Freight demand is nearing an upturn as growing goods spending, a turning inventory cycle and rising industrial production will add to freight demand this year, according to ACT Research, which projected that after a two-year downturn, the upturn is likely to being within the next few months. read more

APR 25, 2024 - 6:53 am

March trailer net orders, at 13,600 units, were nearly 25% lower year over year and 7,000 units below February’s intake, according to ACT Research, bringing Q1/24 net orders to 48,300 units, down 29% from Q1/23’s faster paced order environment. read more

APR 24, 2024 - 6:37 am

Final March Class 8 truck net orders totaled 17,410 units (17,200 seasonally adjusted), down 8.4% year over year, according to ACT Research, while total Classes 5-7 orders rose 23% year over year to 25,359 units (23,400 seasonally adjusted). read more

APR 23, 2024 - 6:47 am

According to preliminary data from ACT Research, net trailer orders decreased nominally from February to March. At 13,600 units, orders also were lower compared to last March, down 24% year over year. read more

APR 18, 2024 - 6:31 am

After pushing its 2024 North America Class 8 truck production forecast up the previous two months, ACT Research has left its the forecast essentially unchanged in April, according to its latest North American Commercial Vehicle Outlook. read more

APR 16, 2024 - 6:40 am

According to preliminary data from ACT Research, North American Class 8 truck net orders reached 17,300 units in March, down 10,400 units from February and 18.7% on a year-over-year basis. read more

APR 3, 2024 - 6:39 am

According to the latest release of ACT Research’s For-Hire Trucking Index, the freight market is continuing to recover, with the volume index increased by 2.3 points in February to a seasonally-adjusted mark of 52.3 from 50 in January. read more

APR 1, 2024 - 6:44 am

According to ACT Research, the used Class 8 average retail sale price improved 4.4% month over month to $62,100 in February. However, retail prices were down 14% year over year and Steve Tam, vice president at ACT Research, said ACT is "pushing expectations for the return to sustained month-over-month growth further out." read more

MAR 28, 2024 - 6:35 am

According to preliminary data from ACT Research, Class 8 same dealer used truck retail sales volumes increased 15% month over month in February. read more

MAR 15, 2024 - 6:56 am

According to preliminary data from ACT Research, North American Class 8 truck net orders reached 27,700 units in February, up 600 units from January and 16% from February of 2023. read more

MAR 5, 2024 - 6:26 am

While trucking demand remains soft overall, rising imports and intermodal trends are key leading indicators of a recovery in trucking this year, according to a recent report from ACT Research. read more

MAR 1, 2024 - 6:51 am

According to ACT Research, used Class 8 average retail sale prices improved 2.6% month over month to $59,400 in January. The last time retail prices were this low was in the spring of 2021. read more

FEB 28, 2024 - 6:50 am

Weak freight rates continue to reduce carriers’ willingness to invest in equipment, resulting in low trailer orders and high cancellations in January, according to ACT Research. read more

FEB 26, 2024 - 5:43 am

According to final data from ACT Research, January Class 8 truck net orders reached 27,125 units, up 45% year over year. Meanwhile, net orders for Classes 5-7 were up 14% year over year at 19,954 units. read more

FEB 20, 2024 - 7:11 am

According to preliminary data from ACT Research, Class 8 same dealer used truck retail sales accelerated 17% month over month in January. read more

FEB 15, 2024 - 6:56 am