Record-setting demand for Class 8 trucks over past six months

Class 8 truck orders continued to be strong in March, setting an unprecedented six-month streak of order levels above 40,000 units. Preliminary figures from FTR show March orders were down…

Fleets continue ordering trucks at ‘near-record levels’

Class 8 truck orders remained strong in February, with an impressive 44,000 units booked according to preliminary data from FTR. That was up 3% from January and 209% year-over-year, and…

OEMs scrambling to keep up with surging demand

What a difference a year makes. At the beginning of 2020, commercial vehicle manufacturers were dealing with falling demand for new trucks, while in 2021 the struggle is to ramp…

ACT projects record trucking profits, increased truck demand in ’21

ACT Research is upping its outlook for commercial vehicle demand, as strong freight markets have driven higher-than-expected commercial vehicle build rates. “If you don’t work in a consumer-facing economic sector,…

ECONOMIC WATCH: ACT Research increasingly bullish on commercial vehicle market

COLUMBUS, Ind. – ACT Research has increased its commercial vehicle forecast across the board in October. “Central to our growing bullishness on current activity translating into the next up-cycle are…

Commercial vehicle market recovery quicker, stronger than expected

RESEARCH TRIANGLE PARK, N.C. – Heavy-Duty Manufacturers Association (HDMA) members responding to a September Pulse Survey said they expect their U.S. and Canada commercial vehicle business to be down an…

ECONOMIC WATCH: Class 8 production to drop 66%, ACT predicts

COLUMBUS, Ind. – Class 8 production this year will plummet about 66%, according to a prediction from industry analyst ACT Research, published in its North American Commercial Vehicle On-Highway Engine…

Class 8 orders disappoint in November

BLOOMINGTON, Ind. – North American Class 8 orders came in at a “disappointing” 17,300 units in November, according to preliminary data from FTR. That’s a 21% decrease from October, and…

“Significant correction” coming for Class 8 market: ACT

COLUMBUS, Ind. – The Class 8 truck market is on the cusp of a significant correction, according to the latest Transportation Digest from ACT Research. The report also suggests the…

August Class 8 orders set new record

COLUMBUS, Ind. – It was a record August for Class 8 truck orders, according to data from ACT Research. There were 53,069 units booked in August, marking the sixth time…

Truck orders dip in April

COLUMBUS, Ind. – Classes 5-8 net orders slowed in April, but were still up 40% year-over-year, according to preliminary data from ACT Research. ACT reported Classes 5-8 net orders of…

FTR boosts truck, trailer demand outlook

BLOOMINGTON, Ind. – Industry forecaster FTR is significantly increasing its outlook for Class 8 and commercial trailer shipments. It is now pegging North American Class 8 factory shipments for 2018…

Canadian Class 8 orders up 259% y-o-y in January

COLUMBUS, Ind. – January Class 8 truck orders were up 121% year-over-year, marking their second-best level in history, according to ACT Research. North American Class 8 orders totaled 49,100-plus units.

Navistar returns to profitability, anticipates strong 2018

LISLE, Ill. – Navistar International returned to profitability in the fourth quarter of 2017, reporting Q4 net income of US$135 million on revenues of $2.6 billion. It wrapped up the…

Class 8 orders surged in October

BLOOMINGTON, Ind. – Preliminary North American Class 8 net orders reached 35,700 units in October, marking a 62% month-over-month increase, according to FTR. That’s a 167% increase from October 2016.