Equipment Sector

ACT Research: February’s Tractor Dashboard Extends Steep-Pitched Decline of January

According to ACT Research’s recently released Transportation Digest, the top line on ACT’s Tractor Dashboard in February extended the steep-pitched decline of January, taking the dashboard top line tally from double digits in January to zero. read more

Ritchie Bros: U.S. April Truck Tractor Prices up 58% Y/Y

With its April Market Trends Report, Ritchie Bros. continues to show year-over-year price inflation for all major equipment categories with truck tractor prices leading the way, up 58% in the United States and 50% in Canada. read more

ACT Research Report Shows Used Truck Retail Sales Still Rising

Preliminary used class eight retail volumes grew 23% month over month, but were 23% lower compared to March of 2021, according to ACT Research. read more

ACT Research’s For-Hire Trucking Index Shows Increasing Capacity, Declining Volume and Pricing

In the latest release of ACT Research’s For-Hire Trucking Index with February 2022 data, the volume and pricing indices declined, while the capacity index increased. read more

US Trailer Orders Maintain Steady Pace in February

According to preliminary data from ACT Research, the order pace for U.S. trailers that closed 2021 and opened 2022 continued in February, with original equipment manufacturers booking 26,500 net orders for the month. read more

Ritchie Bros.’ Market Trends Report Shows 63% Increase in Truck Tractor Pricing

According to Ritchie Bros.’ market trends report for March, truck tractor pricing was up 63% in the United States for the three months ending Feb. 28, while vocational truck and medium earthmoving pricing rose 45% and 42%, respectively. read more

Challenges to Domestic Economy Raise Risks for Vehicle Manufacturing

According to ACT Research, supply chain constraints kept a lid on the trucking industry’s ability to raise build rates through 2021, and just as the supply of chips was starting to improve, the risk to auto and truck manufacturing supply chains has risen once again. read more

Emission Reduction Projects Continue in CV Industry in 2022

According to ACT Research and Rhein Associates, the growth of partnerships and investments to lower carbon emissions from commercial vehicle fleets and to support new powertrains for such fleets is continuing in 2022. read more

ACT Research: Commercial Vehicle Orders ‘Essentially Flat’ in February

According to preliminary data from ACT Research, North American Class 8 net orders in February reached 21,000 units, while North American Classes 5-7 net orders reached 18,300 units. read more

Used Class 8 Retail Sales Volumes Decrease to Open 2022; Prices Continue to Increase

Used Class 8 retail volumes were 15% lower month over month in January, according to ACT Research. Longer term, volumes were down 37% year over year, while average prices were 7% higher compared with December and 83% more expensive than in January of 2021. read more

US Trailer Orders Open 2022 Low, OEMs Carefully Managing Order Acceptance

January net U.S. trailer orders of 26,595 units increased less than 1% from the previous month and were more than 15% lower compared with January of 2021, according to this month’s issue of ACT Research’s State of the Industry: U.S. Trailer Report. read more

Commercial Vehicle Market Demand Strong in 2021, Constrained by Supply Chain

According to ACT Research, supply chain constraints kept a lid on the commercial vehicle industry’s ability to raise build rates through 2021, at least until December, when a torrent of red-tagged/incomplete units were finished. read more

Economic Conditions ‘Idyllic’ for Commercial Vehicle Demand

According to ACT Research’s latest State of the Industry: NA Classes 5-8 Report, for much of the past 20 months, economic conditions have been idyllic broadly, particularly for commercial vehicle demand. read more

Soaring Demand for Trucks Caused Unprecedented Price Acceleration in 2021

Soaring demand for truck tractors and other transportation assets caused unprecedented price acceleration in the sector in 2021, according to Ritchie Bros. read more

ACT Research: Long Backlog Horizons Challenge US Trailer Manufacturers

According to this quarter’s issue of ACT Research’s Trailer Components Report, the U.S. trailer industry backlog grew 3% sequentially in December but ended 2021 9% below the backlog for 2020. read more

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Terry Mulreany
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