According to ACT Research’s recently released Transportation Digest, the mid-year 2021 indicators that the company tracks for the economy, freight and equipment utilization are about as good as analysts at the company have ever seen. read more
JUN 28, 2021 - 6:18 am
American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index decreased 0.7% in May after falling 0.6% in April. In May, the index equaled 113.7 (2015=100) compared with 114.5 in April. read more
JUN 24, 2021 - 6:21 am
The latest release of ACT Research’s For-Hire Trucking Index, which includes May data, showed a slowing in volumes, strength in pricing and a sharp decline in the supply-demand balance. read more
JUN 24, 2021 - 6:09 am
May net U.S. trailer orders of 8,676 units fell nearly 40% from April but were more than 165% higher compared with May 2020, according to ACT Research. Before accounting for cancellations, new orders of 11,700 units were down 38% versus April. read more
JUN 21, 2021 - 6:19 am
Hexagon Purus entered a partnership with Velocity Vehicle Group to deliver battery packs and powertrain integration for medium-duty battery electric trucks in California based on Freightliner’s Class 6 M2 platform. read more
JUN 21, 2021 - 6:17 am
Global Ship Lease agreed to purchase four 5,470 TEU Panamax containerships with an average age of approximately 11 years for an aggregate purchase price of $148 million. read more
JUN 18, 2021 - 6:15 am
According to ACT Research, data through the first two weeks of June suggest that North America is at or very near the top of the freight rate expansion, which has been setting new highs on an almost monthly basis since last August. read more
JUN 18, 2021 - 6:13 am
Preliminary used Class 8 volumes (same dealer sales) dropped 14% month over month but rose 46% year over year in May, according to ACT Research. Through the first five months of the year, activity was 32% higher compared with the same period a year ago. read more
JUN 17, 2021 - 6:10 am
In conjunction with the release of the ACT Freight Forecast, U.S. Rate and Volume OUTLOOK report from ACT Research, Tim Denoyer, vice president and senior analyst at ACT Research, said “the coming capex boom will certainly benefit freight demand.” read more
JUN 15, 2021 - 6:41 am
According to preliminary reports from ACT Research, trailer original equipment manufacturers posted 8,800 net orders in May, which was off 39% versus April but almost 170% better than the COVID-19-impacted level last May. read more
JUN 14, 2021 - 6:59 am
Fleet Advantage will be providing fleet analysis at the National Private Truck Council’s Annual Conference and Exhibition. According to the company, fleet operators can realize a first-year per-truck savings of $31,692 when upgrading from a 2016 sleeper truck to a 2022 model. read more
JUN 11, 2021 - 6:29 am
According to ACT Research, the question of commercial vehicle demand for 2021 has already been answered, and for the first time ever, this perspective is illuminated by all positive indicators on ACT Research’s Class 8 Tractor Dashboard. read more
JUN 11, 2021 - 6:12 am
EquipmentWatch, a provider of data, software and insight for the heavy equipment industry, revealed the winners of its 2021 Highest Retained Value (HRVA) and Lowest Cost of Ownership (LCO) award programs. read more
JUN 10, 2021 - 6:41 am
Global Ship Lease agreed to purchase 12 containerships from Borealis Finance for an aggregate purchase price of $233.9 million. read more
JUN 9, 2021 - 6:39 am
According to ACT Research and Rhein Associates, discussion continues about how internal combustion engines will meet future emissions standards for the latter part of this decade, even as legislation accelerates the push to electrification. read more
JUN 8, 2021 - 6:43 am