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
AUG 23, 2021 - 6:16 am
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
AUG 20, 2021 - 6:17 am
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
AUG 19, 2021 - 6:09 am
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
AUG 18, 2021 - 6:34 am
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
AUG 17, 2021 - 6:35 am
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
AUG 17, 2021 - 6:05 am
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
AUG 16, 2021 - 6:29 am
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
AUG 16, 2021 - 6:25 am
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
AUG 13, 2021 - 6:31 am
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
AUG 13, 2021 - 6:25 am
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
AUG 12, 2021 - 6:18 am
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
AUG 4, 2021 - 6:35 am
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
AUG 3, 2021 - 6:44 am
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
JUL 29, 2021 - 5:15 am
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
JUL 29, 2021 - 5:00 am