Equipment Sector

U.S. Cutting Tool Consumption Up 13.2% in November

November 2018 U.S. cutting tool consumption totaled $209.42 million, down 6.3% from October’s $223.46 million and up 13.2% when compared with the $184.97 million reported for November 2017. read more

ACT Research: Industry Sets All-Time Annual Net Order Record in 2018

ACT Research’s preliminary estimate for December 2018 net trailer orders is 27,800 units. The industry set an all-time record for annual net orders in 2018. read more

ACT: 2018 Saw Strong Class 8 Build, Economic Risks in Sight

The desire to get Class 8 trucks built and out the door for 2018 taxation benefits drove a build plan beat in December, according to ACT Research’s latest State of the Industry: Classes 5-8 Report. read more

Used Class 8 Volumes Fall Again, But Not to a Concerning Degree

Preliminary used Class 8 volumes (same dealer sales) slipped for a second consecutive month in December (-7%), marking the first time since January 2016 that same dealer sales have fallen below 2,000 units, according to ACT Research. read more

ECN Capital Announces Preliminary Results of Substantial Issuer Bid

ECN Capital announced the preliminary results of its modified “Dutch auction” substantial issuer bid to purchase for cancellation up to $265 million of its outstanding common shares from shareholders for cash. read more

ACT: Yellow Lights Flashing for US Economy & NA CV Industry

According to ACT Research’s North American Commercial Vehicle Outlook, yellow lights are flashing for the U.S. economy, and by extension for the North American commercial vehicle industry. read more

Aviation Community Rallies to Demand an End to Government Shutdown

NATCA, aviation groups, and members of Congress will detail how the shutdown is affecting the National Airspace System and must end now. read more

Turnover Rate at Large Truckload Carriers Drops in Q3/18

American Trucking Associations reported that the turnover rate at large truckload carriers fell 11 percentage points in the third quarter, undoing two quarters worth of increases in the annualized churn rate. read more

Report: Utilities to Spend $100B on Networking and Comm Equip by 2029

Investment in networking for a multitude of utility applications is accelerating even as the ways that utilities solve connectivity problems are diversifying. read more

ACT Research: Supply and Demand-Side Triggers Impacting Heavy CV Markets

ACT Research noted, in the release of its Commercial Vehicle Dealer Digest, that heavy commercial vehicle markets continue to benefit from a broad spectrum of supply and demand-side triggers. read more

North American Class 8 Orders Outpacing Industry’s Ability to Produce

At the top line, NA Class 8 net orders totaled 28,082 units in November, compared to build at 27,973 units, according to ACT Research. read more

ACT: Used Truck Prices and Sales Volumes Rose 10% YTD in November

The average price of total used Class 8 trucks in November was up 10% year to date, when compared to the first 11 months of 2017, according to ACT Research. read more

ACT: Nov U.S. Trailer Orders Up 101% Y/Y, 5th Best Month in History

U.S trailer order volume slid sequentially for the second month in a row, but with more than 45,000 net orders posted in November, it was the fifth highest net order month in industry history. read more

Commercial Vehicle Industry Extends All-Time Records for Backlog & Orders

According to ACT Research’s Transportation Digest, the Class 8 truck market continued to extend all-time records for backlog and cumulative annual orders. read more

U.S. Cutting Tool Consumption Up 12.9% in October

October 2018 U.S. cutting tool consumption totaled $223.46 million, up 6.1% month over month, up 12.9% year over year and up 12.8% year to date, according to the U.S. Cutting Tool Institute and AMT. read more

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Terry Mulreany
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