According to ACT Research, May net U.S. trailer orders of 19,445 units were virtually unchanged compared to April, falling just 0.8% month over month. However, May’s order numbers were 93% higher compared with May of 2021. read more
JUN 24, 2022 - 7:30 am
According to Ritchie Bros.’ June market trends report, truck tractor prices are up approximately 46% year over year in the United States, but the rate of increase is down six percentage points from last month. read more
JUN 22, 2022 - 7:23 am
According to the Equipment Leasing and Finance Association’s recently released Credit manager and collection manager surveys, expectations for booking volume are strong and credit quality is good despite a slight increase in delinquency, which, along with charge-offs, still remains low. read more
JUN 21, 2022 - 7:40 am
According to the latest preliminary data from ACT Research, preliminary used Class 8 retail volumes (same dealer sales) in May fell 10% month over month and were 40% lower compared to May of 2021. read more
JUN 21, 2022 - 7:32 am
According to the Equipment Leasing & Finance Foundation’s June 2022 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI) overall confidence in the equipment finance market is 50.9, up from the May index of 49.6. read more
JUN 16, 2022 - 7:44 am
According to a new forecast from International Data Corporation, global shipments of traditional PCs will fall 8.2% year over year in 2022. Similarly, the forecast for worldwide tablet shipments calls for a 6.2% decline compared to 2021. read more
JUN 16, 2022 - 7:38 am
According to International Data Corporation, worldwide semiconductor revenue is expected to reach $661 billion in 2022, a 13.7% year-over-year growth rate following strong 2021 results where revenues reached $582 billion. read more
JUN 15, 2022 - 7:30 am
According to ACT’s latest North American Commercial Vehicle Outlook, the potential for a mild recession is becoming increasingly likely. read more
JUN 14, 2022 - 7:20 am
According to LeaseQuery, the average number of leases companies hold has returned to or exceeded pre-COVID-19-pandemic levels. However, companies are finding that the cost and liabilities of leases are on the rise. read more
JUN 8, 2022 - 7:41 am
Small business loan approval percentages at big banks (more than $10 million in assets) rose from 15.1% in April to 15.3% in May, while approval rates at small banks (under $10 billion in assets) rose to 20.9%, according to the latest Biz2Credit Small Business Lending Index. read more
JUN 8, 2022 - 7:35 am
According to the latest Hospital ISM Report On Business from the Institute for Supply Management, economic activity in the hospital subsector grew in May for the 24th consecutive month. read more
JUN 8, 2022 - 7:35 am
Economic activity in the services sector grew in May for the 24th month in a row, with the Services PMI registering 55.9%, according to the latest Services ISM Report on Business from the Institute for Supply Management. read more
JUN 6, 2022 - 7:41 am
Economic activity in the manufacturing sector grew in May, with the overall economy achieving a 24th consecutive month of growth, according to the Manufacturing ISM Report on Business from the Institute for Supply Management. read more
JUN 2, 2022 - 7:32 am
According to ACT Research’s recently released Trailer Components Report, U.S. trailer OEMs are rapidly filling available 2022 production slots, with both dry van and reefer build-to-backlog stretching deep into December. read more
MAY 31, 2022 - 7:26 am
According to ACT Research’s recently released Transportation Digest, the top line on the Class 8 tractor dashboard lowered in March, extending a decline that started in January. read more
MAY 27, 2022 - 7:39 am