Equipment Sector

ACT Research: Preliminary NA Classes 5-8 Vehicle Orders Moderated Again in May

Preliminary North American Class 8 net orders in May reached 22,900 units, down 32% from April but 242% higher than May 2020’s COVID-19-stricken intake, according to ACT Research. read more

ACT Research: Final Trailer Orders for April Experience 52% M/M Decline

According to ACT Research, April net U.S. trailer orders of 14,387 units fell nearly 52% from the previous month and rose more than 3,600% compared with severely COVID-19-impacted April 2020. These final orders were consistent with preliminary reports from ACT Research. read more

ACT: April Used Class 8 Volumes, Average Miles and Age Drop M/M

According to ACT Research, April used Class 8 volumes (same dealer sales) were 3% lower month over month but significantly higher year over year and year to date compared with volumes from April 2020. read more

IDC: 2021 Smartphone Market Growth to Reach Highest Level Since 2015

According to IDC’s Worldwide Quarterly Mobile Phone Tracker, shipments of smartphones are forecast to reach 1.38 billion units in 2021, an increase of 7.7% over 2020. This trend is expected to continue into 2022, when year-over-year growth will be 3.8%. read more

ACT’s Trucking Index Shows Slow Volumes, Strong Prices, Tight Supply-Demand Balance

According to April data from ACT Research’s For-Hire Trucking Index, volumes are slowing, prices are strengthening and the supply-demand balance remains tight but is beginning to show early signs of rebalancing. read more

ACT Research: Production Constraints Challenge U.S. Trailer Production

According to this quarter’s issue of ACT Research’s Trailer Components Report, trailer orders were preliminarily and meaningfully lower in April than previous months.  read more

ACT Research: April Net Trailer Orders 52% Lower than March, YTD Volume Up 164%

Preliminary reports from trailer OEMs indicate that 14,400 new trailer orders were booked in April, which was 52% lower than March but a staggering 3,600% above the COVID-19-impacted volume for the same month last year, according to ACT Research. read more

GAMA: Q1/21 Airplane Shipments Up 6.9% in Q1/21, Business Jets Flat

The General Aviation Manufacturers Association released the general aviation aircraft shipments and billings report for Q1/21. Compared to Q1/20, Piston airplane deliveries increased 7.3%, turboprop airplane deliveries increased 18.3% and business jet deliveries were flat. read more

Daimler Aims for Zero Emissions Trucking Industry, Emphasizes Tailored Financing Solutions

Daimler Truck hosted its inaugural strategy day, setting out its ambitions as an independent company to lead the way to zero emissions in the trucking business and further emphasize its aftermarket and services revenues such as tailor-made leasing, financing and insurances. read more

ACT Research: Net Class 8 Orders Pull Back in April, with Backlog Essentially Filled

According to ACT Research, April Class 8 net orders pulled back to a seven-month low, with benign cancellations. ACT Research said the order pullback was not due to any slowing demand, but was rather an indication that the 2021 backlog is essentially filled. read more

ACT: Preliminary Data Shows Used Class 8 Sales and Prices Rose 29% YTD in April

Preliminary used Class 8 volumes (same dealer sales) dropped 2% month over month but rose 51% year over year in April, according to ACT Research. Through the first four months of the year, activity is 29% higher compared with the same period a year ago.  read more

ACT Research Discusses Persistent Supply Chain Constraints in Latest Freight Forecast

ACT Research released the latest installment of the ACT Freight Forecast, U.S. Rate and Volume OUTLOOK report, noting that rates are up and to the right as supply chain constraints persist. read more

Used Equipment Values Continue Upward Trend in May

Year-over-year improvements in asking and auction values continue to be the trend across the used construction equipment, agricultural equipment and commercial truck markets, according to a new report from Sandhills Global. read more

Ritchie Bros.: Positive Price Trend Continues for Multiple Equipment Sectors

According to Ritchie Bros.’ May 2021 Used Equipment Market Trends Summary report, U.S. truck tractor pricing is up 24% year over year while U.S. medium earthmoving equipment pricing is up 19% and U.S. aerial equipment is up 14%. read more

TuSimple and Navistar Receive Initial Reservations for New Line of Autonomous Trucks

TuSimple, a self-driving technology company based in San Diego, received 6,775 reservations for a new line of purpose-built SAE Level 4 (L4) International LT Series autonomous trucks in partnership with Navistar. read more

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Terry Mulreany
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