Equipment Sector

Election Leads to Cautiously Optimistic Construction Outlook – COVID-19 Impact Unknown

Prior to COVID-19, Construction industry executives were slightly cautious about 2020, according to a Wells Fargo survey, with conservative equipment acquisition expected. read more

COVID-19 ‘Undermines Expectations’ for North American Commercial Vehicle Markets

The global spread of the novel coronavirus, COVID-19, required ACT Research to do a foundational reassessment of near-term economic expectations, and by extension, North American commercial vehicle demand. read more

KBRA: COVID-19 Impact on the Global Aviation Industry Expanding

Kroll Bond Rating Agency (KBRA) is examining the widening impact of the new coronavirus (COVID-19) on travel-related industries, with commercial aviation poised to be one of the hardest hit sectors. read more

WSJ: Regulators to Require Electrical Fixes to Boeing 737 MAX

The Wall Street Journal reported that the Federal Aviation Administration may require Boeing to repair electrical wiring in its 737 MAX jets before they are cleared to fly. read more

ACT Reports Regulations Impacting U.S. Commercial Vehicle Market

ACT Research reported that the new low NOx Advance Notice of Proposed Rulemaking will impact the U.S. commercial vehicle market, citing past regulatory examples. read more

Hundreds of Celadon Trucks for Sale at Upcoming Ritchie Bros. Auctions

Ritchie Bros. was chosen to sell select trucks and trailers owned by Celadon Group, which filed for Chapter 11 bankruptcy protection in December 2019. read more

ACT Reports Excessive Capacity Challenges in Heavy Truck Market

Key truck transportation metrics continue to give mixed signals in early 2020, according to ACT’s Transportation Digest. read more

Class 8 Orders Down 18% M/M, 16% Y/Y

February’s preliminary NA Class 8 net orders for commercial vehicles were down 18% from January and 16% lower than an easy year-ago comparison. read more

ACT For-Hire Trucking Index Rates Slip While Volumes Improve

The latest release of ACT’s For-Hire Trucking Index showed a sustained uptick in for-hire freight volumes and utilization. But amid ongoing overcapacity, the Freight Rates Index slid further in January. read more

ATA Truck Tonnage Index Holds Steady in January

American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index rose 0.1% in January after rising 0.5% in December. read more

Used Truck Sales Open 2020 Up 4%M/M, Down Slightly Y/Y

Used Class 8 same dealer sales volumes improved 4% month-over-month in January, but longer-term sales were down 1% year-over-year. read more

U.S. Trailer Production Facing Lower Demand and Supply Chain Disruptions

According to this quarter’s issue of ACT Research’s Trailer Components Report, the U.S. trailer industry is facing lower demand and supply chain disruptions that could lead to a catch-22. read more

ACT: Used Class 8 Volumes Grew, Prices Fell M/M

Preliminary used Class 8 volumes (same dealer sales) increased 6% month-over-month in January, but longer-term, volumes dropped 4% year over year, according to ACT Research. read more

U.S. Trailer Net Orders Opened 2020 Down 15% Sequentially and 28% Y/Y

New U.S. trailer orders of 16,800 were down 9% month-over-month in January, and net orders of 15,000 dropped 15%. Longer-term comparisons show net orders down 28% year-over-year, according to ACT Research. read more

ACT Research: Class 8 Production Outpaced Weak Sales in January

Class 8 inventories rose 3,400 units month over month in January, as production outpaced expectedly weak sales, according to ACT Research. read more

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Terry Mulreany
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