Kenny Vieth Related Content

ACT Research: September Class 8 Truck Orders Increase 67% M/M

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

ACT Research: Factors Signal a Fundamentally Weaker U.S. Tractor Market in 2024

Factors are at work in 2024, and those factors will help support a fundamentally weak U.S. tractor market, according to ACT Research. read more

ACT Research: Pent-Up Equipment Demand Likely to Fade into Year End

On continued strong build rates and seasonally weak order volumes, the Class 8 backlog fell by 11,000 units to 152,600 units in August, according to ACT Research. read more

ACT Research Names Teolis New Chief Economist

David Teolis will join ACT Research on Oct. 1 as chief economist following a 28-year career with General Motors. read more

With 2023 Overbooked, Class 8 Orders Will Now Set the Tone for 2024

On continued strong build rates and seasonally weak order volumes, July’s North American Class 8 backlog fell by 11,632 units to 163,576 units, according to ACT Research, which noted that at 5.9 months, the nominal backlog-to-build ratio remains comfortably healthy. read more

Trucking Industry Forecasts Move Higher Amid Rising Economic Expectations

As economic expectations rise, ACT Research’s forecasts for Classes 5-7, Class 8 and trailer output in 2023 and 2024 moved higher again this month. read more

Seasonally Weak Orders, Recovering Supply Chains Enable Elevated Class 8 Production in June

According to ACT Research’s latest State of the Industry: NA Classes 5-8 report, June’s Class 8 backlog decline met expectations, as seasonally weak orders ran headlong into strong production. read more

ACT Research Forecasts Slights Increases in Class 8 Retail Sales for Rest of 2023

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

ACT Research Expects Strong Class 8 Production and Sales Will Exhaust Pent-Up Demand in 2023

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

Healthy Sales and Build Trends for Class 8 CVs on the Rise in 2023

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

Inflation Could Call for Higher Interest Rates

According to ACT Research's Commercial Vehicle Dealer Digest, the longer inflation remains elevated, the more aggressively the Fed will respond with higher interest rates. read more

Class 8 Tractor Dashboard Drops for Seventh Time in Eight Months

The top line on the Class 8 Tractor Dashboard dropped in October to a -3 reading, marking the seventh moderately downbeat reading in eight months, according to ACT Research’s recently released Transportation Digest. read more

November Commercial Vehicle Forecasts Slightly Higher Than October, Class 8 Forecasts Stable

According to ACT Research’s latest release of the North American Commercial Vehicle Outlook, 2022 forecasts this month are slightly raised from October caused by easing supply-chain constraints. read more

ACT Research Reports Slightly Lowered Forecasts as Fed Continues to Raise Rates

In the latest release of its Commercial Vehicle Dealer Digest, ACT Research reported slightly lowered forecasts due to the Federal Reserve’s continued action toward inflation, which it says is disproportionally impacting the freight economy. read more

ACT Research: Class 8 Tractor Dashboard Drops for Fifth Time in Six Months

According to ACT Research’s recently released Transportation Digest, the top line on the Class 8 Tractor Dashboard dropped in August to a minus three reading, the fifth moderately downbeat reading in six months. read more

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