According to ACT Research’s recently released Transportation Digest, COVID-19 is just one of several factors that could impact commercial vehicle forecasts now and in the foreseeable future. read more
AUG 28, 2020 - 7:00 am
ACT Research’s July For-Hire Trucking Index showed an across-the-board downtick in the diffusion indexes after a record surge in June. July’s Volume Index fell six points to 64.3 (SA), while pricing and productivity were at 60.3 and 61.5, respectively. read more
AUG 27, 2020 - 6:36 am
According to a report from Technavio, the size of the global handling and lifting equipment market is poised to grow by $12.21 billion between 2020 and 2024, progressing at a CAGR of almost 3% during the forecast period. read more
AUG 26, 2020 - 7:29 am
Class 8 same dealer sales volumes were up 13% year to date against the first seven months of 2019, with average price, miles and age all below July 2019 year-to-date rates and down 15%, 1%, and 8%, respectively, according to ACT Research. read more
AUG 26, 2020 - 7:22 am
Analysis of the last decade of trailer production shows that the industry opened the year at an average production pace until the shelter-in-place lockdowns began in late Q1/20, according to this quarter’s issue of ACT Research’s Trailer Components Report. read more
AUG 25, 2020 - 6:55 am
According to a report from Research and Markets, the business jet market is estimated at $18.8 billion in 2020 and is projected to grow to $38 billion by 2030, representing a CAGR of 7.3% during the forecast period. read more
AUG 24, 2020 - 6:49 am
In the August 2020 Commercial Truck Guidelines Industry Update, analysts from J.D. Power Valuation Services reported that Class 8 conditions across the board were generally stabilized in July, suggesting June’s recovery was not solely based on pent-up demand. read more
AUG 21, 2020 - 5:45 am
July net U.S. trailer orders of 18,851 units were a significant improvement (up 40%) from June’s uptick and well above July 2019’s level (up 80%). Before accounting for cancellations, new orders of 20 thousand units were up 26% versus June and 44% better year-over-year, according to ACT Research. read more
AUG 21, 2020 - 5:30 am
Supported by strong U.S. tractor demand, NA Class 8 net orders rose to a nine-month high in July according to ACT Research’s latest State of the Industry: NA Classes 5-8 Report. read more
AUG 19, 2020 - 6:39 am
Tom Denoyer, vice president and senior analyst for ACT Research, stated that, “A freight recovery amidst a driver shortage has driven an acutely tight truckload market, with spot rate measures up 30% y/y.” read more
AUG 19, 2020 - 6:28 am
June 2020 U.S. cutting tool consumption totaled $150.6 million, according to the U.S. Cutting Tool Institute and The Association for Manufacturing Technology. This total was up 10.1% month over month, down 24.6% year over year. read more
AUG 17, 2020 - 7:18 am
John Deere introduced the 200G model to its excavator lineup. The new excavator is designed for applications such as site development, roadbuilding, earthmoving and irrigation work. read more
AUG 17, 2020 - 7:07 am
Preliminary used Class 8 volumes (same dealer sales) grew 16% month-over-month in July, according to the latest preliminary release of the State of the Industry: U.S. Classes 3-8 Used Trucks published by ACT Research. read more
AUG 14, 2020 - 6:56 am
Commercial vehicle forecasts for 2020 were marked up across the board in August, according to ACT’s latest release of the North American Commercial Vehicle OUTLOOK, which cites the uptick as a result of a robust “perfect storm” of positives in late spring and summer. read more
AUG 13, 2020 - 6:47 am
In the August installment of the ACT Freight Forecast, U.S. Rate and Volume OUTLOOK report, ACT Research forecasted rates for the next 12 to 15 months, noting that spot rate measures are up 30% year over year. read more
AUG 11, 2020 - 6:46 am