In the release of its Commercial Vehicle Dealer Digest, ACT Research reported that the strength in new commercial vehicle demand can be summed with strength in freight rates.
ACT Research: Strong Freight Rates Mean Strong New Commercial Vehicle Demand
Topics: CV Dealer Digest, Press Releases, 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: CV Demand Reaping Rewards of COVID-Related Services-to-Goods Substitution
In the release of its Commercial Vehicle Dealer Digest, ACT Research reported even before the pandemic plunge in Q2, there was never serious doubt that the demand for commercial vehicles would rise in 2021.
Topics: CV Dealer Digest, Press Releases, 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: Perfect Storm of Positives Causes Sharp Upgrades in CV Expectations Since May
In the release of its Commercial Vehicle Dealer Digest, ACT Research reported that an unforeseen robustness of the perfect storm of positives into late spring and summer, following the initial shock of COVID-19 shutdowns and other mitigation efforts, has resulted in sharp upgrades in commercial vehicle expectations since May.
Topics: CV Dealer Digest, Press Releases, 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: Freight Markets Less Impacted by COVID than General Economy
In the release of its Commercial Vehicle Dealer Digest, ACT Research reported that freight markets continue to be less impacted by the pandemic than the economy at large, and that a vaccine is seen as the key to unlocking a more broad-based recovery, as the simplest human interactions will no longer have to be weighed and justified.
Topics: CV Dealer Digest, Press Releases, medium duty truck, commercial vehicle sales data, truck market, north american trucking, american truck and trailer, commercial truck and trailer, transportation industry news, trucking, heavy duty truck, class 8 truck engines
ACT Research: Economy and CV Markets Recovering, but Path Forward Will Be Choppy
In the release of its Commercial Vehicle Dealer Digest, ACT Research reported that the impact of more people and politicians taking the threat of the virus more seriously is a choppy economic path forward.
Topics: CV Dealer Digest, Press Releases, 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: US Economy Better Than A Month Ago, CV Industry Looking Toward Recovery
In the release of its Commercial Vehicle Dealer Digest, ACT Research found much more to like about the state of the economy today than was visible on month ago, now that the US re-opening is underway.
Topics: CV Dealer Digest, Press Releases, 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: COVID-19’s IMPACT OF SHUTDOWNS AND RESTARTS
In the release of its Commercial Vehicle Dealer Digest, ACT Research reported that the North American commercial vehicle market, as well as the global economy, addressed the spiraling pandemic with shutdown announcements, but the report continued by preparing readers for the restarting phase to come.
Topics: CV Dealer Digest, Press Releases, class 8 trucks, 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: COVID-19 CHANGING CV MARKET FORECASTING ASSUMPTIONS
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.
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: Freight-Generating Sectors of Economy Starting to Mend
In the release of its Commercial Vehicle Dealer Digest, ACT Research reported that freight-generating sectors of the US economy are on the cusp of transitioning from contraction to growth, aligning with freight cycles of the past, which typically last around two years.
Topics: CV Dealer Digest, Press Releases, class 8 trucks, 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, HeavyDuty, heavy duty truck
ACT Research: Three Components Drive ACT Research Forecast Cuts to CV Demand through 2021
In the release of its Commercial Vehicle Dealer Digest, ACT Research noted that three factors are at work in the weak outlook for heavy commercial vehicles in the coming two years: demand, supply, and timing. While some, like the oversupply of equipment, have been on the radar for a long time, others, like the growing weakness in manufacturing and the broader economy, have come on slowly and inexorably over several months.
Topics: logistics, CV Dealer Digest, Press Releases, class 8 trucks, commercial truck report, supply chain, 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, trucking, heavy duty truck