According to preliminary data from ACT Research, North American Class 8 truck net orders reached 27,000 units in January, up 600 units from December and up 45% compared with January 2023. read more

FEB 5, 2024 - 6:35 am

The U.S. truck freight market ended 2023 with further declines in both shipment volume and spending, according to U.S. Bank. Compared to the same period in 2022, fourth quarter shipment volume was down 15.7% in 2023, while spending by shippers contracted 13.5%. read more

FEB 2, 2024 - 6:50 am

According to ACT Research, the average retail sale price for a used Class 8 truck dropped 2.6% month over month to $58,000 in December, a level last seen in April 2021. read more

FEB 1, 2024 - 6:34 am

The value of new aircraft deliveries is expected to rise by more than 15% to $100 billion in 2024, according to a paper published by aviation finance company Avolon. read more

JAN 29, 2024 - 6:50 am

Final December 2023 Class 8 truck net orders in the U.S., at 26,352 units, were down 14% year over year, according to ACT Research. Within that top line, tractor orders were down 31%, while vocational equipment orders were up 71% year over year. read more

JAN 25, 2024 - 6:44 am

U.S. freight cycle fundamentals will improve in 2024, according to the latest release of ACT Research’s Freight Forecast, U.S. Rate and Volume Outlook report. read more

JAN 22, 2024 - 6:34 am

According to the latest State of the Industry: U.S. Classes 3-8 Used Trucks report by ACT Research, used Class 8 average retail sale prices fell 6% month over month to $59,300 in November, marking the first month with a sub-$60,000 average price since April 2021. read more

DEC 26, 2023 - 6:56 am

According to this month’s issue of ACT Research’s State of the Industry: U.S. Trailers report, peak order season opened in September, and although net orders in November continued to show relatively healthy bookings, they were softer than the previous two months. read more

DEC 26, 2023 - 6:49 am

American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index decreased 1% in November after increasing 0.8% in October. read more

DEC 22, 2023 - 6:34 am

Final November Class 8 net orders, at 41,732 units, were up 28% year over year, with tractor orders up 20% and vocational equipment orders up 60%, according to ACT Research. read more

DEC 22, 2023 - 6:31 am

According to ACT Research, preliminary net trailer orders decreased nominally from October to November. However, at 20,900 units, preliminary orders were down 47% year over year. read more

DEC 21, 2023 - 6:23 am

The surprising strength in the economy in 2023 may provide less ballast for freight in 2024, but supply contraction should propel the cycle forward in 2024, even if the broader economy slows, according to ACT Research. read more

DEC 20, 2023 - 6:43 am

According to ACT Research, even though its forecast remains unchanged this month in conjunction with continued positive order activity, ACT cautioned that the freight market fundamentals that inform the U.S. for-hire truckload are still flatlining. read more

DEC 14, 2023 - 6:51 am

As the transition to electric vehicles (EVs) continues, industry experts at Mitsubishi HC Capital America expect the pace of adoption to pick up in 2024, all while continued challenges and changes in regulation, labor and the incentive, rebate and tax credit landscape are anticipated. read more

DEC 12, 2023 - 6:50 am

The American Trucking Associations released new data finding the trucking industry invests $14 billion annually in technology, training and other expenditures to improve highway safety. read more

DEC 12, 2023 - 6:38 am