Preliminary used Class 8 retail volumes rose 6% month-over-month but were 39% lower compared to June of 2021, according to ACT Research. Compared to June 2021, the average retail price was 50% higher. read more

JUL 18, 2022 - 7:08 am

Preliminary net trailer orders in June were 15,300 units, down about 21% from the previous month, but up a significant 33% from the same month last year, according to ACT Research. read more

JUL 18, 2022 - 7:05 am

The 22 Equipment Leasing & Finance U.S. Economic Outlook, released by the Equipment Leasing & Finance Foundation, forecasted equipment and software investment growth of 5.9% in 2022, while annualized GDP growth is expected to slow to 1.6% this year. read more

JUL 14, 2022 - 8:00 am

According to a new survey of supply chain executives by Carl Marks Advisors, in partnership with SupplyChainBrain, more than half of all respondents don’t expect a return to a more normal supply chain until the first half of 2024 or beyond. read more

JUL 12, 2022 - 7:23 am

According to a new report from Kroll Bond Rating Agency, the COVID-19 pandemic has reemphasized that appropriate leverage, strong liquidity and laddered debt maturities are key for regional aircraft lessors to manage market events. read more

JUL 12, 2022 - 7:19 am

According to preliminary results from the International Data Corporation’s Worldwide Quarterly Personal Computing Device Tracker, worldwide shipments of traditional PCs declined 15.3% year over year to 71.3 million units in Q2/22. read more

JUL 12, 2022 - 7:17 am

According to recent market reports from Sandhills Global, used heavy-duty truck and semi-trailer inventory levels have experienced consecutive months of increases as well as a decrease in auction values. read more

JUL 11, 2022 - 7:23 am

According to data released by the Secured Finance Network in its quarterly asset-based lending index and SFNet confidence index, confidence in the asset-based lending market was positive in Q1/22, but banks and other lenders are watchful of a fluctuating economy. read more

JUL 11, 2022 - 7:16 am

According to the latest Manufacturing ISM Report on Business, economic activity in the manufacturing sector grew in June, with the overall economy achieving a 25th consecutive month of growth despite the Manufacturing PMI falling to its lowest level since June 2020. read more

JUL 11, 2022 - 7:12 am

According to preliminary data from ACT Research, North American Class 8 net orders in June reached 15,500 units, while Classes 5-7 net orders reached 17,800 units. read more

JUL 6, 2022 - 7:08 am

According to the International Data Corporation Worldwide Semiannual Public Cloud Services Tracker, applications, grew 29.0% year over year in 2021 with revenues totaling $408.6 billion. read more

JUL 1, 2022 - 7:14 am

According to ACT Research’s latest release of its State of the Industry: U.S. Classes 3-8 Used Trucks report, used Class 8 retail volumes (same dealer sales) were 8% higher month over month in May. Longer term, volumes were down 38% year over year. read more

JUN 29, 2022 - 7:25 am

According to JPMorgan Chase’s 2022 Business Leaders Outlook Pulse survey, just about one in five business leaders (19%) said they’re optimistic about the U.S. economy for the year ahead, the lowest percentage recorded in 12 years of survey data, and down from 75% one year ago. read more

JUN 28, 2022 - 7:48 am

According to ACT Research, domestic demand for heavy trucks in China fell more than 50% year over year in Q1/22, while the tractor market shrank almost 67% and domestic demand for medium-duty trucks dropped 46% compared with Q1/21. read more

JUN 27, 2022 - 7:32 am

According to the Equipment Leasing and Finance Association, overall new business volume in the equipment finance industry for May was $9.4 billion, up 16% year over year but down 10% from $10.5 billion on a month-over-month basis. read more

JUN 24, 2022 - 7:40 am