Equipment Sector

ACT Research: 2020 Has Been a Roller Coaster for Motor Carriers

According to ACT Research’s recently released Transportation Digest, from big fleets to owner-operators and their vocational counterparts, motor carriers across the board have ridden a down-and-up roller coaster this year. read more

ACT Research For-Hire Trucking Index Highlights Tight Supply-Demand Balance

The latest release of ACT Research’s For-Hire Trucking Index, with October data, showed a second consecutive month of record tightness. October’s volume index was flat at 70.7, while pricing dropped two points to 69.2, although this was still a top-decile result. read more

ACT: U.S. Trailer Net Orders Post Another Improvement in October

According to ACT Research, October net U.S. trailer orders of 54,691 units posted another sequential improvement, rising nearly 7% from September’s rise and 80% compared with October 2019’s level. read more

US Trailer Production Moves From Historical Low in April to Third-Best Month in October

According to this quarter’s issue of ACT Research’s Trailer Components Report, after sinking to the lowest point in history in April, net trailer orders have continued to improve throughout the summer and into fall. read more

GAMA: Business Jet, Turboprop, Helicopter Deliveries Decline Through Q3/20

According to GAMA’s Q3/20 shipments and billings report, piston airplane deliveries increased slightly, while turboprop, business jet and helicopter deliveries declined through the first nine months of 2020 compared with the same period of 2019. read more

ACT: October Preliminary Class 8 Volumes Down M/M, YTD Sales Up

Preliminary used Class 8 volumes (same dealer sales) dropped 10% month over month in October but are 10% higher year to date compared with the first 10 months of 2019, according to ACT Research. read more

ACT Research: Spending on Goods Driving Recovery in Freight Demand

ACT Research released the latest installment of the ACT Freight Forecast, U.S. Rate and Volume OUTLOOK report. “We expect the truckload market to rebalance over the course of 2021,” Tim Denoyer, vice president and senior analyst for ACT Research, said. read more

Penske Deploys Battery Electric Truck with Temco Logistics

Penske Truck Leasing put a battery electric eM2 from the Freightliner Innovation Fleet into service with Temco Logistics, a final-mile, white glove solutions provider that delivers and installs appliances and home goods. read more

ACT: Trailer Industry Posts Third-Highest Order Month in History in October

Preliminary information for October indicates that the U.S. trailer industry booked 54,200 net orders for the month, which was up 6% from September and more than 68% better than the same month last year, according to ACT Research. read more

Ritchie Bros. Reports $10MM in Sales for Forklifts in Q3/20

In its November market trends report, Ritchie Bros. reported that over the past three years, the company has sold more than 15,000 forklifts in the U.S. for $99 million, including more than 1,500 sold for $10 million in Q3/20 alone. read more

ACT Research: Motor Carriers Experience Growth in Volume and Pricing Power

According to ACT Research’s Transportation Digest, motor carriers are experiencing a period of volume growth and pricing power that would have been considered nearly impossible to achieve from an April 2020 vantage point. read more

ACT: Preliminary NA Classes 5-8 Vehicle Orders Positive for Fifth Consecutive Month

Preliminary NA Class 8 net orders in October were 38,900 units, up 27% from September and 78% compared with October 2019, according to ACT Research. In addition, preliminary NA Classes 5-7 demand jumped to a 10-quarter high (March 2018) in October to 29,300 units. read more

ACT: Class 8 Natural Gas Truck Retail Sales Contract 15% YTD

U.S. and Canadian Class 8 natural gas truck retail sales for the first eight months of 2020 dropped 15% year to date compared with 2019, according to ACT Research’s Alternative Fuels Quarterly report. read more

ACT: Rising CV Demand Forecasts Represent Pull-Forward of Cyclical Expectations

In the release of its Commercial Vehicle Dealer Digest, ACT Research reported that the company increased its commercial vehicle demand forecasts across the board. read more

ACT: September For-Hire Trucking Index Highlights Tight Supply-Demand Balance

The latest release of ACT Research’s For-Hire Trucking Index, which includes September data, showed a continuing tight trucking market, with volume and rate surges ongoing and driver availability deteriorating. read more

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