Equipment Sector

ACT: North American Commercial Vehicle Demand Strongly Positioned to Start 2021

According to ACT Research’s latest State of the Industry: NA Classes 5-8 Report, challenges facing commercial vehicle OEMs and suppliers in January 2021 are vastly different from those that were being addressed one year ago. read more

ACT: Class 8 Volumes Were 25% Higher in 2020 vs. 2019

Preliminary used Class 8 volumes were 25% higher in 2020 compared with 2019, according to ACT Research, which further noted that preliminary used Class 8 volumes rose 11% month over month in December. Compared with December 2019, volumes gained 27%. read more

ACT: Preliminary Data Shows 140% Y/Y Increase in Net Trailer Orders in December

Preliminary information for December indicates that the U.S. trailer industry booked 42,500 net orders for the month, which was 7% better than November and 140% above year-ago levels, according to ACT Research. read more

Ritchie Bros. Reports Rise in Prices for Used Equipment Across Categories in 2020

In its latest used equipment market trends report, Ritchie Bros. said that it drew record buyer demand in 2020 as its auctions were held 100% online. Ritchie Bros. noted that the increased demand resulted in price inflation across all equipment categories. read more

ACT: Strong Freight Markets Drive Commercial Vehicle Build Rates and Forecasts Higher

ACT Research’s latest outlook revealed greater-than-expected build rates in November (the latest available data), which continued to apply upward pressure to forecasts, resulting in an across-the-board rise in commercial vehicle demand expectations. read more

PC Shipments Grow 26.1% in Q4/20

According to International Data Corporation, global PC shipments grew 26.1% year over year to 91.6 million units in Q4/20. The same category of devices grew 13.1% year over year for full year 2020. read more

Decreasing Inventory Levels Contribute to Value Increases in Used Equipment

A new Sandhills Global market data report brought to light several interesting year-over-year value gains across the 10-plus-year age group in the used agriculture equipment, construction machinery and commercial truck markets. read more

ACT: Preliminary NA Classes 5-8 Vehicle Orders Close 2020 in Near-Record Territory

Preliminary NA Class 8 net orders in December were 50,900 units, down 2% from November, but up 153% from December 2019, according to ACT Research. NA Classes 5-7 demand, with orders at 35,100 units, rose 28% sequentially and 73% compared with December 2019. read more

AerSale Inducts First of 24 Boeing 757 Aircraft for Passenger-to-Freighter Conversion

AerSale inducted the first of its 24-owned Boeing 757-200 aircraft for passenger-to-freighter (P2F) conversion at its heavy-MRO center in Goodyear, AZ. read more

ACT Research: China’s CV Markets Report Sales Uptick in Q3/20

According to ACT Research, China’s heavy and medium commercial vehicle markets reported an uptick in sales during Q3/20 following the ground lost from the severe setback in Q1/20 due to the COVID-19 pandemic and the recovery that started in Q2/20. read more

ACT: U.S. Trailer Net Orders Down Sequentially but Still Solid in November

According to ACT Research, November net U.S. trailer orders fell nearly 28% from October, reaching 39,645 units. However, net orders were up 100% year over year and up more than 30% year to date compared with the first 11 months of 2019. read more

ACT: Used Class 8 Sales Volumes Fall 22% M/M in November

According to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks report from ACT Research, used Class 8 same dealer sales volumes fell 22% in November compared with October, while average miles fell 2% and average age fell 3%. read more

ACT: Strong Freight Rates Mean Strong New Commercial Vehicle Demand

In the recent release of its Commercial Vehicle Dealer Digest, ACT Research reported that the strength in new commercial vehicle demand can be attributed to strength in freight rates. read more

ACT: 2020 Heavy Duty Truck Market Closing on a Robust Note

According to ACT Research’s recently released Transportation Digest, the 2020 heavy duty truck market will close on a robust note, setting the stage for 2021. read more

ACT: Commercial Vehicle Demand Remains Strongly Positioned Heading into 2021

According to ACT Research, with the beginning of COVID-19 vaccine distribution, the likelihood of Congressional assistance for those still suffering from COVID’s impact, and healthy freight rates, commercial vehicle demand remains strongly positioned heading into 2021. read more

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