According to preliminary data from ACT Research, North American Class 8 net orders in June reached 15,500 units, while Classes 5-7 net orders reached 17,800 units. read more

JUL 6, 2022 - 7:08 am

ACT Research analysts believe the probability of a mild recession is now nearly as likely as that of their base-case scenario, and that the odds of a recession materializing, in some form or fashion, are essentially 50/50. read more

JUL 1, 2022 - 7:16 am

Solectrac, makers of electric tractors and an operating company of Ideanomics expanded its certified dealer network with the addition of Ocala Tractor, Schow's and Georgia Land Equipment in Florida, Idaho and Georgia. read more

JUN 30, 2022 - 7:21 am

According to ACT Research’s latest release of its State of the Industry: U.S. Classes 3-8 Used Trucks report, used Class 8 retail volumes (same dealer sales) were 8% higher month over month in May. Longer term, volumes were down 38% year over year. read more

JUN 29, 2022 - 7:25 am

According to ACT Research, domestic demand for heavy trucks in China fell more than 50% year over year in Q1/22, while the tractor market shrank almost 67% and domestic demand for medium-duty trucks dropped 46% compared with Q1/21. read more

JUN 27, 2022 - 7:32 am

According to ACT Research, May net U.S. trailer orders of 19,445 units were virtually unchanged compared to April, falling just 0.8% month over month. However, May’s order numbers were 93% higher compared with May of 2021. read more

JUN 24, 2022 - 7:30 am

Infiniti Energy closed on an up to $87 million tax equity facility and a $30 million construction revolver earmarked to support a portfolio of commercial solar projects. read more

JUN 23, 2022 - 7:36 am

According to Ritchie Bros.’ June market trends report, truck tractor prices are up approximately 46% year over year in the United States, but the rate of increase is down six percentage points from last month. read more

JUN 22, 2022 - 7:23 am

FedEx received its first 150 Zevo 600 electric delivery vehicles from BrightDrop, the technology startup from General Motors that is aiming to decarbonize last-mile delivery. The first 150 BrightDrop Zevo 600s were delivered throughout Southern California to FedEx Express. read more

JUN 22, 2022 - 7:22 am

According to the latest preliminary data from ACT Research, preliminary used Class 8 retail volumes (same dealer sales) in May fell 10% month over month and were 40% lower compared to May of 2021. read more

JUN 21, 2022 - 7:32 am

According to preliminary data from ACT Research, net U.S. trailer orders in May reached 18,300 units, which was down about 7% from April but up 11% compared with May 2021. read more

JUN 20, 2022 - 6:25 am

In the recent release of its Commercial Vehicle Dealer Digest, ACT Research reported that its analysts are less confident that supply chain issues will subside enough for commercial vehicle OEMs to fully meet customer demand this year and next. read more

JUN 7, 2022 - 7:08 am

Preliminary NA Class 8 net orders in May were 14,000 units, while NA Classes 5-7 net orders moderated to 17,000 units, according to ACT Research. read more

JUN 3, 2022 - 6:09 am

According to ACT Research’s recently released Transportation Digest, the top line on the Class 8 tractor dashboard lowered in March, extending a decline that started in January. read more

MAY 27, 2022 - 7:39 am

ARCH Cutting Tools, acquired Diversified Precision Products, a company that specializes in custom round tools and work rest blades for the automotive, medical, agricultural, heavy equipment and aerospace industries. read more

MAY 27, 2022 - 7:33 am