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ACT Research: Preliminary Used Class 8 Data for July Shows YTD Sales Up, With Average Price, Miles and Age All Lower

Posted by Jennifer McNealy on Aug 13, 2020 4:00:00 PM

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.

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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

ACT Research’s 63rd Seminar: New and Used CV Demand Discussed on Day Two, TCO & Societal Cost Calculator Announced

Posted by Jennifer McNealy on Aug 12, 2020 3:30:00 PM

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.

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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

ACT Research: CV Forecasts Upgraded for 2020 Again

Posted by Jennifer McNealy on Aug 12, 2020 8:44:21 AM

According to ACT’s latest release of the North American Commercial Vehicle OUTLOOK, forecasts for 2020 were marked up across the board in August. The report cites the uptick as a result of a robust “perfect storm” of positives in late spring and summer, many set in motion by the federal government’s and the Federal Reserve’s massive stimulus responses, as well as the trucking industry’s jettisoning of drivers in April.

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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’s 63rd Seminar Headlined with Economic and CV Discussions on Day One

Posted by Jennifer McNealy on Aug 11, 2020 3:56:42 PM

Moving from an in-person to a virtual platform, ACT Research began its 63rd Seminar on August 11, with a panel discussion about the current state and future of US economics. Panelists included Patrick Manzi, Senior Economist for NADA, as well as ACT’s Principal, Industry Analyst, Jim Meil, and Chief Economist, Sam Kahan.

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Topics: freight rate, logistics, Classes 5-8, NA CV OUTLOOK, 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, us freight, last mile delivery, heavy duty truck, north american trailer

ACT Research: Preliminary Data Show Orders for NA Classes 5-8 Vehicles at Six-Month High

Posted by Jennifer McNealy on Aug 4, 2020 7:00:00 PM

Preliminary NA Class 8 net orders in July were 20,300 units, rising 27% from June, and up 98% from a very easy year-ago comparison. The NA Classes 5-7 market saw orders slip to 16,700 units, down 6% month-over-month and 3% below their year-ago July volume. Complete industry data for July, including final order numbers, will be published by ACT Research in mid-August.

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Topics: 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: June Used Truck Metrics Show Volumes Up YTD, but Average Price, Miles and Age Down Compared to 1H’19

Posted by Jennifer McNealy on Jul 28, 2020 7:30:00 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 were up 6% year-to-date against the first half of 2019, with average price, miles and age all below June 2019 ytd rates, down 15%, 2%, and 7%, respectively. Near term, the report also indicated that used Class 8 sales volumes rose 50% sequentially, with average price down 1% month-over-month, average miles up 1% month-over-month, and average age flat compared to May.

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Topics: freight, Press Releases, Used Trucks, 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

ACT Research: Economy and CV Markets Recovering, but Path Forward Will Be Choppy

Posted by Jennifer McNealy on Jul 27, 2020 8:30:00 AM

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.

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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

New COVID Cases Threaten Economic and Commercial Vehicle Recovery

Posted by Jennifer McNealy on Jul 24, 2020 7:00:00 AM

According to ACT Research’s recently released Transportation Digest, the tug of war between positive and negative influences on the business environment and trucking reached a pivotal juncture at the end of June, but escalation in new COVID cases since mid-June threatens to abort this nascent recovery.

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Topics: Press Releases, Transportation Digest, 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: June CV Data Returning Closer to Normal Levels

Posted by Jennifer McNealy on Jul 17, 2020 1:23:38 PM

According to ACT Research’s (ACT) latest State of the Industry: NA Classes 5-8 Report, May and June have returned to something closer to life as usual, following the shutdowns of March and April. Additionally, ACT Research has created an easily accessible webpage to track noteworthy high frequency macroeconomic and transportation-specific market indicators, which can be found by clicking here.

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Topics: freight, 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: Preliminary Used Class 8 Data Shows YTD Sales Flat, With Average Price, Miles and Age All Lower

Posted by Jennifer McNealy on Jul 14, 2020 3:15:00 PM

Preliminary used Class 8 volumes (same dealer sales) grew 54% month-over-month in June, 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 6% compared to June 2019, but were flat when measured against the first six months of last year.

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Topics: freight, Press Releases, Used Trucks, 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

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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