Business Management 7 things to know about the commercial vehicle market September 13, 2022 Industry forecaster FTR has the unenviable job of trying to predict where the commercial vehicle markets are heading, when even those who build the trucks are uncertain about what the…
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 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 Freight markets remain strong, but first signs of clouds on the horizon September 22, 2021 ACT Research reports that freight and commercial vehicle markets are likely to remain hot, but “there might be a cloud or two on the horizon.” Jim Meil, industry analyst, noted…
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…
Transportation ‘Red tag’ inventories grow as truck and trailer makers struggle to meet demand September 10, 2021 “We’re in catch-up mode and we’re going to be in catch-up mode for a while.” That’s how Don Ake, vice-president – commercial vehicles for industry forecaster FTR characterizes the current…
Business Management Truck, trailer and freight demand all to remain strong: FTR June 3, 2021 “We need trucks on the road, the market is desperate for trucks, and we can’t get them.” That was how Don Ake, vice-president – commercial vehicles with industry forecaster FTR…
Business Management U.S. economy back on track, but labor market, inflation are concerns May 13, 2021 The U.S. economy will grow at about 9.3% this quarter, then growth will decelerate but still post a strong 6.3% GDP gain on the full year. That’s the most recent…
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…
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…
Equipment Truck and trailer orders normalizing, not crashing: FTR September 11, 2019 INDIANAPOLIS, Ind. – Class 8 truck orders have fallen sharply in recent months, but FTR forecasters aren’t sounding any alarms, and say the drop marks a return to more normal…
Business Management US truck freight to grow 29% over next 11 years: ATA July 27, 2015 WASHINGTON, D.C. — The long-term outlook for trucking in the US is rosy, with freight volumes projected to increase nearly 29% over the next 11 years. That’s according to a…
Business Management Digging deep and broad November 14, 2014 Performing a true cost of ownership analysis means searching all departments
Business Management Uncertain but not anxious September 10, 2014 Conflicting statistics and economic indicators don't sink positive expectations for next year. On the release of Fleet Executive's Annual Equipment Buying Trends Survey we compile data for a look at where the trucking industry will be in 2015.
