According to this month’s issue of ACT Research’s State of the Industry: U.S. Trailers report, peak order season opened in September, and although net orders in November continued to show relatively healthy bookings, they were softer than the previous two months. read more
DEC 26, 2023 - 6:49 am
Final November Class 8 net orders, at 41,732 units, were up 28% year over year, with tractor orders up 20% and vocational equipment orders up 60%, according to ACT Research. read more
DEC 22, 2023 - 6:31 am
According to ACT Research, preliminary net trailer orders decreased nominally from October to November. However, at 20,900 units, preliminary orders were down 47% year over year. read more
DEC 21, 2023 - 6:23 am
The surprising strength in the economy in 2023 may provide less ballast for freight in 2024, but supply contraction should propel the cycle forward in 2024, even if the broader economy slows, according to ACT Research. read more
DEC 20, 2023 - 6:43 am
According to ACT Research, even though its forecast remains unchanged this month in conjunction with continued positive order activity, ACT cautioned that the freight market fundamentals that inform the U.S. for-hire truckload are still flatlining. read more
DEC 14, 2023 - 6:51 am
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