Business Management Trailer orders rise as backlog-to-build ratio improves September 20, 2022 Trailer orders rose 6% in August to 17,700 units, according to preliminary data from ACT Research, but were up a more significant 39% year over year. “With 2023 order boards…
Equipment Class 8 orders rebounded in August September 6, 2022 Class 8 orders bounced back to 21,600 units in August, according to preliminary data from ACT Research. “Last month, we sounded a note of caution, with the caveat that there…
Business Management Class 8 orders fell sharply in July August 3, 2022 North American Class 8 truck orders fell sharply in July, according to preliminary data from ACT Research, but it’s not clear what was driving the decline. Class 8 orders totaled…
Equipment Trailer orders fell 21% in June July 15, 2022 North American fleets ordered 15,300 trailers in June, according to preliminary data from ACT Research, down about 21% from May but up 33% year over year. “With 2023 order boards…
Business Management Mild recession now base case scenario: ACT July 14, 2022 ACT Research now projects that a mild recession is the base case for the U.S. economy and North American commercial vehicle markets. It has lowered its GDP forecast, but the…
Business Management Recession risks growing: ACT Research June 30, 2022 There’s about a 50/50 chance of a recession in the U.S., but truck makers will benefit from pent-up demand and trucking company profitability, ACT Research reports. “With the current head…
Business Management Trailer orders soft in January as OEMs manage backlogs February 11, 2022 Trailer orders totaled 26,100 units in January, according to preliminary data from ACT Research, representing a soft start to the year and coming in just shy of December’s orders of…
Equipment Class 8 orders weak in January due to ‘supply-side shortages’ February 3, 2022 Class 8 orders in January totaled just 21,300 units, with Classes 5-7 orders dropping to 16,500, according to preliminary data from ACT Research. The industry analyst attributes weak order activity…
Business Management Omicron slowing rebalancing of truck capacity: ACT January 27, 2022 The trucking capacity rebalancing that was taking place in the U.S. has been interrupted with the spread of the Omicron Covid variant, according to ACT Research’s For-Hire Trucking Index in…
Equipment Natural gas truck sales rise, but focus turning to electric: ACT January 25, 2022 Natural gas truck sales in the U.S. and Canada were up 3% through the first 11 months of 2021, according to the Alternative Fuels Quarterly report from ACT Research. “Sales…
Business Management Commercial vehicle demand enters 2022 ‘like a lion’: ACT January 20, 2022 Demand for commercial vehicles were “materially above expectations” in the first month of 2022, reports ACT Research, and strong fundamentals point to continued high demand. “We start 2022 as 2021…
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 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…
