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ACT Research: US Economy Better Than A Month Ago, CV Industry Looking Toward Recovery

Posted by Jennifer McNealy on Jun 25, 2020 12:00:00 PM

In the release of its Commercial Vehicle Dealer Digest, ACT Research found much more to like about the state of the economy today than was visible on month ago, now that the US re-opening is underway.

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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

ACT Research: COVID-19 Impact Continues, But Improvement Showing in Data

Posted by Jennifer McNealy on Jun 24, 2020 2:00:00 PM

According to ACT Research’s recently released Transportation Digest, the shock waves of the COVID-19 recession continue to depress both the North American and global economies, with June marking the fourth month of what will go down in the record books as the most severe business cycle downturn since the Great Depression. The report noted that the extent of the shock was a near total surprise to businesses and forecasters in the months of March and April.

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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

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

ACT Research: Post-COVID-19 Restarts

Posted by Jennifer McNealy on May 27, 2020 8:00:00 AM

In the release of its Commercial Vehicle Dealer Digest, ACT Research is predicting that the economy will transition from contraction to growth over the course of Q3 and Q4, acknowledging that after the current focus on saving lives will come the challenge of saving livelihoods.

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Topics: Press Releases, medium duty truck, commercial vehicle sales data, truck market, north american trucking, class 8 truck, american truck and trailer, transportation industry news, trucking, heavy duty truck

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: COVID-19 Impact Most Severe Now, Potential for Recovery Starting to Emerge

Posted by Jennifer McNealy on May 22, 2020 3:30:00 PM

According to ACT Research’s recently released Transportation Digest, the COVID-19 pandemic is having its most severe impact on North American, and global, economic activity right now. The report noted that the extent of the shock was a near total surprise to businesses and forecasters in the month of March, but by early April, the broad outlines of the plunge in activity and the potential for a second half recovery started to emerge.

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Topics: 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

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

ACT Research: U.S. Trailer April Preliminary Net Orders of 250 Trailers, as Fleets Dramatically Reduce Investment Plans

Posted by Jennifer McNealy on May 19, 2020 3:04:04 PM

Preliminary April net U.S. trailer orders were 250 units, an all-time monthly low for the industry. Volume was 97% down from March and 98% below the same month last year.

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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

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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