ACT’s For-Hire Trucking Index showed further contraction for both volumes and freight rates, now at 42.4 and 43.2 respective diffusion index readings. Productivity, while neutral at 50.0, likely was supported by the temporary pantry-stocking phenomenon. read more

APR 22, 2020 - 6:50 am

Truck transportation showed relatively strong performance on restocking activity into the end of March, making ACT Research’s data largely transitional. read more

APR 21, 2020 - 6:30 am

LTi Technology Solutions partnered with Class 8 Funding to implement the ASPIRE platform into its business. read more

APR 20, 2020 - 6:50 am

March net U.S. trailer orders of 7,600 units were down 43% month-over-month and 51% below the previous year, according to ACT Research. read more

APR 20, 2020 - 6:35 am

Analysts from J.D. Power Valuation Services reported that Class 8 pricing pulled back in the second half of March, but volume was solid. Medium duty trucks were lower across the board in volume and pricing. read more

APR 20, 2020 - 6:25 am

Maxim Commercial Capital funded hard asset-secured financings for 250 small and mid-sized businesses during the first quarter of 2020. read more

APR 16, 2020 - 5:35 am

Ritchie Bros. will produce a free downloadable monthly report of high-level pricing trends based on its transaction data. read more

APR 16, 2020 - 5:25 am

Preliminary used Class 8 volumes contracted 8% month-over-month in March, according the latest preliminary report by ACT Research. read more

APR 15, 2020 - 6:35 am

The continued spread of COVID-19 over the past month has resulted in freefalling GDP assumptions, and by extension freight volumes, carrier profits and expectations for commercial vehicle demand, according to ACT Research. read more

APR 13, 2020 - 6:50 am

The Wall Street Journal reported that Boeing is contemplating a 10% reduction in its workforce of 160,000, according to people familiar with the matter. read more

APR 10, 2020 - 6:25 am

The Wall Street Journal reported that investors have gone sour on specialty aircraft leasing funds. read more

APR 9, 2020 - 6:30 am

Preliminary NA Class 8 net orders in March were down 45% from February and 51% lower year over year. March’s Classes 5-7 net orders were down 36% from February and 31% from year-ago levels. read more

APR 3, 2020 - 6:50 am

ACT Research’s Transportation Digest reported that key truck transportation metrics of January and February data may show a global supply chain disruption that took place initially in China. read more

APR 3, 2020 - 6:30 am

American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index was down 2% in February after increasing 2.5% in January. read more

APR 1, 2020 - 6:25 am

Trinity Industries realigned responsibilities for its senior executives and withdrew the fiscal year 2020 guidance provided on the company’s year-end earnings call. read more

MAR 30, 2020 - 6:50 am