Equipment Sector

January Used Class 8 Sales and Prices Down, Averages Miles and Age Rise

According to ACT Research, used Class 8 volumes and average sale prices fell sequentially in January, down 7% and 6% month over month, respectively. On the other hand, average miles were up 4% month over month and average age was up 3% from December. read more

KBRA Says Airlines ‘Have Borne the Brunt’ of COVID-19’s Impact on the Aviation Sector

Kroll Bond Rating Agency released its outlook on the corporate aviation sector and examined notable events and trends one year into the COVID-19 pandemic, noting that while all segments of global aviation have faced headwinds due to COVID-19, airlines have borne the brunt of it. read more

Preliminary North American Classes 5-8 Vehicle Orders Continue Strong in February

Preliminary North American Class 8 net orders in February were 43,800 units, up 4% from January and 212% from February 2020, according to ACT Research. read more

U.S. Trailer OEMs Challenged to Increase Production Despite Component Constraints

According to this quarter’s issue of ACT Research’s Trailer Components Report, trailer net orders have pushed the industry backlog higher for the past seven months, with January’s order level 66% above current build rates. read more

GAMA Reports Decrease in Aircraft Delivery Values in 2020

According to the General Aviation Manufacturers Association, aircraft deliveries reached a value of $22.8 billion in 2020, a decrease compared with $27.8 billion in 2019. Piston airplane deliveries were steady, while turboprop, business jet and helicopter deliveries declined compared with 2019. read more

ACT: U.S. Trailer Net Orders Open 2021 Significantly Stronger vs. 2020

According to ACT Research, January net U.S. trailer orders of 30,680 units fell more than 30% from the previous month but rose 105% compared with January of 2020. read more

ACT: Preliminary Used Class 8 Data Shows Sales and Prices Down, Miles and Age Up

According to ACT Research, preliminary used Class 8 volumes (same dealer sales) fell 8% month over month in January while rising 14% compared with January 2020. read more

ACT Research: January Trailer Orders Up 94% Y/Y, Down 33% M/M

According to ACT Research, preliminary reports indicate that January net order volume of 29,100 trailers was up 94% from the same month in 2020 but down 33% from December 2020 bookings. read more

ACT Research: Supply ‘Key Determinant’ for 2021 Commercial Vehicle Markets

According to ACT Research, the demand story for commercial vehicles remains unchanged in 2021 vs. 2020, but the supply chain’s ability to respond to demand will be the key determinant of Class 8 and van trailer production through the rest of the year. read more

ISM: Hospital Subsector Grows in January; PMI at 55.8%

Economic activity in the hospital subsector grew in January for the eighth consecutive month, according to the nation’s hospital supply executives in the latest Hospital ISM Report On Business. read more

ACT Research: Preliminary NA Classes 5-8 Vehicle Orders Cool at Start of 2021

Preliminary North American Class 8 net orders in January 2021 were 42,200 units, down 17% from December but a 146% improvement from January 2020, according to ACT Research. read more

ACT Research: Class 8 Natural Gas Truck Retail Sales Fall 9% Through November 2020

U.S. and Canadian Class 8 natural gas truck retail sales for the first 11 months of 2020 dropped 9% year to date compared with 2019, according to a quarterly report from ACT Research. read more

ACT Research: Concerns About Build Outweigh Those About Demand for CV Markets

In the recent release of its Commercial Vehicle Dealer Digest, ACT Research reported that it raised its forecasts across the board in January amid greater-than-expected build rates, which continue to apply upward pressure to forecasts. read more

Used Class 8 Sales Volume Up as Average Price, Miles, Age Fall at Close of 2020

According to ACT Research, used Class 8 same dealer sales volumes, average price and average age all rose month over month in December. However, while 2020 same dealer sales volumes were up 22%, average price, miles and age were all below December 2019 year-to-date rates. read more

ACT Research: 2020 Only ‘One Quarter Bad’ for Truck Transportation & Heavy-Duty Markets

According to ACT Research’s recently released Transportation Digest, 2020 was only “one quarter bad” for truck transportation and heavy-duty markets. read more

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