According to ACT Research’s (ACT) latest State of the Industry: NA Classes 5-8 Report, there are any number of concerns regarding the economy in coming months, but one thing that definitely can be crossed off the worry list is commercial vehicle demand 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) were virtually flat month-over-month in September, up just 1%, 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 51% compared to September 2019, and were up 21% when measured against the first nine months of last year.
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, after pulling the cycle forward last month, ACT’s front of the cycle forecasts were marked up across-the-board again in October.
Topics: freight, logistics, Economy, 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, Economics, heavy duty truck, class8
ACT Research recently announced plans for a new multi-client study focusing on electrification of the commercial vehicle industry to be released in 2021.
Topics: logistics, Alternative Fuels, Press Releases, supply chain, medium duty truck, commercial vehicle sales data, north american trucking, american truck and trailer, commercial truck and trailer, transportation industry news, heavy duty truck, commercial vehicle electrification, commercial electric vehicle
Preliminary NA Class 8 net orders in September were 31,100 units, up 60% from August and a whopping 145% from an easy year-ago comparison. The NA Classes 5-7 market saw orders at a healthy 26,900 units, up 37% month-over-month and 48% versus their year-ago September volume. Complete industry data for September, including final order numbers, will be published by ACT Research in mid-October.
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 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
In the release of its Commercial Vehicle Dealer Digest, ACT Research reported that an unforeseen robustness of the perfect storm of positives into late spring and summer, following the initial shock of COVID-19 shutdowns and other mitigation efforts, has resulted in sharp upgrades in commercial vehicle expectations since May.
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 US economy is recovering in a K-shaped pattern, meaning some segments are enjoying a more V-shaped recovery, while others are mired on an L-shaped trajectory.
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, 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