Equipment Sector

ACT Research: New EPA Standards Could Drive Largest Prebuy Ever

According to a new prebuy analysis from ACT Research that analyzes new standards from the Environmental Protection Agency, the new standards will likely result in the largest prebuy ever. read more

CanLift Expands Product Line to Offer Aerial Lift Machines from XCMG

CanLift Equipment, an aerial equipment and material handling company, expanded its product line to offer nine new aerial lift machines from Xuzhou Construction Machinery Group. read more

July Used Class 8 Sales Fall 8% M/M, 47% Y/Y

Used Class 8 retail volumes (same dealer sales) fell 8% month over month and 47% year over year in July, according to the latest preliminary release of the State of the Industry: U.S. Classes 3-8 Used Trucks report published by ACT Research. read more

ACT Research Fine-Tunes Downturn Forecasts

ACT Research shifted its forecasts last month to include an inbound recession, while this month’s forecast changes were characterized by smaller adjustments, both higher and lower, as the shape of the downturn forecasts were fine-tuned. read more

Tiger Group and Perry Videx Sell Equipment to Recycling and Waste-Disposal Companies

Recycling and waste-disposal companies can acquire shredders, incinerators and other useful machinery and equipment in an immediate sale by Tiger Group and Perry Videx.  read more

ACT Research Reports Preliminary Class 8 Net Orders Decline in July

According to a preliminary data in a recent ACT Research report, North American Class 8 net orders in July were 11,400 units, while Classes 5-7 net orders were 13,500 units. read more

ISM: Economic Activity in Hospital Subsector Grows in July

According to the latest Hospital ISM Report on Business from the Institute for Supply Management, economic activity in the hospital subsector grew in July for the 26th consecutive month. read more

ACT Research: Used Class 8 Retail Volumes Increase in June

June used Class 8 retail volumes (same dealer sales) were 1% higher month over month according to ACT Research. Longer term, volumes dropped 44% year over year and were 34% lower year to date. read more

ACT Research: US Trailer Order Placement Continues to Be Choppy

According to ACT Research’s latest State of the Industry: U.S. Trailer Report, June net U.S. trailer orders of 25,444 units were 31% higher compared with May and nearly 122% above June 2021 levels. read more

ACT Research Reports More Capacity and Less Volume in June

According to the latest release of ACT Research’s for-hire trucking index, volume and pricing is down, with capacity still on the high side, resulting in a lower supply-demand balance in June. read more

Ritchie Bros. Reports Equipment Pricing Increases From April to June

According to Ritchie Bros.’ July market trends report, mix-adjusted price indexes (for April to June) showed prices for used large and medium earthmoving categories were up 15% and 20% year over year, respectively, while aerial equipment was up 18% in the United States. read more

ACT Research: Interest Rate Hikes, Inflation and Supply Chain Disruptions Continue to Be Key Trends

According to ACT Research’s latest State of the Industry: NA Classes 5-8 report, surging inflation, the Fed hiking interest rates into a potential recession and supply chain disruptions remain overarching themes. read more

ACT: June Used Truck Sales Drop 39% Y/Y, Average Retail Prices Up 50% Y/Y

Preliminary used Class 8 retail volumes rose 6% month-over-month but were 39% lower compared to June of 2021, according to ACT Research. Compared to June 2021, the average retail price was 50% higher. read more

ACT: June Net Trailer Orders Down 21% M/M, Up 33% Y/Y

Preliminary net trailer orders in June were 15,300 units, down about 21% from the previous month, but up a significant 33% from the same month last year, according to ACT Research. read more

ACT: Mild Recession Now Base Case in Forecasting of NA CV Markets

According to ACT’s latest release of the North American Commercial Vehicle OUTLOOK, ACT lowered their GDP forecast, but continues to believe there is demand, and built-up purchasing power among consumers, albeit mitigated by inflation, to support growth in 2022. read more

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