Equipment Sector

ACT: U.S. Trailer Net Orders Dropped 56% Y/Y

New U.S. trailer were down 43% month-over-month in November and dropped 38% after hitting their fourth consecutive sequential rise in October. read more

ACT: Preliminary U.S. Trailer Net Orders Down 56% Y/Y

ACT’s preliminary estimate for November indicates that trailer orders were down 39% from October’s volume, down 56% year over year and just under half year to date. read more

U.S. Demand for Medical Equipment & Supplies to Grow 3.9% Yearly to 2023

Rising spending on medical services, driven by an aging population, will boost sales of related equipment, according to Freedonia Focus Reports. read more

ACT: Likelihood of Heavy Vehicle Market Recovery in 2021 Tempered

Expectations for the Class 8 and trailer production volumes have been trimmed for 2020 and expectations of a recovery starting in 2021 have been tempered, according to ACT Research. read more

ACT For-Hire Trucking Index: Bottoming Process Underway?

The latest release of ACT Research’s For-Hire Trucking Index showed a modest Volume Index, at 52.0 (SA) in October. The slower growth followed a sharply stronger 59.6 in September. read more

Penske Truck Leasing Celebrates 50th Anniversary

Penske Truck Leasing celebrated its 50th anniversary. Founded in 1969 by Roger Penske in Reading, PA, the company was created through the acquisition of a car and light truck rental and leasing business. read more

ACT Research: Class 8 Regression to the Mean Coming in 2020

According to ACT Research’s recently released Transportation Digest, the Class 8 market is moving from peak activity in sales and build in 2019 to a substantial correction in 2020. read more

ACT Research: Commercial Vehicle Markets Continue to Deteriorate

Expectations for the Class 8 and trailer markets anticipate an accelerating pullback in build rates, as freight market conditions remain at a low ebb, according to the latest forecasts from ACT Research. read more

ACT: Used Truck Sales Jump 43% M/M, Down 17% YTD

In what is largely believed to be an anomaly, used Class 8 same dealer sales volumes jumped 43% m/m in October, following a 5% m/m loss in September, according to ACT Research. read more

ACT Research: U.S. Trailer Net Orders Down 42% Y/Y, 52% YTD

Year-to-date net trailer orders are 52% below last year, according to this month’s issue of ACT Research’s State of the Industry: U.S. Trailer Report. read more

ACT: Preliminary Used Class 8 Volumes Spike M/M, Down 17% YTD

Preliminary used Class 8 volumes (same dealer sales) grew 42% month-over-month and 6% year-over-year in October, while year-to-date preliminary volumes dropped 17%, according to ACT Research. read more

ACT: Carriers Add Capacity, While US Industrial Downturn Deepens

According to ACT Research, parts of the freight economy may be flashing the occasional “green shoot,” but it is not completely clear whether the industry has reached the nadir of the current freight cycle. read more

ACT: U.S. Trailer Preliminary Net Orders Surge 71% M/M in October

ACT Research’s preliminary estimate for October indicates that trailer manufacturers booked 31.9k net orders to their orderboards last month, a 71% spike from September. read more

ACT: Heavy Duty Market Anticipating Build Rate Pullback

According to ACT Research’s latest North American Commercial Vehicle OUTLOOK, expectations for the Class 8 and trailer markets anticipate an accelerating pullback in build rates. read more

ACT Research: TL Contract Rates Turn Lower with More to Go

Based on ACT Research’s For-Hire TL Carrier Database, TL contract rates fell to $2.28 per mile in Q3, down 2% y/y, following a 3% increase in Q2. read more

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