According to the recent release of ACT Research’s China Commercial Vehicle OUTLOOK, China’s heavy and medium commercial vehicle markets reported an uptick in sales during 2020’s third quarter, following the ground lost from the severe setback in Q1’20 due to the COVID-19 virus and the recovery that started in Q2.
Topics: Press Releases, transportation industry news, china heavy truck, china cv markets
In the release of its Commercial Vehicle Dealer Digest, ACT Research reported that the strength in new commercial vehicle demand can be summed with strength in freight rates.
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
According to ACT Research’s recently released Transportation Digest, the 2020 heavy-duty truck market will close on a robust note, setting the stage for 2021.
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
According to ACT Research’s (ACT) latest State of the Industry: NA Classes 5-8 Report, with the beginning of COVID vaccine distribution, the likelihood of Congressional assistance for those still suffering from COVID’s impact, and healthy freight rates, commercial vehicle demand remains strongly positioned heading into 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
Preliminary information for November indicates that the U.S. trailer industry booked 39,500 net orders for the month. While down 28% from October, November volume was nearly double that seen in the same month last year. The industry has now had six consecutive months with solid year-over-year gains in net orders, and November will likely rank in the industry’s top 10 months. Final volume will be available later this month. This preliminary market estimate should be within +/- 3% of the final order tally.
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
Preliminary used Class 8 volumes (same dealer sales) dropped 20% month-over-month in November, but are 18% higher year-to-date compared to the first 11 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 November of 2019, volumes gained 32%.
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 released the latest installment of the ACT Freight Forecast, U.S. Rate and Volume OUTLOOK report.
Topics: freight, freight forecast, freight rate, logistics, 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
According to ACT’s latest release of the North American Commercial Vehicle OUTLOOK, the strength in new commercial vehicle demand is a direct result of strength in freight rates.
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
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.
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
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