According to ACT Research, the backlog-to-build ratio contracted to 8.5 months in February after closing January at 9.9 months, reflecting a higher build rate. For context, the average since Q3/21 has been in the eight-month neighborhood. read more
MAR 29, 2023 - 6:58 am
According to the latest release of ACT Research’s For-Hire Trucking Index, freight volumes and rates declined in February but rate trends should begin to recover once traction on freight volumes is established. read more
MAR 28, 2023 - 7:28 am
According to ACT Research, Chinese commercial vehicle demand presented a mixed bag of results into the end of 2022, with demand for heavy trucks, medium trucks and tractors started the process of reversing its downward trajectory as the Chinese economy reopened. read more
MAR 27, 2023 - 7:17 am
According to ACT Research’s recent release of its Freight Forecast, U.S. Rate and Volume Outlook report, the truckload spot market is bottoming as labor capacity slows. read more
MAR 24, 2023 - 7:19 am
According to ACT Research, February’s preliminary net trailer orders increased sequentially but were lower against longer-term comparisons, with 25,800 units (25,600 seasonally adjusted) projected to have been booked during the month. read more
MAR 23, 2023 - 7:09 am
According to data from ACT Research, preliminary Class 8 same dealer used truck retail sales volume managed a small gain, rising 2% month to month in February. read more
MAR 17, 2023 - 7:10 am
ACT Research’s 68th seminar, Driving Decarbonization: The Future of Commercial Vehicles, welcomed transportation industry professionals like Brent Yeagy, president and CEO of Wabash, to continue the discussion on decarbonization and how it is reshaping the industry. read more
MAR 6, 2023 - 7:09 am
According to ACT Research, preliminary North American Class 8 net orders in February were 23,600 units, up 13% year over year and 27% month to month, while Classes 5-7 net orders were 17,500 units. read more
MAR 3, 2023 - 6:59 am
According to ACT Research, used Class 8 retail volumes (same dealer sales) increased 12% month to month in January. Average mileage increased 8% month to month, with average price down 7% and age up 1%. read more
MAR 2, 2023 - 7:11 am
According to ACT Research, supply chain concerns still linger, with some manufacturers sharing that they see no short-term improvement in sight. Most trailer makers expect demand to continue exceeding capacity through the end of 2023. read more
MAR 1, 2023 - 7:04 am
According to ACT Research’s latest State of the Industry: NA Classes 5-8 report, January heavy-duty orders were relatively weak, but it remains to be seen whether this represented a pause after robust year-end orders, or the beginning of a more broad-based pullback in demand. read more
FEB 21, 2023 - 7:00 am
According to the recent issue of ACT Research, January’s backlog-to-build ratio (BL/BU) increased to 9.9 months after averaging roughly eight months since August of 2021, reflecting a lower build rate. read more
FEB 21, 2023 - 6:57 am
According to the latest preliminary release of the State of the Industry: U.S. Classes 3-8 Used Trucks report published by ACT Research, January used Class 8 retail volumes (same dealer sales) increased 24% month over month and were 2% higher compared to January of 2022. read more
FEB 17, 2023 - 7:01 am
According to preliminary data from ACT Research, net trailer orders dipped in January to 24,200 units (22,000 when seasonally adjusted). Final January results will be available later this month, but the preliminary market estimate should be within 5% of the final order tally. read more
FEB 15, 2023 - 7:13 am
According to ACT Research’s latest release of the North American Commercial Vehicle Outlook report, pent-up vehicle demand and still elevated carrier profits in early 2023 are continuing to provide a supportive environment for new equipment. read more
FEB 14, 2023 - 6:59 am