February net US trailer orders of 12.7k units were down 15% month-over-month and 45% below the previous year. Before accounting for cancellations, new orders of 14.8k were down 12% versus January, according to this month’s issue of ACT Research’s State of the Industry: U.S. Trailer Report.
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
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.
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
According to this quarter’s issue of ACT Research’s Trailer Components Report, the US trailer industry is facing lower demand and supply chain disruptions that could lead to a “catch-22.”
Topics: logistics, Trailers, Press Releases, TrailerComponents, supply chain, north american trucking, american truck and trailer, commercial truck and trailer, transportation industry news, trucking, commercial trailer, us trailer, trailer production, north american trailer
New US trailer orders of 16.8k were down 9% month-over-month in January, and after accounting for cancellations, net orders of 15.0k dropped 15%. Longer-term comparisons show net orders down 28% year-over-year, according to this month’s issue of ACT Research’s State of the Industry: U.S. Trailer Report.
Topics: logistics, Trailers, Press Releases, supply chain, 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
New US trailer orders of 18.4k were down 13% month-over-month in December, and after accounting for cancellations, net orders of 17.7k dropped 11%. Longer-term comparisons show net orders down 35% year-over-year and 51% lower compared to full-year 2018, according to this month’s issue of ACT Research’s State of the Industry: U.S. Trailer Report.
Topics: logistics, Trailers, Press Releases, supply chain, commercial vehicle sales data, truck market, truck freight, north american trucking, 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 December 2019 indicates trailer manufacturers booked 17.2k net orders to their orderboards last month, a 13% decline from November volume. Activity was 37% below last December. For the full year, the industry booked just under 205k net orders, a 51% decline versus 2018 volume. That annual volume was the lowest since 2011.
Topics: logistics, Trailers, Press Releases, supply chain, commercial vehicle sales data, truck freight, american truck and trailer, commercial truck and trailer, transportation industry news, trucking, commercial trailer, us trailer, trailer production, north american trailer
In August 2018, ACT Research released its landmark multi-client study, Commercial Vehicle Electrification: To Charge or Not To Charge, to charter subscribers. The study displaced guesswork and speculation on electric vehicles with rigorous analysis and hard metrics for sales and share. Our work recognizes electric power as a viable competitor to internal combustion engines, and examines advances in battery technology, environmental considerations and government policy, and quantifies the potential for significant operational cost savings. While commercial electric vehicles (CEVs) currently have a small beachhead on the market, the 2018 study confirmed they would steadily gain sales volume and capture significant market share in Classes 4-8 vehicle segments by 2035, the far horizon year of the analysis. Now, ACT Research is diving into the data once again and to update the 2018 work.
We're looking forward to working with charter subscribers, as well as adding participants for this second edition. With the continued evolution in electrification and additional players in the market over the last two years, we hope to expand the subscriber list, broadening the spectrum of participants. Our hope is a customer set fully reflective of the current and future state of commercial vehicle electrification.
A complete study prospectus can be downloaded by clicking the image to the right. To highlight, ACT's 2020 study update will include:
Complete with analysis, spreadsheets, and adoption scenarios for benefit of all customers and participants.
For more insights into our 2018 study version, watch the video below.
To connect with our team complete the form to the right or contact Ian McGriff at imcgriff@actresearch.net.
Topics: 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, commercial electric vehicle
New US trailer orders of 21.2k were down 43% month-over-month in November, and after accounting for cancellations, net orders of 19.8k dropped 38%, after hitting their fourth consecutive sequential rise in October. Longer-term comparisons show net orders down 56% year-over-year and 52% compared to the first 11 months of 2018, according to this month’s issue of ACT Research’s State of the Industry: U.S. Trailer Report. However, the report reminds readers that the year-over-year comparison is to the second-highest order month in history.
Topics: logistics, Trailers, Press Releases, class 8 trucks, commercial truck report, supply chain, commercial vehicle sales data, truck market, truck freight, north american trucking, american truck and trailer, commercial truck and trailer, transportation industry news, trucking, commercial trailer, us trailer, trailer production, north american trailer
ACT’s preliminary estimate for November indicates that trailer manufacturers booked 19.5k net orders to their orderboards last month, a 39% decline from October’s volume. Activity was 56% below November of 2018, while year-to-date net orders are just under half that of last year.
Topics: transportation, logistics, Press Releases, commercial truck report, supply chain, commercial vehicle sales data, north american trucking, american truck and trailer, commercial truck and trailer, transportation industry news, trucking, commercial trailer, us trailer, trailer production, heavy duty truck, north american trailer
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