Class 8 Natural Gas truck retail sales for the first two months of 2020 gained 29% year-to-date over 2019, as published in the quarterly report (AFQ: Alternative Fuels Quarterly) just released by ACT Research.

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Topics: Natural Gas, Alternative Fuels, Press Releases, commercial truck report, transportation industry news, cng fuel, lng, cng, commercial vehicle electrification

ACT Research For-Hire Trucking Index: Rates Slip Further, Volumes Lowest in Survey’s 10-Year History

Posted by Jennifer McNealy on Apr 21, 2020 2:27:01 PM

The latest release of ACT’s For-Hire Trucking Index, with March data, showed further contraction for both volumes and freight rates, now at 42.4 and 43.2 respective diffusion index readings. Productivity, while neutral at 50.0, likely was supported by the temporary pantry-stocking phenomenon.

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Topics: freight, freight forecast, freight rate, transportation, logistics, shipping, ACT For-Hire Trucking Index, Press Releases, commercial truck report, truck market, 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: Preliminary Used Class 8 Volumes Contracted M/M in March, but Remained Positive Y/Y and YTD

Posted by Jennifer McNealy on Apr 14, 2020 5:14:45 PM

Preliminary used Class 8 volumes (same dealer sales) contracted 8% month-over-month in 2020’s third month, 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 5% compared to March 2019, and grew 15% against the first three months of last year.

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Topics: freight, Press Releases, Used Trucks, class 8 trucks, commercial truck report, medium duty truck, truck freight, north american trucking, class 8 truck, american truck and trailer, commercial truck and trailer, transportation industry news, used commercial truck, used truck values commercial, heavy duty truck

ACT Research: COVID-19 CHANGING CV MARKET FORECASTING ASSUMPTIONS

Posted by Jennifer McNealy on Apr 3, 2020 1:00:00 PM

In the release of its Commercial Vehicle Dealer Digest, ACT Research reported that, starting in the second half of February, COVID-19 went from a China containment story to one of spiraling pandemic.

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Topics: logistics, CV Dealer Digest, Press Releases, class 8 trucks, commercial truck report, supply chain, 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: Evidence of COVID-19 Apparent in Preliminary March CV Order Intake Data

Posted by Jennifer McNealy on Apr 2, 2020 6:40:00 PM

Preliminary NA Class 8 net orders in March fell to 7,800 units, down 45% from February and 51% lower than an easy year-ago comparison. March’s Classes 5-7 net orders were 14,700 units, down 36% from February and 31% from year-ago levels. Complete industry data for March, including final order numbers, will be published by ACT Research in mid-April.

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Topics: freight, freight rate, transportation, logistics, shipping, Press Releases, class 5-8 trucks, class 8 trucks, commercial truck report, supply chain, 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, heavy duty truck

ACT Research: COVID-19 Impacting CV Markets, but Quantifying Data Not Yet Available

Posted by Jennifer McNealy on Apr 2, 2020 10:16:00 AM

According to ACT Research’s recently released Transportation Digest, key truck transportation metrics now available of January and February data, including ACT’s For-Hire Survey results, may be showing a global supply chain disruption that took place initially in China. That said, the report notes that data are not yet reflecting the COVID-19 impact on the North American commercial vehicle markets or fully showing the supply chain disruptions that have now spread around the world.

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Topics: Press Releases, Transportation Digest, class 8 trucks, commercial truck report, 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

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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