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ACT Research: COVID-19’s Negative Impact on Trucking Deepens with April Order Intake Data

Posted by Jennifer McNealy on May 5, 2020 12:12:36 PM

Preliminary NA Class 8 net orders in April fell to 4,100 units, down 46% from March and 72% lower than an easy year-ago comparison. Complete industry data for April, including final order numbers, will be published by ACT Research in mid-May.

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Topics: 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, transportation industry news, trucking, truck freight rates, heavy duty truck, class8

ACT Research: U.S. Trailer Net Orders Dropped 43% Sequentially in March, -51% Y/Y

Posted by Jennifer McNealy on Apr 17, 2020 4:30:00 PM

March net US trailer orders of 7.6k units were down 43% month-over-month and 51% below the previous year. Before accounting for cancellations, new orders of 13.2k were down 14% versus February, 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, american truck and trailer, commercial truck and trailer, transportation industry news, trucking, commercial trailer, us trailer, trailer production, north american trailer, class8

ACT Research: March CV Data Transitional, Full COVID-19 Impact Still Not Visible in Data

Posted by Jennifer McNealy on Apr 17, 2020 8:41:11 AM

According to ACT Research’s (ACT) latest State of the Industry: NA Classes 5-8 Report, truck transportation showed relatively strong performance on restocking activity into the end of March, making the month’s data largely transitional, rather than representative of activity expected in coming months. Additionally, the report noted that ACT Research has created an easily accessible webpage to track noteworthy high frequency macroeconomic and transportation-specific market indicators, which can be found at https://pages.actresearch.net/covid-19.

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Topics: freight, logistics, Press Releases, class 8 trucks, 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, class8

ACT Research: COVID-19 Grip Remains Tight on Global Economies and CV Demand

Posted by Jennifer McNealy on Apr 13, 2020 7:00:00 AM

According to ACT’s latest release of the North American Commercial Vehicle OUTLOOK, the continued spread of COVID-19 over the past month has resulted in freefalling GDP assumptions, and by extension freight volumes, carrier profits and expectations for commercial vehicle demand.

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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: COVID-19 CHANGING CV MARKET FORECASTING ASSUMPTIONS

Posted by Jennifer McNealy on Apr 3, 2020 1:00:00 PM

In the release of its Commercial Vehicle Dealer Digest, ACT Research reported that, starting in the second half of February, COVID-19 went from a China containment story to one of spiraling pandemic.

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Topics: logistics, CV Dealer Digest, Press Releases, class 8 trucks, commercial truck report, supply chain, 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: Evidence of COVID-19 Apparent in Preliminary March CV Order Intake Data

Posted by Jennifer McNealy on Apr 2, 2020 6:40:00 PM

Preliminary NA Class 8 net orders in March fell to 7,800 units, down 45% from February and 51% lower than an easy year-ago comparison. March’s Classes 5-7 net orders were 14,700 units, down 36% from February and 31% from year-ago levels. Complete industry data for March, including final order numbers, will be published by ACT Research in mid-April.

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Topics: freight, freight rate, transportation, logistics, shipping, Press Releases, class 5-8 trucks, class 8 trucks, commercial truck report, supply chain, 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, heavy duty truck

ACT Research: U.S. Trailer Net Orders Dropped 15% Sequentially in February, -45% Y/Y

Posted by Jennifer McNealy on Mar 19, 2020 6:00:00 AM

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.

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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

ACT Research: COVID-19 Little Impact on February CV Data, Future...

Posted by Jennifer McNealy on Mar 17, 2020 7:37:23 PM

According to ACT Research’s (ACT) latest State of the Industry: NA Classes 5-8 Report, Class 8 inventory-to-sales ratio, seasonally adjusted, hit 3.5 months in February, while the Classes 5-7 inventory-to-sales ratio dropped from a “highest in a decade” in January to 3.0 months in February.

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Topics: freight, logistics, Press Releases, class 5-8 trucks, class 8 trucks, commercial truck report, supply chain, medium duty truck, truck market, north american trucking, class 8 truck, american truck and trailer, commercial truck and trailer, transportation industry news, trucking, HeavyDuty, heavy duty truck, class8

Freight Forecast: ACT Research Updates Outlook for COVID-19 and Lower Commodities

Posted by Jennifer McNealy on Mar 13, 2020 4:26:19 PM

ACT Research released the March installment of the ACT Freight Forecast, U.S. Rate and Volume OUTLOOK report covering the truckload, intermodal, LTL and last mile sectors.

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Topics: logistics, Press Releases, commercial truck report, supply chain, truck freight, north american trucking, american truck and trailer, commercial truck and trailer, transportation industry news, trucking, intermodal, truck freight rates, demand planning, us freight, commercial freight shipping, last mile delivery

ACT Research: COVID-19 Impacts NA CV Markets

Posted by Jennifer McNealy on Mar 10, 2020 6:30:00 PM

According to ACT’s latest release of the North American Commercial Vehicle OUTLOOK, the global spread of the novel coronavirus, COVID-19, required ACT Research to do a foundational reassessment of near-term economic expectations, and by extension, NA commercial vehicle demand.

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Topics: transportation, logistics, shipping, China, Classes 5-8, Economy, Press Releases, class 5-8 trucks, class 8 trucks, commercial truck report, supply chain, 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, demand planning, last mile delivery, trailer production, HeavyDuty, Economics, semitruck, heavy duty truck, 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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