According to ACT Research, the average retail sale price of a used Class 8 truck fell 1% month over month and 25% year over year to $62,900 in October. read more
NOV 27, 2023 - 6:30 am
According to ACT Research’s latest Freight Forecast, U.S. Rate and Volume Outlook report, freight markets are expected to continue bouncing along the bottom in the near term, with some holiday volatility and a change in trajectory on the way next year. read more
NOV 21, 2023 - 7:00 am
While strong relative to freight market conditions, Class 8 truck orders were down 24% year over year in October, according to ACT Research. read more
NOV 20, 2023 - 6:53 am
According to preliminary data from ACT Research, North American Class 8 truck net orders reached 31,900 units in October, remaining at above-trend levels nominally and seasonally. read more
NOV 10, 2023 - 7:06 am
After a long downturn, freight demand fundamentals are gradually improving as pandemic substitution effects fade, destocking plays out and real incomes improve, according to the latest release of the Freight Forecast, U.S. Rate and Volume Outlook report from ACT Research. read more
OCT 31, 2023 - 7:17 am
According to ACT Research, the average retail sale price for used Class 8 trucks fell 1% month over month and 25% year over year to $63,900 in September. However, auction sales also soared 135% month over month in September. read more
OCT 27, 2023 - 7:12 am
The latest release of ACT Research’s For-Hire Trucking Index showed continued improvement in freight volumes, pricing and driver availability. read more
OCT 26, 2023 - 7:13 am
With the 2024 order season opening in September, the Class 8 backlog increased by 8,700 units from August to 161,300 units, and the backlog-to-build ratio increased to 5.5 months, as published in ACT Research’s latest State of the Industry: NA Classes 5-8 report. read more
OCT 20, 2023 - 6:00 am
Preliminary Class 8 same dealer used truck retail sales volumes suggest buyers tightened their belts in September, down 5% m/m, according to the latest preliminary release of the State of the Industry: U.S. Classes 3-8 Used Trucks published by ACT Research. read more
OCT 19, 2023 - 6:10 am
September’s preliminary net trailer orders increased sequentially, to 31,300 units, against a very easy August comp, and were notably higher compared to last September, up 19%, according to ACT Research. read more
OCT 18, 2023 - 6:00 am
As published in the latest release of ACT Research’s North American Commercial Vehicle Outlook, expectations for Class 8 trucks and trailers have lowered as a recovery in freight markets remains elusive. read more
OCT 12, 2023 - 6:45 am
According to preliminary data from ACT Research, net orders for North American Class 8 trucks reached 36,800 units in September, marking a 67% month-over-month increase and the strongest order month of the past year. read more
OCT 9, 2023 - 6:56 am
Class 8 retail sales rebounded strongly, as expected, from July’s misstep, advancing 12% month over month in August, according to ACT Research. read more
SEP 29, 2023 - 6:20 am
The latest release of ACT Research’s “For-Hire Trucking Index” suggests an approaching turning point in the freight cycle, but perhaps not as quickly as for-hire fleets would prefer. read more
SEP 28, 2023 - 5:05 am
While clouds on the trailer market horizon still bear watching, the industry is currently in its seasonally weakest time of the year for forward-looking metrics, according to ACT Research. read more
SEP 26, 2023 - 7:02 am