According to ACT Research, used Class 8 volumes (same dealer sales) were 1% lower month over month in June. At the same time, volumes were down 5% year over year and up 20% year to date. read more
JUL 27, 2021 - 6:01 am
According to ACT Research, commercial vehicle forecast stability this year has been driven by three factors, including positive momentum carried over from 2020 and the struggle of manufacturers to push production even higher in the face of heavy organic truck demand. read more
JUL 26, 2021 - 6:49 am
XL Fleet, a provider of vehicle electrification solutions for commercial and municipal fleets, entered a development and supply agreement with eNow, a provider of solar and battery power systems that enable fully-electric transport refrigeration units (eTRUs) for Class 8 commercial trailers. read more
JUL 26, 2021 - 6:47 am
The American Trucking Associations praised the introduction of the Modern, Clean, and Safe Trucks Act of 2021. The bipartisan legislation would repeal the 12% federal excise tax on heavy-duty trucks, which currently adds approximately $22,000 to the cost of a new tractor-trailer. read more
JUL 23, 2021 - 6:15 am
ROUSH CleanTech, Penske Truck Leasing and Proterra announced a collaboration under which Proterra will supply its industry-leading battery technology to ROUSH CleanTech for the development of its next-generation Ford F-650 all-electric commercial truck. read more
JUL 23, 2021 - 6:10 am
The latest release of ACT Research’s For-Hire Trucking Index, with June data, showed a slowing in volumes, pricing moderating at a high level, and a still-strong supply-demand balance. read more
JUL 23, 2021 - 6:00 am
American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index decreased 1.5% in June after falling 1% in May. In June, the index equaled 111.6 (2015=100) compared with 113.3 in May. read more
JUL 22, 2021 - 6:00 am
According to preliminary data from ACT Research, used Class 8 volumes dropped 6% month over month and 12% year over year in June. However, through the first six months of the year, activity was 23% higher compared with the same period a year ago. read more
JUL 21, 2021 - 6:30 am
According to the latest release of ACT Research’s North American Commercial Vehicle OUTLOOK, there is considerable steam left in the boiler that will continue to propel the economy broadly, including the freight markets. read more
JUL 19, 2021 - 6:39 am
According to preliminary reports from ACT Research, original equipment manufacturers posted 11,100 net trailer orders in June, which was 20% greater than orders from May but 19% below orders from June 2020. read more
JUL 16, 2021 - 5:50 am
According to Ritchie Bros.’ July 2021 Market Trends Report, through the first half of 2021, truck tractor prices in the United States are up 30% year over year, while medium earthmoving and vocational truck prices are each up 25%. read more
JUL 14, 2021 - 6:19 am
Preliminary North American Class 8 net orders in June were 25,700 units, up 11% from May and 61% higher than June 2020, according to ACT Research. Preliminary Classes 5-7 net orders reached 22,800 units, down 12% from May but up 26% compared with June 2020. read more
JUL 6, 2021 - 6:24 am
According to the recent release of ACT Research’s China Commercial Vehicle OUTLOOK, sales of commercial trucks and tractors in China grew quarter over quarter and year over year in Q1/21. read more
JUL 1, 2021 - 6:38 am
According to ACT Research, used Class 8 volumes (same dealer sales) in May were 12% lower month over month but significantly higher year over year and year to date. read more
JUN 30, 2021 - 6:17 am
In the recent release of its Commercial Vehicle Dealer Digest, ACT Research reported that, as expected and aligned with preliminary data, North American Class 8 net orders were soft in May, as full 2021 backlogs and as-yet opened 2022 order books constrained activity. read more
JUN 29, 2021 - 6:30 am