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
JUN 3, 2021 - 6:34 am
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
JUN 1, 2021 - 6:39 am
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
MAY 28, 2021 - 6:40 am
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
MAY 27, 2021 - 6:10 am
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
MAY 27, 2021 - 6:08 am
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
MAY 25, 2021 - 6:09 am
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
MAY 24, 2021 - 6:30 am
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
MAY 21, 2021 - 6:10 am
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
MAY 21, 2021 - 6:05 am
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
MAY 20, 2021 - 6:32 am
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
MAY 19, 2021 - 6:40 am
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
MAY 17, 2021 - 6:05 am
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
MAY 13, 2021 - 6:32 am
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
MAY 11, 2021 - 6:22 am
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
MAY 11, 2021 - 6:19 am