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ACT Research: November Used Truck Metrics Show Average Prices Continued to Climb M/M, with Volumes, Average Miles and Age Down for the Same Time Period

Posted by Jennifer McNealy on Dec 24, 2020 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 same dealer sales volumes, average miles and average age all declined m/m, down 22%, 2%, and 3%, respectively, compared to October. Longer term, same dealer sales volumes were up 21% year-to-date against the first 11 months of 2019, with average price, miles and age all below November 2019 ytd rates, down 10%, 3%, and 8%, respectively.

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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: U.S. Trailer Net Orders Down Sequentially, But Still Solid in November

Posted by Jennifer McNealy on Dec 23, 2020 7:30:00 AM

November net US trailer orders of 39,645 units fell nearly 28% from the previous month, but that followed a two-month order surge and still indicates a solid month. Net orders were up 100% year-over-year and more than 30% ytd compared to the first 11 months of 2019. Before accounting for cancellations, new orders of 41k units were down 28% versus October, but 94% better year-over-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, 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: N.A. Commercial Vehicle Demand Remains Strongly Positioned Heading into 2021

Posted by Jennifer McNealy on Dec 17, 2020 8:30:00 AM

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.

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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: Preliminary Results Show More Than 39k Net Trailer Orders Posted in November

Posted by Jennifer McNealy on Dec 16, 2020 3:30:00 PM

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.

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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: Preliminary Used Class 8 Data for November Shows YTD Sales Up, With Average Price, Miles and Age All Lower

Posted by Jennifer McNealy on Dec 15, 2020 4:00:00 PM

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%.

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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 Freight Forecast: Freight Market Facing Shortages, Bottlenecks and Imbalances

Posted by Jennifer McNealy on Dec 11, 2020 10:30:00 AM

ACT Research released the latest installment of the ACT Freight Forecast, U.S. Rate and Volume OUTLOOK report.

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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, demand planning, us freight, commercial freight shipping, last mile delivery, freight rates

ACT Research: Strong Freight Rates Driving New Commercial Vehicle Demand

Posted by Jennifer McNealy on Dec 10, 2020 2:30:00 PM

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.

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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: Preliminary NA Classes 5-8 Vehicle Orders Still Healthy

Posted by Jennifer McNealy on Dec 2, 2020 6:21:25 PM

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.

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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: October Used Truck Metrics Show Volumes Remain Up YTD, with Average Price, Miles and Age Down for the Same Time Period

Posted by Jennifer McNealy on Nov 27, 2020 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 same dealer sales volumes were up 20% year-to-date against the first ten months of 2019, with average price, miles and age all below October 2019 ytd rates, down 11%, 2%, and 8%, respectively. Near term, the report indicated that used Class 8 sales volumes and average miles both fell, down 4% and 1% m/m, respectively, while average age was flat sequentially and average price rose 6% compared to September.

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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's For-Hire Trucking Index Highlights Tight Supply-Demand Balance

Posted by Jennifer McNealy on Nov 23, 2020 1:37:47 PM

The latest release of ACT’s For-Hire Trucking Index, with October data, showed a second consecutive month of record tightness. October’s Volume Index was flat at 70.7 (SA), while Pricing dropped two points to 69.2, but still a top-decile result. With capacity and driver availability in contraction territory, at 45.8 and 28.6, respectively, the combination of strong demand and tight supply pushed the Supply-Demand Balance to its tightest level in survey history, now at 74.9.

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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

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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