Company
ACT Research Co. (ACT)
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ECONOMIC WATCH: Class 8 orders rebounded in December
COLUMBUS, Ind. – Preliminary Class 8 truck orders reported by ACT Research totaled 20,000 units in December, up 14% from November and down just 6.5% year-over-year. “Overbuying through 2019 and insufficient freight to absorb the ensuing capacity overhang continued to…
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Equipment sellers to see tougher conditions in 2020: ACT Research
COLUMBUS, Ind. – Tougher conditions are in store for medium- and heavy-duty truck sellers in 2020, according to ACT Research’s latest State of the Industry: NA Classes 5-8 report. “After peak build and sales in 2019, significant declines are ahead…
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Trailer orders bounce back
COLUMBUS, Ind. – Trailer orders totaled 31,900 units in October, representing a 71% spike from September, but down 42% year-over-year, according to preliminary data from ACT Research. It marked the second straight month of sequential growth greater than 70%. Year-to-date…
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Trade war, consumer confidence to impact truck demand
COLUMBUS, Ind. – The main risk facing the North American commercial vehicle market and the economy is the trade war with China, while the consumer remains the key driver of the economy. That’s from ACT Research and its North American…
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Rates remain under pressure: ACT
COLUMBUS, Ind. – ACT Research reports contract truckload rates fell to US$2.28 per mile in the third quarter, down 2% year-over-year. In its ACT Freight Forecast, U.S. Rate and Volume Outlook, the industry forecaster suggested further declines are in store.…
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Trade war biggest threat to commercial vehicle market: ACT
COLUMBUS, Ind. – A trade war with China remains the key risk to the North American commercial vehicle outlook and the overall economy, according to a new report from ACT Research. But consumer spending remains strong and could keep the…
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Spot market pressures to persist: ACT
COLUMBUS, Ind. – Spot market pressure is expected to persist, as more trucking capacity comes online, according to ACT Research’s Freight Forecast. The industry forecaster said it expects excess capacity to exert more downward pressure on truckload spot rates. “The…
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Class 8 orders up, medium-duty down in September
COLUMBUS, Ind. – Preliminary Class 8 truck orders totaled 12,600 units in September, a 13% increase from August. Classes 5-7 orders were down 9.4% at 17,300 units, according to ACT Research. “Little has changed since August with respect to the…
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Class 8 truck market to see ‘significant correction’: ACT
COLUMBUS, Ind. – The Class 8 truck market is moving into a significant correction next year, according to ACT Research. The medium-duty truck market remained soft in July, indicating it has moved past its cyclical peak, according to ACT’s recently…
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Class 8 truck market ‘at a turning point’: FTR
Class 8 truck orders in Auust were 80% lower than a year ago, but up 4% from July, according to preliminary data from FTR. Orders totaled 10,400 units, and have been averaging 11,000 per month since May. FTR says OEMs…
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Smaller displacement engines, gasoline increasing in popularity
COLUMBUS, Ind. – A new report from ACT Research and Rhein Associates indicates lower-displacement engines in Class 8 trucks and gasoline engines in medium-duty trucks are gaining favor. The report, N.A. Commercial Vehicle On-Highway Engine Outlook, indicated engines over 10…
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No rush for 2020 trailer build slots: ACT
COLUMBUS, Ind. – Trailer manufacturers have opened their 2020 orderboards, but fleets are reticent to invest in new equipment. That’s according to the latest State of the Industry: U.S. Trailer report from ACT Research. It reported final trailer orders of…
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Heavy-duty vehicle market on edge of precipice: ACT Research
COLUMBUS, Ind. – The heavy-duty vehicle markets are at the edge of a precipice, according to ACT Research’s latest North American Commercial Vehicle Outlook. “Since the start of this demand up-cycle in late 2017, we have targeted this year’s third…
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July Class 8 orders lowest since 2010
BLOOMINGTON, Ind. – Preliminary orders for Class 8 trucks in North America fell below 10,000 units in July, for the first time since 2010. FTR reported orders of 9,800 units, noting carriers appear to be in no rush to grab…
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Natural gas truck sales rebounding
COLUMBUS, Ind. – Natural gas-fueled Class 8 truck sales in the U.S. and Canada were up 43% year-to-date through May, according to ACT Research. Its Alternative Fuels Quarterly report also revealed natural gas truck sales were up 10% in May…
