In the release of its Commercial Vehicle Dealer Digest, ACT Research noted that expectations for the Class 8 and trailer markets anticipate an accelerating pullback in build rates, as freight market conditions remain at a low ebb. While less cliff-like, MD market indicators continue to support a modest correction into 2020.
Topics: CV Dealer Digest, Press Releases, 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, HeavyDuty, heavy duty truck, north american trailer, class8
According to ACT Research’s recently released Transportation Digest, the Class 8 market is moving from peak activity in sales and build in 2019 to a substantial correction in 2020. Activity for the total MD market was mixed in September, with weakness in sequential comparisons, but expansion still evident in longer-term performance.
Topics: Press Releases, Transportation Digest, commercial truck report, medium duty truck, commercial vehicle sales data, truck market, north american trucking, class 8 truck, commercial truck and trailer, transportation industry news, trucking, HeavyDuty, heavy duty truck, north american trailer, class8
New US trailer orders of 37.2k were up 72% month-over-month, and after accounting for cancellations, net orders of 31.8k hit their fourth consecutive sequential rise, increasing 71% from September, but down 42% compared to October of 2018. Year-to-date, however, net trailer orders are 52% below last year, according to this month’s issue of ACT Research’s State of the Industry: U.S. Trailer Report.
Topics: logistics, Trailers, Press Releases, class 8 trucks, supply chain, 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, commercial trailer, us trailer, trailer production, north american trailer, class8
According to this quarter’s issue of ACT Research’s Trailer Components Report, trailer industry net orders have now posted y/y declines for the last 10 months. YTD September net orders were down 54% versus 2018. Dry van and reefer net orders were both weaker than the industry average, while only medium lowbeds had a positive y/y result, but just 3% better than last year.
Topics: logistics, Trailers, Press Releases, TrailerComponents, class 8 trucks, supply chain, commercial vehicle sales data, truck market, north american trucking, class 8 truck, american truck and trailer, commercial truck and trailer, transportation industry news, trucking, commercial trailer, us trailer, trailer production, north american trailer, class8
ACT’s preliminary estimate for October indicates that trailer manufacturers booked 31.9k net orders to their orderboards last month, a 71% spike from September and the second straight month of sequential growth greater than 70%. Volume was 42% below last year, but slightly above the same month in 2017. Year-to-date, net orders are off 52% from the torrid pace of 2018.
Topics: logistics, Trailers, Press Releases, supply chain, 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, commercial trailer, us trailer, trailer production, north american trailer, class8