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ACT Research: Freight Generating Sectors Strong at the Start of 2021

Posted by Jennifer McNealy on Mar 5, 2021 7:30:00 AM

In the release of its Commercial Vehicle Dealer Digest, ACT Research reported that the freight-generating sectors of the economy are the strongest sectors at the start of 2021, with carrier profitability expected to rise to record levels this year, and backlogs filling rapidly. That said, ACT Research continues to note supply-chain concerns.

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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: Demand for Heavy-Duty Vehicles Hot in 2021

Posted by Jennifer McNealy on Mar 4, 2021 8:30:00 AM

According to ACT Research’s recently released Transportation Digest, the heavy-duty truck market exploded off the starting blocks at the beginning of the year, with order numbers that build on 2020’s strong close.

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Topics: Press Releases, Transportation Digest, 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 For-Hire Trucking Index Highlights New Low in Driver Availability

Posted by Jennifer McNealy on Mar 3, 2021 8:30:00 AM

The latest release of ACT’s For-Hire Trucking Index, with January data, showed a Driver Availability Index that has tightened to its lowest point in the past three years.

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Topics: freight, freight forecast, freight rate, logistics, ACT For-Hire Trucking Index, Press Releases, supply chain, truck freight, north american trucking, commercial truck and trailer, transportation industry news, trucking, intermodal, truck freight rates, demand planning, us freight, commercial freight shipping, last mile delivery, freight rates

ACT Research: Preliminary NA Classes 5-8 Vehicle Orders Continue Strong in February

Posted by Jennifer McNealy on Mar 2, 2021 7:05:00 PM

Preliminary NA Class 8 net orders in February were 43,800 units, up 4% from January, and a 212% improvement from year-ago February. NA Classes 5-7 demand, with orders at 25,400 units, slid 4% sequentially but were still up 12% compared to last February. Complete industry data for February, including final order numbers, will be published by ACT Research in mid-March.

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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: 2021 Opened with Used Class 8 Sales Volume and Price Down, While Average Miles and Age Rose

Posted by Jennifer McNealy on Mar 2, 2021 7:30:00 AM

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 volumes (same dealer sales) and average sale price fell sequentially in January, down 7% and 6% m/m, respectively. On the other hand, average miles were up 4% m/m and average age reported a 3% uptick from December. Longer term, same dealer sales volumes were up 19% y/y against January of 2020, while average price was virtually flat with a 1% y/y contraction, average miles changed by a similar amount in the opposite direction, up just 1% y/y, and average age was 2% lower compared to January of 2020.

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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: US Trailer OEMs Challenged to Increase Production Amid Component Constraints

Posted by Jennifer McNealy on Mar 1, 2021 7:30:00 AM

According to this quarter’s issue of ACT Research’s Trailer Components Report, trailer net orders have pushed the industry backlog higher for the past seven months, with January’s order level 66% above current build rates.

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Topics: logistics, Trailers, Press Releases, TrailerComponents, 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

Trucker and Freight & Logistics Panels Featured on Final Day of ACT Research’s 64th Seminar

Posted by Jennifer McNealy on Feb 26, 2021 12:49:27 PM

Day three of ACT Research’s semi-annual Outlook Seminar featured two panel discussions, the first included three fleet executives, while the second covered freight and logistic topics.

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Topics: freight, 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’s 64th Seminar Featured Used Truck, Class 8, and Electric Technology on Day Two

Posted by Jennifer McNealy on Feb 24, 2021 3:30:00 PM

Day two of ACT Research’s semi-annual Outlook Seminar began with a concentration of industry speakers talking about emerging technology, particularly electric powertrains and the use of hydrogen fuel. John Bennett, Meritor’s Vice President and Chief Technology Officer discussed electric powertrain options for heavy-duty commercial vehicles, while Dominik Beckman, Director of Marketing & Dealer Operations from Hino Motors, gave an OEM’s perspective on emerging technology, and Jeff Seger, Cummins’ Executive Director, Fuel Cell & Battery Powertrain Integration, provided the audience with that organization’s perspective on hydrogen technology.

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Topics: freight rate, logistics, Press Releases, EV, 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, commercial vehicle electrification, class8, commercial electric vehicle

ACT Research’s 64th Seminar Headlined with Economic and CV Discussions on Day One

Posted by Jennifer McNealy on Feb 23, 2021 5:30:34 PM

ACT Research began its 64th Seminar on February 23 via a virtual platform, with a panel discussion about the current state and future of US economics. Panelists included Ryan Reed, Director of Investor Relations at Wabash National, as well as ACT’s Principal, Industry Analyst, Jim Meil, and Chief Economist, Sam Kahan.

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Topics: freight, freight forecast, 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, truck freight rates, heavy duty truck, north american trailer, class8

ACT Research: U.S. Trailer Net Orders Open 2021 Significantly Stronger Versus January 2020

Posted by Jennifer McNealy on Feb 22, 2021 4:00:00 PM

January net US trailer orders of 30,680 units fell more than 30% from the previous month, but rose nearly 105% compared to January of 2020. Before accounting for cancellations, new orders of 32.1k units were down 30% versus December, but 91% better than the previous January, according to this month’s issue of ACT Research’s State of the Industry: U.S. Trailer Report.

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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

About ACT Research

We're the leading publisher of industry data, market analysis, and economic forecasting services for the commercial vehicle and transportation industries.

2019 Lawrence R. Klein Award Winner: Most Accurate Economic Forecast 2015-2019

  Partner to LMC Automotive and the Chinese State Information Center

  Contributor to the Blue Chip Financial and Wall Street Journal Consensus Economic Forecast


 

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