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ACT Research: CV Forecasts Upgraded for 2020

Posted by Jennifer McNealy on Jul 14, 2020 8:00:00 AM

According to ACT’s latest release of the North American Commercial Vehicle OUTLOOK, forecasts for 2020 were marked up across the board in July. The report cites the uptick as a result of the impact of nearly $6 trillion in stimulus to date, better-than-expected economic activity in June, freight rates boosted by a driver shortfall that was created by massive layoffs and extended unemployment benefits, and preliminary June metrics that were well above trend.

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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

Freight Forecast: Pandemic Response Creates Driver Shortage, Pulling Rate Cycle Forward

Posted by Jennifer McNealy on Jul 13, 2020 8:00:00 AM

ACT Research released the July installment of the ACT Freight Forecast, U.S. Rate and Volume OUTLOOK report. This monthly 56-page ACT Freight Forecast report provides three-year forecasts for volumes and contract rates for the truckload, less-than-truckload and intermodal sectors of the transportation industry. For the truckload spot market, the report forecasts rates for the next 12-15 months, and this month introduced a forecast for Q3’21. The Freight Forecast provides unmatched detail on the freight rate outlook, helping companies across the supply chain plan their business with greater visibility and less uncertainty.

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Topics: freight, freight forecast, 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

ACT Research: Rapid Freight Rate Improvement Contributes to Spike in June NA Class 8 Net Orders

Posted by Jennifer McNealy on Jul 2, 2020 6:30:00 PM

Preliminary NA Class 8 net orders in June were 16,000 units, rising 139% from May, and up 23% from a very easy year-ago comparison. The NA Classes 5-7 market saw orders improve 77% month-over-month, despite being down 20% from the year-ago June volume. Complete industry data for June, including final order numbers, will be published by ACT Research in mid-July.

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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 For-Hire Trucking Index: May’s Rebounds to Neutral Territory Are Marked Improvement from April’s “Worst Readings” In History

Posted by Jennifer McNealy on Jun 23, 2020 5:31:58 PM

The latest release of ACT’s For-Hire Trucking Index, with May data, showed significant improvement in all five diffusion index measures tracked. May’s Volume Index rose from 19.3 in April to 50.2, with capacity also at the neutral 50 mark, and pricing and productivity both in the mid-40 range.

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Topics: freight, freight forecast, 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: U.S. Trailer Net Orders Record Significant Sequential Improvement in May, But 71% Lower Y/Y

Posted by Jennifer McNealy on Jun 22, 2020 10:02:27 AM

May net US trailer orders of 3,107 units were a significant improvement from April, but net orders remain below May 2019’s level, down 71%. Before accounting for cancellations, new orders of 7.4k units were up 29% versus April, according to this month’s issue of ACT Research’s State of the Industry: U.S. Trailer Report.

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Topics: logistics, 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: May CV Data Showing Pandemic’s Mark

Posted by Jennifer McNealy on Jun 17, 2020 9:36:08 AM

According to ACT Research’s (ACT) latest State of the Industry: NA Classes 5-8 Report, the economy continues to re-open with some very big numbers being reported on easy comparisons, after falling sharply the past few 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, 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

Freight Forecast: Bottoming Process Accelerates, But Latent Capacity Puts Rate Rebound At Risk

Posted by Jennifer McNealy on Jun 11, 2020 11:02:32 AM

ACT Research released the June installment of the ACT Freight Forecast, U.S. Rate and Volume OUTLOOK report. This monthly 56-page ACT Freight Forecast report provides three-year forecasts for volumes and contract rates for the truckload, less-than-truckload and intermodal sectors of the transportation industry. For the truckload spot market, the report forecasts rates for the next 12-15 months. The Freight Forecast provides unmatched detail on the future of freight rates, helping companies across the supply chain plan their business with greater visibility and less uncertainty

Read More

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

ACT Research: April Used Truck Metrics Show Volumes, Price and Miles Down M/M, Age Up

Posted by Jennifer McNealy on May 26, 2020 10:00:00 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 same dealer sales volumes dropped 15% month-over-month in April, with longer-term sales dropping 7% year-over-year compared to April 2019, but holding onto an 8% year-to-date gain. The report also indicated that used Class 8 average price and miles fell from March’s levels, down 4% and 2%, respectively, with average age 2% higher than the previous month. Longer term, average price, miles and age all contracted year-over-year, as well as year-to-date, down respectively from the first four months of 2019 by 17%, 1%, and 5%.

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Topics: Press Releases, Used Trucks, commercial truck report, 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, used commercial truck, used truck values commercial, heavy duty truck

ACT Research: U.S. Trailer Net Orders Dropped 97% Sequentially in April, -99% Y/Y

Posted by Jennifer McNealy on May 21, 2020 10:34:38 AM

April net US trailer orders of 209 units were down 97% month-over-month and 99% below the previous year. Before accounting for cancellations, new orders of 5.7k units were down 57% versus March, according to this month’s issue of ACT Research’s State of the Industry: U.S. Trailer Report.

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Topics: logistics, Press Releases, 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, trucking, commercial trailer, us trailer, trailer production, north american trailer, class8

ACT Research: April CV Data Showing Full COVID-19 Impact, Data Lowest in Decades

Posted by Jennifer McNealy on May 20, 2020 12:13:02 PM

According to ACT Research’s (ACT) latest State of the Industry: NA Classes 5-8 Report, COVID-19 was in evidence across the commercial vehicle statistics in April, with Class 8 net orders at their lowest level since September 1995 and medium-duty orders at their worst in a decade. 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, supply chain, medium duty truck, commercial vehicle sales data, truck market, truck freight, north american trucking, american truck and trailer, commercial truck and trailer, transportation industry news, trucking, 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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