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ACT Research: Likelihood of Heavy Vehicle Market Recovery in 2021 Tempered

Posted by Jennifer McNealy on Dec 11, 2019 9:44:45 AM

According to ACT’s latest release of the North American Commercial Vehicle OUTLOOK, expectations for the Class 8 and trailer production volumes have been trimmed for 2020, and expectations of a recovery starting in 2021 have been tempered. Additionally, current order softness and excessive inventory building in the medium duty sector contributed to forecast reductions in the next two years for that segment, as well.

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Topics: freight, logistics, Press Releases, class 5-8 trucks, class 8 trucks, commercial truck report, 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, HeavyDuty, heavy duty truck, class8, class 8 truck engines

Freight Forecast: Lowering Truckload Spot Rate Forecasts on Freight Demand; What Could Drive Rates Up in 2020?

Posted by Jennifer McNealy on Dec 10, 2019 1:49:46 PM

ACT Research released the December 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: 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, us freight, commercial freight shipping, last mile delivery, freight rates

ACT Research: Preliminary Classes 5-8 Order Intake Failed to Sustain in November

Posted by Jennifer McNealy on Dec 3, 2019 9:00:00 PM

Preliminary November data show that Classes 5-8 net order volumes were uniformly soft. Combined NA Classes 5-8 intake fell 15% m/m and 38% y/y in November on a nominal basis. Preliminary North America Class 8 net order data show the industry booked 17,500 units in November, down 20% from October, while Classes 5-7 orders fell 8% m/m, to 15,300 units. Complete industry data for November, including final order numbers, will be published by ACT Research in mid-December.

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Topics: freight, transportation, logistics, shipping, 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, truck freight, north american trucking, class 8 truck, american truck and trailer, commercial truck and trailer, transportation industry news, trucking, HeavyDuty, semitruck, heavy duty truck, class8

ACT Research For-Hire Trucking Index: Bottoming Process Underway?

Posted by Jennifer McNealy on Dec 2, 2019 10:00:00 AM

The latest release of ACT’s For-Hire Trucking Index, with October data, showed a modest Volume Index, at 52.0 (SA). October’s slower growth followed a sharply stronger 59.6 in September. The Pricing Index returned to negative territory in October, at 45.8 (SA), after recovering with volumes in September, at 52.5.

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

ACT Research: Used Truck Sales Jumped 43% M/M, but YTD Are Down 17%

Posted by Jennifer McNealy on Nov 27, 2019 8:00:00 AM

In what is largely believed to be an anomaly, used Class 8 same dealer sales volumes jumped 43% m/m in October, following a 5% m/m loss in September, according to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research. Longer term, sales were up 7% y/y, but down 17% ytd compared to the first ten months of 2018. The report also indicated used Class 8 average miles increased month-over-month, rose 4%, and were virtually flat year-to-date, while average age inched up 1% compared to September but rose 4% on a year-to-date basis. Average price also shed 13% m/m, while growing 3% ytd.

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Topics: Press Releases, Used Trucks, class 8 trucks, commercial truck report, 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, class trucks for sale, used commercial truck, trucking, used truck values commercial, class8

ACT Research: U.S. Trailer Net Orders Up 71% M/M, but Down 42% Y/Y and 52% YTD

Posted by Jennifer McNealy on Nov 21, 2019 4:15:00 PM

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.

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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

ACT Research: Carriers Add Capacity, While US Industrial Downturn Deepens

Posted by Jennifer McNealy on Nov 18, 2019 4:00:00 PM

According to ACT Research’s (ACT) latest State of the Industry: Classes 5-8 Report, parts of the freight economy may be flashing the occasional “green shoot,” but it is not completely clear whether the industry has reached the nadir of the current freight cycle.

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Topics: freight, logistics, Press Releases, class 5-8 trucks, class 8 trucks, commercial truck report, 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, HeavyDuty, heavy duty truck, class8

ACT Research: U.S. Trailer Preliminary Net Orders Surge 71% M/M in October, but Were Off 42% Y/Y and Down 52% YTD

Posted by Jennifer McNealy on Nov 15, 2019 7:15:00 PM

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.

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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

ACT Research: Heavy Duty Market Anticipating Accelerating Pullback in Build Rates

Posted by Jennifer McNealy on Nov 12, 2019 10:41:36 AM

According to ACT’s latest release of the North American Commercial Vehicle OUTLOOK, 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, medium duty market indicators continue to support a modest correction into 2020.

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Topics: shipping, Classes 5-8, Economy, NA CV OUTLOOK, Press Releases, class 5-8 trucks, class 8 trucks, commercial truck report, 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, intermodal, demand planning, us freight, commercial freight shipping, freight rates, HeavyDuty, Economics, semitruck, heavy duty truck, GDP

ACT Research Freight Forecast: TL Contract Rates Turn Lower with More to Go

Posted by Jennifer McNealy on Nov 11, 2019 4:00:00 PM

ACT Research released the November 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: freight, freight forecast, freight rate, transportation, 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

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

 

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