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
In the release of its Commercial Vehicle Dealer Digest, ACT Research noted that expectations for the Class 8 and trailer markets anticipate an accelerating pullback in build rates, as freight market conditions remain at a low ebb. While less cliff-like, MD market indicators continue to support a modest correction into 2020.
Topics: CV Dealer Digest, Press Releases, 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, HeavyDuty, heavy duty truck, north american trailer, class8
In the release of its Commercial Vehicle Dealer Digest, ACT Research noted that expectations for the Class 8 and trailer markets anticipate a pullback in build rates, as market conditions continue to deteriorate. While less cliff-like, MD market indicators continue to support a modest correction into 2020.
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
In the release of its Commercial Vehicle Dealer Digest, ACT Research noted that the heavy truck and trailer markets, and increasingly the medium duty market, are heading for corrections in 2020, even as the slow growth US economic outlook remains largely unchanged, aside from concerns about trade and tariffs. The key driver of the near to mid-term outlook is the US consumer, who remains well positioned to keep the economy out of the ditch, even as key freight-generating sectors of the economy take a pause.
Topics: CV Dealer Digest, Trailers, Classes 5-8, Economy, Press Releases, class 5-8 trucks, class 8 trucks
In the release of its Commercial Vehicle Dealer Digest, ACT Research noted that the heavy truck and trailer industries are heading for a market correction in 2020, even as the US economic picture remains largely unchanged, aside from concerns about trade and tariffs. The key driver of the near to mid-term outlook is the US consumer, who remains well positioned to keep the economy out of the ditch, even as key freight-generating sectors of the economy take a pause.
Topics: freight, transportation, logistics, shipping, CV Dealer Digest, Classes 5-8, Economy, Press Releases
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.
Topics: freight, transportation, CV Dealer Digest, Economy, Press Releases
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. The trade war with China, which had been put on the back burner earlier this year, was put back on high heat at the beginning of this month. The report provides monthly analysis on transportation trends, equipment markets, and the economy.
Topics: CV Dealer Digest, Economy, Press Releases
In the release of its Commercial Vehicle Dealer Digest, ACT Research noted that recently softer Class 8 orders are attributed to backlogs that are still out about 10 months: Many of the orders normally booked in the year’s first quarter were actually placed in the rush to get into the queue in the second half of 2018. The report provides monthly analysis on transportation trends, equipment markets, and the economy.
Topics: CV Dealer Digest, Press Releases
In the release of its Commercial Vehicle Dealer Digest, ACT Research queries whether the current record-setting Class 8 cycle will close differently than previous peak periods. The report provides monthly analysis on transportation trends, equipment markets, and the economy.
Topics: CV Dealer Digest, Press Releases
ACT Research recently noted, in the release of its Commercial Vehicle Dealer Digest, that heavy commercial vehicle markets continue to benefit from a still-broad spectrum of supply and demand-side triggers. Three of the key considerations ACT has been reviewing include the fact that freight rate markdown is from record levels, the addition of new technologies such as better fuel economy, safety technologies and AMTs that weren’t available or being spec’d three to four years ago, and increased demand being generated for drop-and-hook operations to keep drivers (and freight) moving. The report provides monthly analysis on transportation trends, equipment markets, and the economy.
Topics: CV Dealer Digest, Press Releases