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 were up 17% year-to-date against the first eight months of 2019, with average price, miles and age all below August 2019 ytd rates, down 15%, 1%, and 8%, respectively. Near term, the report also indicated that used Class 8 sales volumes rose, up 1% sequentially, with average price rising 5% month-over-month. Average miles and age both fell compared to July, down 1% and 3%, respectively.

Topics: freight rate, Press Releases, 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, class trucks for sale, used commercial truck, trucking, used truck values commercial, heavy duty truck

According to ACT Research’s (ACT) latest State of the Industry: NA Classes 5-8 Report, the US economy is recovering from the early-year pandemic-driven shutdowns, but on a K-shaped trajectory, rather than the earlier speculated V, U, or L-like paths. What this means is that a large swath of the economy has enjoyed something approximating a V-shaped recovery, even as major economic segments remain mired on an L-shaped trajectory.

Topics: freight rate, logistics, Press Releases, 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, class8

Preliminary used Class 8 volumes (same dealer sales) were flat month-over-month in August, 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 46% compared to August 2019, and were up 21% when measured against the first eight months of last year.

Topics: freight rate, Press Releases, Used 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, class trucks for sale, used commercial truck, trucking, used truck values commercial, heavy duty truck

According to ACT’s latest release of the North American Commercial Vehicle OUTLOOK, while other areas of the economy continue to suffer, North American commercial vehicle market metrics are returning positive indicators.

Topics: freight rate, logistics, Press Releases, 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, class8

ACT Research released the September installment of the ACT Freight Forecast, U.S. Rate and Volume OUTLOOK report.

Topics: freight, freight forecast, freight rate, logistics, Press Releases, 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, intermodal, truck freight rates, demand planning, us freight, commercial freight shipping, last mile delivery, freight rates, heavy duty truck

The latest release of ACT’s For-Hire Trucking Index, with July data, showed an across-the-board downtick in the diffusion indexes after a record surge in June, although most measures remained well above the 50 neutral mark. July’s Volume Index fell six points to 64.3 (SA), while pricing and productivity were at 60.3 and 61.5, respectively. Capacity and driver availability were the two indexes in contraction territory, at 48.1 and 39.3, respectively, highlighting that driver capacity is tighter than equipment capacity.

Topics: freight, freight forecast, freight rate, logistics, ACT For-Hire Trucking Index, Press Releases, supply chain, truck freight, 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

According to ACT Research’s (ACT) latest State of the Industry: NA Classes 5-8 Report, the US economy continued to post good numbers in July, including a 1.2% month-over-month increase in retail sales, indicating that consumers’ wallets remain open for spending. Along with an increase in industrial production and strong housing activity, demand for commercial vehicles is also on the upswing.

Topics: freight rate, logistics, Classes 5-8, Press Releases, class 5-8 trucks, 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, class8

The final day of ACT Research’s three-day virtual Seminar 63 was held on August 13. The day’s first panel featured trucker and commercial vehicle dealer representatives, who shared insights into the challenges facing the industry during the COVID-19 pandemic, as well as the key aspects of equipment trends, prospects for the industry, the road to recovery, effects on used truck values, a carrier’s ability to acquire new trucks, and trends in freight rates. The second panel discussion focused on alternative power in the commercial vehicle industry, including advances in technology, customer interest in sustainability targets, and governmental green regulations.

Topics: freight rate, logistics, Alternative Fuels, Press Releases, 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, commercial vehicle electrification, class8, commercial electric vehicle

Preliminary used Class 8 volumes (same dealer sales) grew 16% month-over-month in July, 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 48% compared to July 2019, and were up 7% when measured against the first seven months of last year.

Topics: freight rate, Press Releases, 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, class trucks for sale, used commercial truck, trucking, used truck values commercial, heavy duty truck

The second day of ACT Research’s three-day virtual Seminar 63 was held on August 12. Alternative fuels, including hydrogen and electric, to power commercial vehicles were on the agenda, as was consideration of the future for diesel engines. Industry experts’ opinions about efficiency, emissions, safety, connectivity, and regulations were some of the myriad of topics heard by the virtual audience. Additionally, ACT announced upgrades to its free, online total cost of ownership calculator, which now includes the societal costs in metric tons of CO2 per year. The calculator can be accessed by clicking here.

Topics: freight rate, logistics, Press Releases, Used Trucks, 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, used commercial truck, trucking, used truck values commercial, heavy duty truck, class8