Equipment Sector

ACT Research: All For-Hire Trucking Metrics, Except Capacity, Fall in May

The latest release of ACT Research’s For-Hire Trucking Index showed nearly across-the-board declines, with capacity being the lone exception. The Pricing Index fell to 38.8, the lowest in survey history. read more

ACT: Class 8 Demand Strong, but Freight Metrics Softening

According to the latest ACT Research State of the Industry: Classes 5-8 Report, May’s Class 8 metrics generally aligned with expectations, with the lone exception of cancellations, which continued to surprise on the low side. read more

ACT: Preliminary Used Class 8 Volumes Fall M/M, Y/Y & YTD in May

Preliminary used Class 8 volumes (same dealer sales) fell 14% month-over-month in May, the second consecutive sequential drop, according to the latest preliminary numbers from ACT Research’s State of the Industry. read more

ACT Research: When Change Comes, It Is Likely to Come Fast

According to ACT Research’s latest North American Commercial Vehicle OUTLOOK, large new truck inventories and deteriorating freight and rate conditions suggest erring on the side of caution remains the right call. read more

ACT Forecast: Possible Short-Term Pre-Ships to Off-Set Future Tariffs

ACT Research released its June installment of the ACT Freight Forecast, U.S. Rate and Volume OUTLOOK. The forecast predicts a short-term pre-ship ahead of the threatened tariffs on the remaining $300+ billion of China imports. read more

ACT: NA Medium & Heavy-Duty Volumes Drops 70% Y/Y in May

According to ACT Research, preliminary North America Class 8 net order data show the industry booked 10,800 units in May, dropping 27% from April, but down a more significant 70% from year-ago May. read more

NationaLease Honors 13 Member Companies w/Service Award

NationaLease, one of the largest full-service truck leasing organizations in North America, honored 13 member companies for providing exceptional reciprocal service to fellow members within the NationaLease network. read more

ACT: US Trailer Orders Easing, But Production Remains Robust

According to this quarter’s ACT Research Trailer Components Report, trailer industry net orders have eased since November of 2018, but order weakness is not indicative of fleets’ unwillingness to invest. read more

ACT: Class 8 Production to Grow in 2019, Ease in 2020

According to the most recent N.A. Commercial Vehicle On-Highway Engine OUTLOOK, Class 8 production is expected to continue growing in 2019, before an anticipated drop late in the year and into 2020. read more

Komatsu Europe Chooses RB Asset Solutions to Manage Asset Remarketing

OEM dealer network Komatsu Europe selected Ritchie Bros.' RB Asset Solutions, a cloud-based SaaS solution and suite of tools and services, to help it better manage its assets internally and remarket its used equipment online. read more

ACT Research: Used Truck Prices Rise 12% YTD; Unit Sales Drop 16% YTD

The average price of total used Class 8 trucks in April was up 6% month-over-month and up 12% year-to-date, according to ACT Research’s latest State of the Industry: U.S. Classes 3-8 Used Trucks. read more

WSJ: Tractors Take Hit from Tariff Trickle Down

According to the Wall Street Journal, manufacturers of tractors and other farming equipment report weak demand for new equipment as the industry’s on-going slump continues to be exacerbated by trade tensions between the U.S. and China. read more

U.S. Cutting Tool Consumption Up 1.6% in March Y/Y

March 2019 U.S. cutting tool consumption totaled $210.4 million, up 2.3% from February’s $205.6 million and up 1.6% when compared with the $207.1 million reported for March 2018, according to the USCTI and AMT. read more

ACT Research: U.S. Trailer Orders Drop in April, Down 23% Y/Y

New U.S. trailer orders of 18.6k were up 4% month-over-month, but after accounting for cancellations, net orders slid to 14.7k units, down 6% from March, according to the latest ACT Research State of the Industry: U.S. Trailer Report. read more

ACT: Economy Strong, But Trade Uncertainty a Moderating Force

ACT Research’s latest Commercial Vehicle Dealer Digest release noted that the overall economic picture remains largely unchanged, with growth moderating in 2019 from last year’s vigorous pace. read more

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