Equipment Sector

ACT Research: Continued Supply-Side Constraints Result in CV Production Forecast Cuts

According to ACT Research’s latest release of the North American Commercial Vehicle OUTLOOK, commercial vehicle production forecasts for this year and next have been cut again, amid continued supply-side constraints. read more

IDC: Ethernet Switch Market Up 10.8% Y/Y, Router Market Down Slightly in Q2/21

IDC reported that the worldwide ethernet switch market recorded revenues of $7.4 billion in Q2/21, an increase of 10.8% year-over-year. Meanwhile, worldwide enterprise and service provider (SP) router market revenues declined 0.5% year-over-year in Q2/21 to $3.9 billion.

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New Partnership Opens the Way for Rail Freight KYC (Know Your Cargo) Technology

The Rail Working Group and Nexxiot will work together to drive complete digitization and security of worldwide cargo and rail assets. New partnership opens the way for rail freight KYC (Know Your Cargo) technology – transparent worldwide tracking of rail freight and rolling stock. read more

IDC: Worldwide Server Market Revenue Declined 2.5% Y/Y in Q2/21

According to the International Data Corporation Worldwide Quarterly Server Tracker, worldwide server market revenue declined 2.5% year over year to $23.6 billion during Q2/21. read more

Fleet Advantage Survey Shows Truck Acquisition Challenges, Focus on Lease Structures

Fleet Advantage announced results of its latest fleet industry benchmarking survey showing how trends in fuel economy, maintenance, environmental concerns and procurement strategies have changed since last year. read more

ACT Research: Preliminary North American Class 8 and MD Orders Hit Five-Month Highs

According to preliminary data from ACT Research, North American Class 8 net orders in August reached 36,900 units, while Classes 5-7 net orders jumped to 31,900 units, both representing five-month high readings. read more

Shipments of Automated Commercial Vehicles to Rise 186% by 2026

According to ABI Research, a global tech market advisory firm, shipments of SAE Level 4 automated commercial vehicles will rise worldwide by 186% from 2024 to 2026. read more

Skid Steer Auction and Retail Values Improved in July

New market reporting from Sandhills Global shows substantial year-over-year gains in skid steer retail and auction values within Sandhills’ marketplaces over the three-month period ending July 31. read more

ACT Research: July Used Class 8 Sales Volumes Dip M/M and Y/Y

According to ACT Research, used Class 8 volumes (same dealer sales) were 4% lower month over month in July. In addition, volumes were down 18% year over year but up 13% year to date. read more

ACT Research: U.S. Economy, CV Demand Strong Despite Production Constraints

In the recent release of its Commercial Vehicle Dealer Digest, ACT Research reported that while the U.S. economy and commercial vehicle demand remain strong, so do the constraints that have been hampering production for the better part of this year. read more

ACT Research For-Hire Trucking Index: Trucking Accelerated in July

The latest release of ACT Research’s For-Hire Trucking Index with July data showed an uptick in volumes and a moderating in pricing with a still strong supply-demand balance. read more

ACT Research: Commercial Vehicle Metrics Are Robust, Risks Still Visible

According to the most recent release of ACT Research’s Transportation Digest, the metrics ACT Research is tracking underscore how robust current market conditions are but also hint at COVID-19 and other vulnerabilities. read more

ACT Research: July Trailer Orders Drop by Double Digits M/M and Y/Y

According to ACT Research’s State of the Industry: U.S. Trailer report, July net U.S. trailer orders of 8,128 units fell nearly 26% compared with June and were almost 58% lower compared with July of 2020. read more

ACT Research: Class 8 Build Rates Fall in July, Counter Usual Up-Cycle Activity

According to ACT Research’s latest State of the Industry: NA Classes 5-8 report, even though there has been little change in the trajectory of macro datapoints influencing commercial vehicle demand, Class 8 build rates tumbled in July. read more

Machinery Partner Raises Seed Round to Disrupt Heavy Machinery Procurement & Financing

Machinery Partner, which aims to disrupt the $200 billion global heavy equipment industry by offering a unique, direct-to-customer model for financing and service, closed a $4.5 million series seed round led by One Way Ventures. read more

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