According to this month’s issue of ACT Research’s State of the Industry: U.S. Trailers report, ominous clouds are on the horizon that bear watching closely moving forward, with one being a significant uptick in trailer cancellations for a second consecutive month. read more
JUN 23, 2023 - 7:00 am
According to ACT Research’s latest State of the Industry: NA Classes 5-8 report, the most notable data points this month were heavy duty and medium duty retail sales, which were each up by double digits on a year-over-year basis. read more
JUN 20, 2023 - 6:56 am
According to ACT Research, May’s preliminary net trailer orders decreased sequentially and were lower against longer-term comparisons, with 9,100 units (11,950 seasonally adjusted) projected to have been booked during the month. read more
JUN 16, 2023 - 5:53 am
According to the latest release of ACT Research’s Freight Forecast, U.S. Rate and Volume Outlook report, although April likely marked the bottom of the spot rate down cycle, elevated Class 8 build rates will limit near-term upside. read more
JUN 15, 2023 - 5:49 am
According to ACT Research, forecasts for the Class 8 market call for slight year-over-year increases in retail sales and production volumes in 2023, reflecting stronger momentum into Q3/23. However, ACT continues to forecast deteriorating sales and build in Q4/23. read more
JUN 13, 2023 - 6:50 am
According to ACT Research, preliminary North American Class 8 net orders bounced back in May with 15,500 units, up 10% year over year and 29% month to month, while preliminary Classe 5-7 orders surged 27% year over year with 19,000 units (up 3% month over month). read more
JUN 5, 2023 - 6:50 am
According to ACT Research, used Class 8 retail volumes (same dealer sales) declined 23% month over month in April, while average mileage declined by 1%, with average prices down 8% and age up 3%. read more
MAY 31, 2023 - 6:59 am
According to ACT Research, the Class 8 backlog should be on a downward trajectory until 2024 order boards open. April was no exception, with backlog down 15.1 thousand units month-to-month to 203.1 thousand. read more
MAY 19, 2023 - 6:53 am
According to the latest release of the ACT Research’s Freight Forecast, U.S. Rate and Volume Outlook report, the freight cycle remains clearly weak but there are rays of light at the end of the tunnel. read more
MAY 17, 2023 - 7:02 am
Demand for Class 8 trucks has remained relatively resilient recently, but ACT Research expects a clear softening in big fleet profitability and other ancillary metrics during the rest of 2023. read more
MAY 12, 2023 - 7:02 am
According to the latest release of ACT Research’s For-Hire Trucking Index, freight volumes improved but remained weak in March and rates declined further. The Pricing Index fell 5.4 points to 36.5 in March, marking the second lowest reading in the index’s history, with only April of 2020 being lower. read more
APR 28, 2023 - 6:54 am
According to ACT Research’s latest State of the Industry: NA Classes 5-8 report, the trucking industry demand was quite healthy in March, despite the turmoil experienced in the banking sector and yet another interest rate increase. read more
APR 24, 2023 - 6:57 am
According to ACT Research, March’s preliminary net trailer orders decreased sequentially and were lower against longer-term comparisons, with 16,800 units projected to have been booked during the month. Final March results will be available later in April. read more
APR 21, 2023 - 6:47 am
North American Class 8 net orders in March were 19,200 units, down 10% year over year, while North American Classes 5-7 net orders were 18,600 units, according to preliminary data from ACT Research. read more
APR 6, 2023 - 6:53 am
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