According to ACT Research, May net U.S. trailer orders of 19,445 units were virtually unchanged compared to April, falling just 0.8% month over month. However, May’s order numbers were 93% higher compared with May of 2021. read more
JUN 24, 2022 - 7:30 am
Infiniti Energy closed on an up to $87 million tax equity facility and a $30 million construction revolver earmarked to support a portfolio of commercial solar projects. read more
JUN 23, 2022 - 7:36 am
According to Ritchie Bros.’ June market trends report, truck tractor prices are up approximately 46% year over year in the United States, but the rate of increase is down six percentage points from last month. read more
JUN 22, 2022 - 7:23 am
FedEx received its first 150 Zevo 600 electric delivery vehicles from BrightDrop, the technology startup from General Motors that is aiming to decarbonize last-mile delivery. The first 150 BrightDrop Zevo 600s were delivered throughout Southern California to FedEx Express. read more
JUN 22, 2022 - 7:22 am
According to the latest preliminary data from ACT Research, preliminary used Class 8 retail volumes (same dealer sales) in May fell 10% month over month and were 40% lower compared to May of 2021. read more
JUN 21, 2022 - 7:32 am
According to preliminary data from ACT Research, net U.S. trailer orders in May reached 18,300 units, which was down about 7% from April but up 11% compared with May 2021. read more
JUN 20, 2022 - 6:25 am
In the recent release of its Commercial Vehicle Dealer Digest, ACT Research reported that its analysts are less confident that supply chain issues will subside enough for commercial vehicle OEMs to fully meet customer demand this year and next. read more
JUN 7, 2022 - 7:08 am
Preliminary NA Class 8 net orders in May were 14,000 units, while NA Classes 5-7 net orders moderated to 17,000 units, according to ACT Research. read more
JUN 3, 2022 - 6:09 am
According to ACT Research’s recently released Transportation Digest, the top line on the Class 8 tractor dashboard lowered in March, extending a decline that started in January. read more
MAY 27, 2022 - 7:39 am
ARCH Cutting Tools, acquired Diversified Precision Products, a company that specializes in custom round tools and work rest blades for the automotive, medical, agricultural, heavy equipment and aerospace industries. read more
MAY 27, 2022 - 7:33 am
Holcim US, a provider of building solutions focused on low-carbon construction, ordered 10 units backed by deposits to secure Hypertruck ERX production slots from Hyliion, an electrified powertrain solutions provider for Class 8 semi-trucks. read more
MAY 26, 2022 - 7:36 am
According to this month’s issue of ACT Research’s State of the Industry: U.S. Trailer report, April net U.S. trailer orders of 19,614 units decreased more than 48% from the previous month but were 23% higher compared with April of 2021. read more
MAY 25, 2022 - 7:35 am
According to the GAMA, the aircraft manufacturing industry’s results for the first three months of 2022, when compared with the same period in 2021, showed increasing aircraft unit deliveries across each aircraft segment, while the overall value of aircraft shipments was slightly lower. read more
MAY 25, 2022 - 7:28 am
In its updated five-year business jet market forecast, Global Jet Capital projected $186.8 billion in total transaction volume of new and pre-owned business jet transactions between 2022 and 2026, with a compound annual growth rate of 5.1% during that time. read more
MAY 23, 2022 - 7:18 am
According to ACT Research’s latest State of the Industry: NA Classes 5-8 report, the deterioration of some freight-related metrics that began in March continued through April and into early May. read more
MAY 19, 2022 - 6:59 am