Equipment Sector

Used Class 8 Truck Retail Sales Stronger than Expected in February

According to preliminary data from ACT Research, Class 8 same dealer used truck retail sales volumes increased 15% month over month in February. read more

Leading Indicators Suggest a 2024 Trucking Recovery

While trucking demand remains soft overall, rising imports and intermodal trends are key leading indicators of a recovery in trucking this year, according to a recent report from ACT Research. read more

Class 8 Truck Orders Surged 45% Y/Y in January

According to final data from ACT Research, January Class 8 truck net orders reached 27,125 units, up 45% year over year. Meanwhile, net orders for Classes 5-7 were up 14% year over year at 19,954 units. read more

Used Class 8 Truck Retail Sales Off to a Robust Start in 2024

According to preliminary data from ACT Research, Class 8 same dealer used truck retail sales accelerated 17% month over month in January. read more

ACT Research: 2024 Class 8 Truck Production and Sales Forecast Bumped Up

After essentially holding the line on the forecast since last July, ACT Research pushed its 2024 Class 8 truck production and sales expectations up in February, as published in the latest release of its North American Commercial Vehicle Outlook. read more

Battery Electric Vehicle Adoption Rates to Drive Trucking Industry Decarbonization Goals

In its recently released decarbonization forecast, ACT Research forecasts a significant increase of unit sales in 2026 for total Class 8 tractor volumes in response to the U.S. EPA’s 2027 low-NOx regulations. read more

Sandhills Global: Aircraft Values Hold Steady During Seasonal Inventory Decreases

Aircraft asking values remained steady in January following seasonal inventory drawdowns, according to Sandhills Global’s newest aviation market reports. Used turboprop aircraft values experienced the most change, ticking up slightly month over month in January. read more

ACT Research: Class 8 Truck Orders Jump 45% Y/Y in January

According to preliminary data from ACT Research, North American Class 8 truck net orders reached 27,000 units in January, up 600 units from December and up 45% compared with January 2023. read more

Truck Freight Market Ended 2023 With Double-Digit Drops In Volume and Spending

The U.S. truck freight market ended 2023 with further declines in both shipment volume and spending, according to U.S. Bank. Compared to the same period in 2022, fourth quarter shipment volume was down 15.7% in 2023, while spending by shippers contracted 13.5%. read more

ACT Research: Used Class 8 Values Decline to a Level Not Seen Since 2021

According to ACT Research, the average retail sale price for a used Class 8 truck dropped 2.6% month over month to $58,000 in December, a level last seen in April 2021. read more

Lessor Orderbooks to Be in High Demand as Supply Shortage of Aircraft Continues

The value of new aircraft deliveries is expected to rise by more than 15% to $100 billion in 2024, according to a paper published by aviation finance company Avolon. read more

ACT Research: 2023 Ended with Seasonally Weak Class 8 Truck Net Orders and Strong Build

Final December 2023 Class 8 truck net orders in the U.S., at 26,352 units, were down 14% year over year, according to ACT Research. Within that top line, tractor orders were down 31%, while vocational equipment orders were up 71% year over year. read more

ACT Research: Freight Cycle Poised to Enter New Stage in 2024

U.S. freight cycle fundamentals will improve in 2024, according to the latest release of ACT Research’s Freight Forecast, U.S. Rate and Volume Outlook report. read more

Used Class 8 Values Declined in November to a Level Not Seen Since 2021

According to the latest State of the Industry: U.S. Classes 3-8 Used Trucks report by ACT Research, used Class 8 average retail sale prices fell 6% month over month to $59,300 in November, marking the first month with a sub-$60,000 average price since April 2021. read more

ACT Research: Trailer Industry Concerns Shift Toward Demand

According to this month’s issue of ACT Research’s State of the Industry: U.S. Trailers report, peak order season opened in September, and although net orders in November continued to show relatively healthy bookings, they were softer than the previous two months. read more

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Terry Mulreany
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