You Depend on Data. Depend on ACT Research

 

Businesses depend on data to make decisions and solve problems. Businesses in the commercial vehicle markets depend on ACT Research for their data needs. When OEMs, suppliers, and investment firms need information on the market, ACT Research is the leading resource in the industry for analysis and data, providing both a future look at the market in the North America Commercial Vehicle Outlook, as well as a current market analysis in the State of the Industry: North American Classes 5-8 report. In the Classes 5-8 report, ACT receives monthly data for Classes 5-8 directly from the OEMs. ACT Research has been collecting this data since 1996, publishing a report and database rich in market indicators of the commercial vehicle markets. Indicators include backlog, build (production), inventory, new order, cancellation, net order, factory shipment and retail sales statistics monthly from all major North American Classes 5-8 vehicle manufacturers. Data cover the U.S., Canadian, Mexican, and export markets. A list of ACT’s commercial motor vehicle definitions can be found below.

Topics: freight, freight forecast, freight rate, transportation, logistics, shipping, Classes 5-8, NA CV OUTLOOK, class 5-8 trucks, class 8 trucks, commercial truck report

According to ACT Research’s (ACT) latest release of the North American Commercial Vehicle OUTLOOK, the key risk to all commercial vehicle market forecasts remains the on-again trade war with China, but well-positioned consumers are keeping the US economy out of the ditch.

Topics: freight rate, transportation, logistics, shipping, Classes 5-8, Economy, NA CV OUTLOOK, Press Releases

According to ACT Research’s (ACT) latest release of the North American Commercial Vehicle OUTLOOK, expectations for the Class 8 and trailer markets anticipate an immanent pullback in build rates, as market conditions continue to deteriorate.

Topics: freight, freight rate, transportation, logistics, shipping, Trailers, Classes 5-8, Economy, NA CV OUTLOOK, Press Releases, class 5-8 trucks, commercial truck report

 

Understanding the current commercial vehicle market is pertinent for so many businesses. For sales projections and budgeting and many more reasons, understanding the current state of the industry is why ACT Research developed it's State of the Industry series, particularly the N.A. Classes 5-8 report.

Topics: freight, freight forecast, freight rate, transportation, logistics, shipping, Classes 5-8, NA CV OUTLOOK, class 5-8 trucks, class 8 trucks, commercial truck report, supply chain

An article released by the Wall Street Journal on September 1, 2019 discusses the impact that the 2018 boom in Classes 5-8 truck manufacturing has had on freight in 2019.

Falling freight rates (as much as 20%) have been attributed to "more trucks than there are loads" for truckers and shippers.

Topics: freight, freight forecast, freight rate, transportation, logistics, shipping, Classes 5-8, NA CV OUTLOOK, Used Trucks, class 5-8 trucks, commercial truck report, supply chain

On February 4, 2019, Kenny Vieth gave an interview with CNBC's Nightly Business Report. At that time the commercial vehicle trucking industry was coming out of a record setting year, 490,000 heavy duty, class 8 orders. However, questions were being asked about industry capacity and the potential for high backlogs (300,000 at the time of interview) and cancelations coming in later 2019. At the time of this interview, there was a 3-month decline in new truck orders, considered a signal of a potential slowdown.

Topics: freight, freight rate, transportation, logistics, shipping, Classes 5-8, Economy, NA CV OUTLOOK, class 5-8 trucks, class 8 trucks, commercial truck report

Steve Tam, Vice President of ACT Research, joined Steve Kingston of FreightWaves Radio for an interview at ACT Research's Seminar 61 this August 12-14, 2019. Steve and John discuss the Class 8, Medium Duty, Used Truck and Freight markets during their interview.

Topics: freight, freight forecast, freight rate, transportation, logistics, shipping, ACT in the News, Trailers, Classes 5-8, Economy, Engines, NA CV OUTLOOK, Used Trucks

According to ACT Research’s (ACT) latest release of the North American Commercial Vehicle OUTLOOK, the key risk to all commercial vehicle market forecasts remains the on-again trade war with China.

Topics: freight, transportation, Classes 5-8, Economy, NA CV OUTLOOK, Press Releases, Regulations

According to ACT Research’s (ACT) latest release of the North American Commercial Vehicle OUTLOOK, current data and anecdotes make a strong case that the heavy duty vehicle markets are at the edge of the precipice.

Topics: freight, transportation, logistics, shipping, Classes 5-8, NA CV OUTLOOK, Press Releases

According to ACT Research’s (ACT) latest release of the North American Commercial Vehicle OUTLOOK, current Class 8 build rates may suggest upside to the 2019 forecast, but large new inventories and deteriorating freight and rate conditions suggest erring on the side of caution remains the right call.

Topics: freight rate, transportation, Trailers, Classes 5-8, Economy, NA CV OUTLOOK, Press Releases, Regulations