Preliminary used Class 8 volumes (same dealer sales) rose 11% month-over-month in December, and are 25% higher year-to-date compared to 2019, according to the latest preliminary release of the State of the Industry: U.S. Classes 3-8 Used Trucks published by ACT Research. Compared to December of 2019, volumes gained 27%.
Topics: freight rate, 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
According to ACT’s latest release of the North American Commercial Vehicle OUTLOOK, greater-than-expected build rates in November, the latest available data, continued to apply upward pressure to the forecasts, which resulted in an across-the-board rise in ACT Research’s commercial vehicle demand expectations.
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 NA Class 8 net orders in December were 50,900 units, down 2% from November, but a 153% improvement from year-ago December. NA Classes 5-7 demand, with orders at 35,100 units, rose 28% sequentially and 73% compared to last December. That order volume represents a second-best-ever volume, while the Class 8 net order intake marks the fourth highest level in history. Complete industry data for December, including final order numbers, will be published by ACT Research in mid-January.
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
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, average miles and average age all declined m/m, down 22%, 2%, and 3%, respectively, compared to October. Longer term, same dealer sales volumes were up 21% year-to-date against the first 11 months of 2019, with average price, miles and age all below November 2019 ytd rates, down 10%, 3%, and 8%, respectively.
Topics: freight rate, 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
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.
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
According to ACT Research’s recently released Transportation Digest, the 2020 heavy-duty truck market will close on a robust note, setting the stage for 2021.
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
According to ACT Research’s (ACT) latest State of the Industry: NA Classes 5-8 Report, with the beginning of COVID vaccine distribution, the likelihood of Congressional assistance for those still suffering from COVID’s impact, and healthy freight rates, commercial vehicle demand remains strongly positioned heading into 2021.
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) dropped 20% month-over-month in November, but are 18% higher year-to-date compared to the first 11 months of 2019, according to the latest preliminary release of the State of the Industry: U.S. Classes 3-8 Used Trucks published by ACT Research. Compared to November of 2019, volumes gained 32%.
Topics: freight rate, 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
According to ACT’s latest release of the North American Commercial Vehicle OUTLOOK, the strength in new commercial vehicle demand is a direct result of strength in freight rates.
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
According to the recently released N.A. Commercial Vehicle On-Highway Engine OUTLOOK, published by ACT Research and Rhein Associates, the US economy continues to improve, despite setbacks with increased COVID cases across the country. Additionally, the report noted that legislation toward zero emissions continues to grow, and both factors are influencing engine demand, as well as the commercial vehicle markets in general.
Topics: Natural Gas, Alternative Fuels, Engines, Press Releases, medium duty truck, truck market, american truck and trailer, commercial truck and trailer, transportation industry news, heavy duty truck, engine, class 8 truck engines, diesel engine, diesel trucks, commercial vehicle (engine) industry analysis