According to preliminary data from ACT Research, Class 8 retail volumes (same dealer sales) increased 43% month over month in August but were 15% lower compared to August of 2021. read more
SEP 16, 2022 - 7:28 am
According to ACT Research, forecasts this month remain unchanged from last month. Demand remains healthy, production remains constrained by supply chain disruptions and tight labor markets, and freight rates and volumes managed to squeeze out small improvements. read more
SEP 14, 2022 - 7:28 am
According to preliminary data from ACT Research, North American Class 8 net orders in August were 21,600 units, while North American Classes 5-7 net orders were 18,400 units. read more
SEP 6, 2022 - 7:22 am
The National Association of Credit Management’s Credit Managers' Index (CMI) remained at a combined score of 55 in August, with improvements in unfavorable factor indexes offsetting deterioration in favorable factor indexes. read more
SEP 1, 2022 - 7:42 am
In the latest release of its Commercial Vehicle Dealer Digest, ACT Research reported shifts — both higher and lower adjustments, but in aggregate, lower still — in forecasts last month to incorporate an inbound recession. read more
AUG 30, 2022 - 7:27 am
According to ACT Research’s recently released Transportation Digest. the top line on the Class 8 tractor dashboard was unchanged in June, marking the fourth month of moderately downbeat readings. read more
AUG 24, 2022 - 7:34 am
According to the Equipment Leasing and Finance Association, overall new business volume for July was $10.1 billion, up 2% year over year from new business volume in July 2021. However, volume was down 2% from $10.3 billion in June. read more
AUG 23, 2022 - 7:43 am
Surging inflation, the Fed hiking interest rates into a potential recession and supply chain disruptions remain overarching themes in the commercial vehicle market, according to ACT Research’s latest State of the Industry: NA Classes 5-8 report. read more
AUG 22, 2022 - 7:14 am
According to the Equipment Leasing & Finance Foundation’s August 2022 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI), overall confidence in the equipment finance market is 50, an increase from the July index of 46.1. read more
AUG 18, 2022 - 6:51 am
According to a survey of corporate executives, business owners and private equity investors from Stifel Financial, inflation and the tight U.S. labor market represent the two biggest perceived threats to business today. read more
AUG 18, 2022 - 6:45 am
ACT Research shifted its forecasts last month to include an inbound recession, while this month’s forecast changes were characterized by smaller adjustments, both higher and lower, as the shape of the downturn forecasts were fine-tuned. read more
AUG 12, 2022 - 7:20 am
According to American Trucking Associations’ 2022 driver compensation study, wages for American truckers rose significantly in 2021 as demand for drivers amid the ongoing driver shortage increased competition for talent. read more
AUG 11, 2022 - 7:30 am
According to Biz2Credit’s latest Small Business Lending Index, small business loan approval percentages at small banks rose from 21.1% in June to 21.2% in July, while approvals at big banks (more than $10 billion in assets) dipped from 15.4% in June to 15.3% in July. read more
AUG 10, 2022 - 7:27 am
According to a preliminary data in a recent ACT Research report, North American Class 8 net orders in July were 11,400 units, while Classes 5-7 net orders were 13,500 units. read more
AUG 9, 2022 - 7:18 am
According to the latest Hospital ISM Report on Business from the Institute for Supply Management, economic activity in the hospital subsector grew in July for the 26th consecutive month. read more
AUG 8, 2022 - 7:03 am