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.
ACT Research: COVID-19 and Regulations Continue to Influence CV Engine Demand
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
ACT Research: Preliminary NA Classes 5-8 Vehicle Orders Still Healthy
Preliminary NA Class 8 net orders in November were 51,900 units, up 33% from October and a 197% improvement from year-ago November. NA Classes 5-7 demand continued in-line with recent activity, at 27,200 units. That order volume represents a 9% decrease from October’s 30-month high, but was still up 78% compared to last year. Complete industry data for November, including final order numbers, will be published by ACT Research in mid-December.
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: October Used Truck Metrics Show Volumes Remain Up YTD, with Average Price, Miles and Age Down for the Same Time Period
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 20% year-to-date against the first ten months of 2019, with average price, miles and age all below October 2019 ytd rates, down 11%, 2%, and 8%, respectively. Near term, the report indicated that used Class 8 sales volumes and average miles both fell, down 4% and 1% m/m, respectively, while average age was flat sequentially and average price rose 6% compared to September.
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
ACT Research: CV Demand Reaping Rewards of COVID-Related Services-to-Goods Substitution
In the release of its Commercial Vehicle Dealer Digest, ACT Research reported even before the pandemic plunge in Q2, there was never serious doubt that the demand for commercial vehicles would rise in 2021.
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
ACT Research: 2020 Has Been a Roller Coaster Ride for Motor Carriers, Across the Board
According to ACT Research’s recently released Transportation Digest, from big fleets to owner-operators, and their vocational counterparts, motor carriers across-the-board have ridden a down-and-up roller coaster this year.
Topics: 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, heavy duty truck
ACT Research: N.A. Commercial Vehicle Demand Continues Strong Upward Trend
According to ACT Research’s (ACT) latest State of the Industry: NA Classes 5-8 Report, the pandemic’s toll has not been evenly distributed across the US economy. Transportation is one segment that has fared better than others, and that, in turn, has spurred a revival in commercial vehicle demand as the year has progressed.
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: Preliminary Used Class 8 Data for October Shows YTD Sales Up, With Average Price, Miles and Age All Lower
Preliminary used Class 8 volumes (same dealer sales) dropped 10% month-over-month in October, but are 10% higher year-to-date compared to the first ten 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 October of 2019, volumes are down 12%.
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
ACT Research: Commercial Vehicle Market Expectations Move Higher
According to ACT’s latest release of the North American Commercial Vehicle OUTLOOK, even before the pandemic plunge in Q2, there was never serious doubt that the demand for commercial vehicles would rise in 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
ACT Research: Preliminary NA Classes 5-8 Vehicle Orders Positive for Fifth Consecutive Month
Preliminary NA Class 8 net orders in October were 38,900 units, up 27% from September and a 78% improvement from year-ago October. NA Classes 5-7 demand jumped to a ten-quarter high (March 2018) in October, to 29,300 units. That order volume represents an improvement of 6% from September and an 84% uptick compared to last year. Complete industry data for October, including final order numbers, will be published by ACT Research in mid-November.
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: Rising CV Demand Forecasts Represent Pull-Forward of Cyclical Expectations
In the release of its Commercial Vehicle Dealer Digest, ACT Research reported that the company increased its forecasts earlier this month across the board.
Topics: 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