Kenny Vieth Related Content

ACT Research: CV Forecasts Upgraded for 2020

Commercial vehicle forecasts for 2020 were marked up across the board in August, according to ACT’s latest release of the North American Commercial Vehicle OUTLOOK, which cites the uptick as a result of a robust “perfect storm” of positives in late spring and summer. read more

ACT: Preliminary Data Show Orders for NA Classes 5-8 Vehicles at Six-Month High

Preliminary North American Class 8 net orders in July were 20,300 units, rising 27% from June and up 98% compared with July 2019, according to ACT Research. read more

ACT Research: Economic Path Forward Will Be ‘Choppy’

According to its latest Commercial Vehicle Dealer Digest report, ACT Research expects “a choppy economic path forward.” read more

ACT Research: Rise in COVID-19 Cases Threatens Commercial Vehicle Recovery

According to ACT Research, the tug of war between positive and negative influences on the business environment and trucking reached a pivotal juncture at the end of June, but escalation in new COVID-19 cases since mid-June threatens to abort this nascent recovery. read more

ACT Research’s For-Hire Trucking Index Continues Rebound in June

According to the ACT Research’s June For-Hire Trucking Index, there was continued and significant improvement in the diffusion index measures tracked. June’s Volume Index rose to 70.4 from 19.3 in April and 50.2 in May. read more

ACT Research: June CV Data Returning Closer to Normal Levels

According to ACT Research’s latest State of the Industry: NA Classes 5-8 Report, May and June returned to something closer to life as usual following shutdowns related to the COVID-19 pandemic in March and April. read more

ACT 2020 Commercial Vehicle Forecasts Marked Up in July

ACT Research forecasted a commercial vehicle uptick due to $6 trillion in stimulus, better than expected economic activity, boosted freight rates and preliminary June metrics that were well above trend. read more

ACT: Freight Rate Improvements Power Spike in June Class 8 Net Orders

According to ACT Research, preliminary North American Class 8 net orders in June were 16,000 units, rising 139% from May and 23% compared with June 2019. read more

ACT: May Used Truck Sales Volume Down 12% M/M, Price and Miles Up

ACT Research reported used Class 8 same dealer sales volumes dropped 12% month-over-month in May, while price and miles rose 2% and 1%, respectively. read more

ACT: U.S. Economy Improves in April, CV Industry Looking Toward Recovery

ACT Research data showed improvements in the state of the economy with reopenings since late April representing the first steps toward economic recovery. read more

ACT: COVID-19 Impact Continues, Data Showing Improvement

COVID-19 continues to depress economies, with June marking the fourth month of the most severe business cycle downturn since the Great Depression, according to ACT Research. read more

ACT: May Commercial Vehicle Data Shows Pandemic’s Mark

According to an ACT Research report, the economy continues to reopen after falling sharply the past few months. Kenny Vieth, president and senior analyst at ACT Research, noted that “the economic recovery currently underway is thin and heavily subsidized.” read more

ACT: May Data Show Depth of Supply Chain Disruption in CV Industry

ACT Research preliminary May NA Class 8 net orders were up 56% from April but down 38% year over year, while NA Classes 5-7 market orders improved 5.3% month-over-month, despite being down 57% from the year-ago. read more

ACT Forecast: CV Production to Fall 66%, Engine Demand Muted in Tandem

Truck and tractor production volumes are forecast to fall precipitously in 2020, and with them the demand for engines, according to ACT Research and Rhein Associates. read more

ACT: Economic Growth in Post-COVID-19 Forecast

ACT Research predicted that the economy will transition from contraction to growth over the course of Q3/20 and Q4/20. read more

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