Business Management Omicron to keep freight markets “tighter for longer”: ACT Research January 12, 2022 As the highly contagious Omicron variant of Covid-19 contributes to increased employ absenteeism, transportation markets are likely to remain tight, ACT Research reported in its latest freight forecast. “The freight…
Equipment Class 8 order weakness a result of lengthy backlogs January 6, 2022 Preliminary Class 8 orders in December totaled 22,800 units, according to ACT Research, while Classes 5-8 orders dropped to 18,100 units. “For Class 8, with backlogs stretching through 2022 and…
Business Management More of the same ahead in 2022: ACT Research December 24, 2021 The issues that defined 2021 – supply chain difficulties, Covid, inflation, high energy prices, robust freight and rates – are likely to continue to be the dominant issues of 2022.
Business Management Class 8 orders plummet, but not due to slowing demand December 6, 2021 New truck orders plummeted in November, but not because demand for new equipment has waned. Preliminary Class 8 orders totaled 9,500 units according to FTR, down 41% from October levels…
Business Management Trucking companies experiencing an “everything” shortage: ACT Research December 1, 2021 Trucking capacity remains “range-bound” according to the latest Commercial Vehicle Dealer Digest report from ACT Research, as fleets experience a shortage of “everything.” “While the focus is on silicon and…
Business Management Drivers returning to the workforce: ACT November 30, 2021 ACT Research’s For-Hire Trucking Index reflected a decrease in volumes, pricing, and productivity, with more drivers returning to work, adding some capacity. “While the pandemic continues to cast uncertainty, the…
Business Management Trailer orders slump in October as OEMs remain cautious in taking orders November 16, 2021 Trailer orders fell 40% in October, and were down 70% year over year, according to preliminary data from ACT Research. The industry forecaster says trailer manufacturers continue to be slow…
Equipment Trailer orders spike in September but OEMs remain cautious October 22, 2021 Trailer orders more than doubled in September, to just more than 28,000 units, as some manufacturers began taking orders for 2022. ACT Research reported 28,127 units, up 126% from August…
Business Management ACT’s freight forecast: ‘Stronger for longer’ September 15, 2021 ACT Research is forecasting a peak freight season that will be stronger for longer than usual. “Freight markets remain tight as we head into a clearly historic peak season with…
Equipment ACT Research slashes production forecast as component shortages linger September 13, 2021 ACT Research is slashing its production forecasts for this year and next, as truck makers cope with supply issues. “In the current period of [near] record demand for commercial vehicles…
Business Management ‘Recipe right for record rate increases’: ACT Research August 20, 2021 ACT Research’s For-Hire Trucking Index in July showed an uptick in freight volumes with pricing moderate, but a strong supply-demand balance for truckers. “As volume growth reaccelerated, ACT’s For-Hire Pricing…
Equipment Medium-duty orders surge to sixth best month ever: ACT August 4, 2021 Class 8 orders were flat in July at 25,800 units, according to preliminary data from ACT Research, but medium-duty orders jumped 30%. The 30,200 Classes 5-7 orders were up 70%…
Business Management Trucking market leveling off at high level: ACT July 23, 2021 ACT Research says in its Transportation Digest that the trucking industry is stabilizing at high levels, and despite slowing growth won’t fall off a cliff. “Indicators we track for the…
Business Management U.S. economy, freight markets have room to run: ACT July 14, 2021 There is considerable steam left in the boiler that will continue to propel the economy broadly, and freight markets specifically. That’s the message industry forecaster ACT Research gave in its…
Equipment Trailer orders soft in June, but records may be set in months ahead July 14, 2021 June trailer orders remained soften June at 11,100 units according to preliminary data from ACT Research. That’s a 20% increase from May but 19% off last June. “While the sequential…
