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ACT Research: Heavy Duty Market Conditions Continue to Deteriorate

Posted by Jennifer McNealy on Sep 11, 2019 10:07:09 AM

According to ACT Research’s (ACT) latest release of the North American Commercial Vehicle OUTLOOK, expectations for the Class 8 and trailer markets anticipate an immanent pullback in build rates, as market conditions continue to deteriorate.

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

ACT Research Freight Forecast: Pre-Ship Provides Respite from Freight Downturn

Posted by Jennifer McNealy on Sep 9, 2019 3:31:40 PM

ACT Research released the September installment of the ACT Freight Forecast, U.S. Rate and Volume OUTLOOK report covering the truckload, intermodal, LTL and last mile sectors.

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Topics: freight, freight forecast, freight rate, transportation, logistics, shipping, Economy, Press Releases, supply chain

Sam Kahan Honored with Lawrence R. Klein Award for Most Accurate Economic Forecasts

Posted by Jennifer McNealy on Sep 5, 2019 10:00:00 AM

Are fears about a recession warranted?
Hear from the most accurate economic forecaster Sam Kahan of ACT Research

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Topics: Economy, Press Releases

ACT Research: NA Medium and Heavy-Duty Volumes Rebound in August

Posted by Jennifer McNealy on Sep 4, 2019 6:45:00 PM

Preliminary North America Class 8 net order data show the industry booked 10,900 units in August, up nearly 6% from July, but 79% below last August’s best-ever order month. Note that these numbers are preliminary. Complete industry data for August, including final order numbers, will be published by ACT Research in mid-September.

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Topics: freight, freight rate, Classes 5-8, Economy, Press Releases, class 5-8 trucks, class 8 trucks

ACT Research: Commercial Vehicle Markets Heading for a Market Correction in 2020

Posted by Jennifer McNealy on Aug 30, 2019 10:00:00 AM

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.

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Topics: CV Dealer Digest, Trailers, Classes 5-8, Economy, Press Releases, class 5-8 trucks, class 8 trucks

ACT Research: Class 8 Market Indicators Divergent

Posted by Jennifer McNealy on Aug 29, 2019 4:09:02 PM

According to ACT Research’s recently released Transportation Digest, Class 8 market indicators are divergent, with some at all-time highs even as other metrics point to coming weakness. The medium duty market measures are lower in the short-term, but still positive against longer-term comparisons.

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Topics: Economy, Press Releases, Transportation Digest, class 5-8 trucks, class 8 trucks

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: Class 8 Truck Engine Demand Trending to Smaller Displacements

Posted by Jennifer McNealy on Aug 28, 2019 5:42:01 PM

According to the recently released N.A. Commercial Vehicle On-Highway Engine OUTLOOK, published by ACT Research and Rhein Associates, engines over 10L are projected to account for more than 85% of the Class 8 production between 2020 and 2024, and the trend to smaller displacement engines is expected to continue.

Tom Rhein, President of Rhein Associates commented, “Although the over 14L engine category will remain the largest segment in 2019, there is a trend to smaller displacement engines in the over 10L market segment for Class 8 trucks and tractors, with an acceleration prompted by new emission regulations expected in 2024.” Regarding Classes 5-7, Rhein said, “In this market, the current metric of interest is gasoline penetration, which continues to see share gains.”
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Topics: Natural Gas, Alternative Fuels, Classes 5-8, Economy, Engines, Press Releases, Regulations, EV

ACT Research: Used Truck Prices Fell 4% on Flat Sales

Posted by Jennifer McNealy on Aug 27, 2019 7:00:00 AM

The average price of total used Class 8 trucks in July dipped 4% month-over-month, while rising against longer-term comparison, up 9% year-to-date. Same-dealer sales, on the other hand, were flat in July compared to June, but contracted 18% versus the first seven months of 2018, according to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research. The report also indicated used Class 8 average miles was neutral month-over-month and down 1% year-to-date, while average age rose 2% compared to June and 4% on a year-to-date basis.

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Topics: Classes 5-8, Economy, Press Releases, Used Trucks

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 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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