Transportation ECONOMIC WATCH: ACT reassessing commercial vehicle demand, economic expectations April 3, 2020 COLUMBUS, Ind. – ACT Research has reported U.S. port and rail volumes are just now beginning to reflect the drop in Chinese output related to the global Covid-19 pandemic. In…
Equipment ECONOMIC WATCH: Truck orders plummet as Covid-19 impact felt April 3, 2020 COLUMBUS, Ind. – Class 8 net orders in March fell 45% to 7,800 units, according to preliminary data from ACT Research. Orders were down 51% year-over-year, while Classes 5-7 orders…
Equipment ECONOMIC WATCH: Coronavirus affecting equipment demand March 11, 2020 Kenny Vieth COLUMBUS, Ind. – ACT Research has trimmed its forecasts for commercial vehicle and trailer demand, due to a drop in economic activity related to the novel coronavirus…
Business Management ECONOMIC WATCH: Freight recession ending, pricing to swing back in carriers’ favor March 2, 2020 ORLANDO, Fla. – The freight cycle has bottomed and trucking conditions should improve later this year and into 2021 as freight demand and capacity come into balance. That was the…
Equipment Medium-duty orders ‘resilient’: ACT Research February 7, 2020 COLUMBUS, Ind. – Medium-duty truck orders have shown resilience over the past two months, following softness in late Q3 and early Q4 2019, ACT Research reports. January posted preliminary Classes…
Equipment Natural gas truck sales increased in 2019: ACT January 29, 2020 COLUMBUS, Ind. – Class 8 natural gas truck retail sales in the U.S. and Canada rose 20% year-over-year in the first 11 moths of 2019. ACT Research published the findings…
Transportation ECONOMIC WATCH: Trailer orders slid 51% in 2019 January 22, 2020 COLUMBUS, Ind. – U.S. trailer net orders finished 2019 down 51% from full-year 2018 levels, while December orders were off by 13% from November, according to ACT Research. “While seven…
Business Management ECONOMIC WATCH: Risk of U.S. recession has ‘largely faded,’ ACT reports January 20, 2020 COLUMBUS, Ind. – In its latest State of the Industry: NA Classes 5-8 Report, ACT Research predicted the U.S. economy will grow by 1.8% in 2020. “The risk of an…
Business Management ECONOMIC WATCH: Class 8 orders rebounded in December January 6, 2020 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…
Equipment Equipment sellers to see tougher conditions in 2020: ACT Research December 19, 2019 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…
Equipment Trailer orders bounce back November 18, 2019 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…
Equipment Trade war, consumer confidence to impact truck demand November 14, 2019 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…
Business Management Rates remain under pressure: ACT November 12, 2019 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…
Transportation Trade war biggest threat to commercial vehicle market: ACT October 15, 2019 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…
Business Management Spot market pressures to persist: ACT October 10, 2019 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…
