Equipment Canadian new truck registrations will recover gradually: IHS Markit March 9, 2021 Canadian Class 8 truck registrations plummeted nearly 20% in 2020, to 26,000 units according to data from IHS Markit. However, they’re expected to rebound nearly 15% to 30,000 units this…
Equipment OEMs scrambling to keep up with surging demand January 19, 2021 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…
Equipment Commercial vehicle outlook strong heading into 2021: ACT Research December 17, 2020 COLUMBUS, Ind. – Commercial vehicle demand will remain strong heading into 2021, according to ACT Research, which cited the arrival of a vaccine, the likelihood of stimulus spending, and healthy…
Equipment ECONOMIC WATCH: ACT Research increasingly bullish on commercial vehicle market October 12, 2020 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…
Business Management Commercial vehicle market rebounded sharply, but full recovery not imminent September 28, 2020 BLOOMINGTON, Ind. – The commercial vehicle market bounced back much more quickly and strongly than expected, but it will be late 2021 before it reaches pre-pandemic levels. During an FTR…
Business Management Commercial vehicle market recovery quicker, stronger than expected September 25, 2020 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…
Health & Safety ECONOMIC WATCH: Covid-19 tightens grip on economy, commercial vehicle demand April 13, 2020 COLUMBUS, Ind. – The Covid-19 pandemic has resulted in freefalling GDP assumptions, and by extension freight volumes, carrier profits, and expectations for commercial vehicle demand, ACT Research reported in its…
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…
Health & Safety Stricter winter tire and chain-up regulations proposed in B.C. April 5, 2018 VICTORIA, B.C. – The B.C. government is looking to make changes to its winter tire and commercial vehicle chain-up requirements in the wake of what has been – and continues…
