Equipment Sector

ACT: Class 8 Natural Gas Truck Retail Sales Contract 25% YTD Through February 2021

For the first two months of 2021, U.S. and Canadian Class 8 natural gas truck retail sales dropped 25% year-to-date compared with the same time period in 2020, according to a quarterly report from ACT Research. read more

IDC: Smartphone Recovery Continues, Shipments Up 25.5% in Q1/21

The pace of recovery for the smartphone market accelerated in Q1/21 with 25.5% year-over-year shipment growth, according to International Data Corporation, which reported that smartphone vendors shipped nearly 346 million devices during the quarter. read more

ACT Research: Much to Like About Economy, Freight and Commercial Vehicle Demand

In the most recent release of its Commercial Vehicle Dealer Digest, ACT Research reported that there is much to like about the current state of the U.S. economy as well as from both freight and commercial vehicle demand perspectives. read more

ACT Research: Used Class 8 Sales Volumes Rise 25% Y/Y in March

According to the latest release of ACT Research’s State of the Industry: U.S. Classes 3-8 Used Trucks report, used Class 8 volumes (same dealer sales) grew for all time periods in March, rising 28% sequentially, 25% year over year and 13% year to date. read more

ACT: Heavy-Duty Vehicle Market Doesn’t Get Much Better than Current Condition

According to ACT Research’s recently released Transportation Digest, the current business environment for heavy-duty trucks doesn’t get much better than it is now. read more

Sandhills Report Shows Declining Used Equipment Inventories Driving Up Values

A new Sandhills Global market report showed that with inventory levels in some equipment segments surpassing historically low volumes, used equipment values are also trending upward to historic highs. read more

ACT: March U.S. Trailer Orders Gain M/M, Experience Triple-Digit Growth Y/Y

March net U.S. trailer orders of 29,910 units grew more than 13% from the previous month and rose more than 252% compared with March of 2020, according to this month’s issue of ACT Research’s State of the Industry: U.S. Trailer Report. read more

ATA Truck Tonnage Index Decreases 5.1% in March

American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index decreased 5.1% in March after falling 2.3% in February. In March, the index equaled 106.8 (2015=100) compared with 112.5 in February. read more

ACT Research: Net Class 8 Orders Nearing ‘Best Ever’ Status

According to ACT Research’s latest State of the Industry: NA Classes 5-8 Report, net Class 8 orders booked during the past six months have only previously been surpassed by the six-month period ending October 2018. read more

ACT: Preliminary Used Class 8 Data Show Sales Up M/M, Y/Y and YTD in March

Preliminary used Class 8 volumes (same dealer sales) rose 29% month over month and 31% year over year in March, according to ACT Research. Additionally, preliminary used Class 8 volumes were 21% higher on a year-to-date basis compared with this time last year. read more

ACT Research: March Preliminary Net Trailer Orders Up 12% M/M

Preliminary reports from trailer OEMs indicate that 29,500 new trailer orders were booked in March, according to ACT Research. That was 12% better than February and more than triple the volume seen last year. read more

ACT Research: Breakdowns in Supply Chain Limit Class 8 Sales Recovery

ACT Research released its ACT Freight Forecast, U.S. Rate and Volume OUTLOOK report. According to Tim Denoyer, vice president and senior analyst for ACT Research, “Supply chain disruptions have slowed the pace of recovery in U.S. Class 8 tractor retail sales.” read more

ACT Research: Economic, Freight Indicators Remain Positive for Commercial Vehicle Market

According to ACT Research’s latest release of the North American Commercial Vehicle OUTLOOK, the list of things to like from current economic, freight and commercial vehicle demand perspectives is long. read more

ACT: Classes 5-8 Vehicle Orders Continue Strong in March

Preliminary NA Class 8 net orders in March were 40,000 units, down 10% from February, but a whopping 424% higher than March of last year’s COVID-stricken intake, according to ACT Research. read more

ACT Research: China’s Commercial Vehicle Markets Report Sales Upticks in Q4/20

According to ACT Research, China’s heavy and medium commercial vehicle markets reported upticks in sales during Q4/20 following the ground lost from the severe setback due to the COVID-19 pandemic in Q1/20 and continuing the recovery that started in Q2/20. read more

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