Equipment Sector

ACT Research For-Hire Trucking Index: Trucking Accelerated in July

The latest release of ACT Research’s For-Hire Trucking Index with July data showed an uptick in volumes and a moderating in pricing with a still strong supply-demand balance. read more

ACT Research: Commercial Vehicle Metrics Are Robust, Risks Still Visible

According to the most recent release of ACT Research’s Transportation Digest, the metrics ACT Research is tracking underscore how robust current market conditions are but also hint at COVID-19 and other vulnerabilities. read more

ACT Research: July Trailer Orders Drop by Double Digits M/M and Y/Y

According to ACT Research’s State of the Industry: U.S. Trailer report, July net U.S. trailer orders of 8,128 units fell nearly 26% compared with June and were almost 58% lower compared with July of 2020. read more

ACT Research: Class 8 Build Rates Fall in July, Counter Usual Up-Cycle Activity

According to ACT Research’s latest State of the Industry: NA Classes 5-8 report, even though there has been little change in the trajectory of macro datapoints influencing commercial vehicle demand, Class 8 build rates tumbled in July. read more

Machinery Partner Raises Seed Round to Disrupt Heavy Machinery Procurement & Financing

Machinery Partner, which aims to disrupt the $200 billion global heavy equipment industry by offering a unique, direct-to-customer model for financing and service, closed a $4.5 million series seed round led by One Way Ventures. read more

ACT Research: Used Truck Prices Rise as Secondary Market Inventory Trickles

According to preliminary data from ACT Research, used Class 8 volumes (same dealer sales) dropped 3% month over month and 19% year over year in July. Through the first seven months of the year, activity is 13% higher compared with the same period a year ago. read more

Construction Equipment Market Generated $180B in Revenue in 2020

According to a report from P&S Intelligence, the construction equipment market reached roughly $180 billion in revenue in 2020. The Asia-Pacific region is predicted to be the fastest-growing region in the construction equipment market through 2030, according to the report. read more

ACT Research: U.S. Trailer Production Slowed by Capacity Issues

According to this quarter’s issue of ACT Research’s Trailer Components Report, trailer manufacturers continue to seek increased production rates but are struggling to achieve that goal. read more

Blue Bird to Utilize Levo Mobility’s Fleet-as-a-Service Leasing Model for Electric Buses

Nuvve and Blue Bird plan to deploy the financing capabilities of Levo Mobility, Nuvve's recently formed joint venture with Stonepeak Partners, across Blue Bird's distribution network, allowing customers to lease V2G electric school buses and related charging infrastructure. read more

ACT Research Data Shows Continued Strength in Freight and Heavy Vehicle Demand

In discussing findings from the latest release of ACT Research’s North American Commercial Vehicle Outlook, Kenny Vieth, president and senior analyst for ACT Research, said, “There is a strong case to be made for continued strength in freight activity into the end of the year and beyond.” read more

ACT Research: July Trailer Orders Slip 35% M/M and 63% Y/Y

According to preliminary data from ACT Research, trailer OEMs posted 7,100 net orders in July, which was 35% below June’s volume and 63% below the volume recorded in July of 2020. read more

ACT Research: Class 8 Vehicle Orders Side Step in July, Medium-Duty Orders Jump 30%

According to preliminary data from ACT Research, North American Class 8 net orders in July were 25,800 units, which was largely unchanged compared with June’s actual 25,809 orders booked. read more

Detmar Logistics Reserves 300 Hypertruck ERX Units from Hyliion

Detmar Logistics executed a reservation agreement covering 300 Hypertruck ERX systems with Hyliion, a provider of electrified powertrain solutions for Class 8 semi-trucks. read more

Data Confirms Recovery Trend for Restaurant and Food Services Industry

Purchasing activity and financing approval rates in the foodservice equipment industry are rebounding at a rapid pace, evidence that restaurants are staging a strong comeback from the COVID-19 pandemic, according to data released this month by KWIPPED. read more

Class 8 Natural Gas Truck Retail Sales Increase 19% YTD Through May

For the first five months of 2021, U.S. and Canadian Class 8 natural gas truck retail sales rose 19% year to date against a somewhat unfair comparison of the same time period in 2020, as published in ACT Research’s Alternative Fuels Quarterly. read more

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