According to ACT Research, the average retail sale price of a used Class 8 truck fell 1% month over month and 25% year over year to $62,900 in October. read more

NOV 27, 2023 - 6:30 am

According to ACT Research’s latest Freight Forecast, U.S. Rate and Volume Outlook report, freight markets are expected to continue bouncing along the bottom in the near term, with some holiday volatility and a change in trajectory on the way next year. read more

NOV 21, 2023 - 7:00 am

Aircraft lessor AerCap acquired five General Electric GE90-115B engines from Sanad, the global aerospace engineering and leasing solutions company wholly-owned by Abu Dhabi's sovereign investor, Mubadala Investment Company. read more

NOV 21, 2023 - 6:56 am

According to Fleet Advantage’s latest benchmark survey, when asked what type of financing options would make the most sense for adopting alternate fuel trucks, 52% of respondents said they would prefer a lease finance structure. read more

NOV 20, 2023 - 6:56 am

While strong relative to freight market conditions, Class 8 truck orders were down 24% year over year in October, according to ACT Research. read more

NOV 20, 2023 - 6:53 am

Global Jet Capital published its Q3/23 Business Aviation Market Brief this week, noting that flight operations in the business jet sector are down compared with 2022 but above pre-COVID levels, inventory levels have climbed but remain below historical averages and transactions have declined from recent high levels. read more

NOV 17, 2023 - 6:55 am

According to preliminary data from ACT Research, North American Class 8 truck net orders reached 31,900 units in October, remaining at above-trend levels nominally and seasonally. read more

NOV 10, 2023 - 7:06 am

According to the newest market reports from Sandhills Global, supply increases throughout 2023 for used heavy-duty trucks, semitrailers, tractors, construction equipment and lifts in Sandhills’ marketplaces have not been accompanied by corresponding increases in demand. read more

NOV 7, 2023 - 7:17 am

Daimler Truck began production of the Freightliner eM2 at its Daimler Truck North America subsidiary. The battery electric medium-duty truck represents one of 10 battery electric vehicles from Daimler Truck in series production worldwide. read more

NOV 1, 2023 - 6:35 am

After a long downturn, freight demand fundamentals are gradually improving as pandemic substitution effects fade, destocking plays out and real incomes improve, according to the latest release of the Freight Forecast, U.S. Rate and Volume Outlook report from ACT Research. read more

OCT 31, 2023 - 7:17 am

According to ACT Research, the average retail sale price for used Class 8 trucks fell 1% month over month and 25% year over year to $63,900 in September. However, auction sales also soared 135% month over month in September. read more

OCT 27, 2023 - 7:12 am

The latest release of ACT Research’s For-Hire Trucking Index showed continued improvement in freight volumes, pricing and driver availability. read more

OCT 26, 2023 - 7:13 am

Worldwide IT spending is projected to total $5.1 trillion in 2024, an increase of 8% from 2023, according to the latest forecast by Gartner. read more

OCT 19, 2023 - 6:15 am

September’s preliminary net trailer orders increased sequentially, to 31,300 units, against a very easy August comp, and were notably higher compared to last September, up 19%, according to ACT Research. read more

OCT 18, 2023 - 6:00 am

The combination of high interest rates and a strong U.S. dollar is beginning to take a disproportionate toll on rural industries like agriculture, forest products, mining and manufacturing. read more

OCT 16, 2023 - 6:25 am