In the release of its Commercial Vehicle Dealer Digest, ACT Research reported that, starting in the second half of February, COVID-19 went from a China containment story to one of spiraling pandemic.
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Topics: logistics, CV Dealer Digest, Press Releases, class 8 trucks, commercial truck report, supply chain, 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
Preliminary NA Class 8 net orders in March fell to 7,800 units, down 45% from February and 51% lower than an easy year-ago comparison. March’s Classes 5-7 net orders were 14,700 units, down 36% from February and 31% from year-ago levels. Complete industry data for March, including final order numbers, will be published by ACT Research in mid-April.
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Topics: freight, freight rate, transportation, logistics, shipping, Press Releases, class 5-8 trucks, class 8 trucks, commercial truck report, supply chain, 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, heavy duty truck
According to ACT Research’s recently released Transportation Digest, key truck transportation metrics now available of January and February data, including ACT’s For-Hire Survey results, may be showing a global supply chain disruption that took place initially in China. That said, the report notes that data are not yet reflecting the COVID-19 impact on the North American commercial vehicle markets or fully showing the supply chain disruptions that have now spread around the world.
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Topics: Press Releases, Transportation Digest, class 8 trucks, commercial truck report, 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 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 improved 14% month-over-month in February, with longer-term sales rising 9% year-over-year compared to February 2019. The report also indicated that used Class 8 average price in February contracted 6% month-over-month, with average miles up 1% sequentially and average age down 5% compared to 2020’s opening month. Longer term, average price and age dropped 15% and 4%, respectively, while average miles were flat.
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Topics: Press Releases, Used Trucks, commercial truck report, 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, used commercial truck, used truck values commercial
According to ACT Research’s (ACT) latest State of the Industry: NA Classes 5-8 Report, Class 8 inventory-to-sales ratio, seasonally adjusted, hit 3.5 months in February, while the Classes 5-7 inventory-to-sales ratio dropped from a “highest in a decade” in January to 3.0 months in February.
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Topics: freight, logistics, Press Releases, class 5-8 trucks, class 8 trucks, commercial truck report, supply chain, medium duty truck, truck market, north american trucking, class 8 truck, american truck and trailer, commercial truck and trailer, transportation industry news, trucking, HeavyDuty, heavy duty truck, class8
Preliminary used Class 8 volumes (same dealer sales) increased 21% month-over-month in 2020’s second month, 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 also rose by double-digits, up 24% year-over-year and 12% year-to-date.
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Topics: freight, Press Releases, Used Trucks, class 8 trucks, commercial truck report, 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 global spread of the novel coronavirus, COVID-19, required ACT Research to do a foundational reassessment of near-term economic expectations, and by extension, NA commercial vehicle demand.
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Topics: transportation, logistics, shipping, China, Classes 5-8, Economy, Press Releases, class 5-8 trucks, class 8 trucks, commercial truck report, supply chain, 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, demand planning, last mile delivery, trailer production, HeavyDuty, Economics, semitruck, heavy duty truck, class8
In the release of its Commercial Vehicle Dealer Digest, ACT Research reported that the new low NOx Advance Notice of Proposed Rulemaking (ANPR) will impact the US commercial vehicle market, citing past regulatory examples.
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Topics: Press Releases, class 8 trucks, medium duty truck, commercial vehicle sales data, truck market, north american trucking, class 8 truck, american truck and trailer, transportation industry news, trucking, HeavyDuty, heavy duty truck
According to ACT Research’s recently released Transportation Digest, key truck transportation metrics continued to give mixed signals in early 2020. Additionally, the report explained that the total medium duty market closed 2019 on a positive note, with all indicators improving sequentially in December, while the US trailer segment closed 2019 on weak net orders, well below seasonal expectations.
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Topics: Press Releases, class 8 trucks, medium duty truck, commercial vehicle sales data, truck market, north american trucking, class 8 truck, american truck and trailer, transportation industry news, trucking, HeavyDuty, heavy duty truck, north american trailer
Preliminary NA Class 8 net orders in February were 14,100 units, down 18% from January and 16% lower than an easy year-ago comparison. February’s Classes 5-7 net orders rose to an 11-month high 22,200 units, up 12% from January, but down 12% from a very strong year-ago comparison. Complete industry data for February, including final order numbers, will be published by ACT Research in mid-March.
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Topics: freight, freight rate, transportation, logistics, shipping, Classes 5-8, Press Releases, class 5-8 trucks, class 8 trucks, commercial truck report, supply chain, medium duty truck, north american trucking, class 8 truck, american truck and trailer, commercial truck and trailer, transportation industry news, trucking, truck freight rates, demand planning, last mile delivery, freight rates, HeavyDuty, heavy duty truck, class8