Patrick Gaskins

Ever since COVID-19, the global economy has been on a rollercoaster ride, experiencing significant ups and downs brought about by supply chain issues either caused or exacerbated by the pandemic. It’s a tale told around the globe: after the pandemic... read more

February 2024

American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index decreased 1% in November after increasing 0.8% in October. read more

DEC 22, 2023 - 6:34 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

The American Trucking Associations released new data finding the trucking industry invests $14 billion annually in technology, training and other expenditures to improve highway safety. read more

DEC 12, 2023 - 6:38 am

Truckload volume surged and spot and contract freight rates hit new highs in August as logistics managers stare down their most challenging peak shipping season yet. The DAT Truckload Volume Index (TVI) rose to 231 last month, up 2% from July and 17% higher year over year. read more

SEP 17, 2021 - 6:10 am

While inventory levels within Sandhills Global marketplaces have ticked back down in August after leveling off briefly, auction and asking values for used agricultural equipment and heavy-duty trucks are continuing a sharp ascent, according to a new Sandhills Global Market Report. read more

SEP 15, 2021 - 6:10 am

ACT Research reported that there were 43,806 net U.S. trailer orders in December, which was an 11% increase from the previous month and a 150% increase compared with December 2019. read more

JAN 22, 2021 - 7:01 am

Preliminary information for December indicates that the U.S. trailer industry booked 42,500 net orders for the month, which was 7% better than November and 140% above year-ago levels, according to ACT Research. read more

JAN 15, 2021 - 7:03 am

Preliminary NA Class 8 net orders in December were 50,900 units, down 2% from November, but up 153% from December 2019, according to ACT Research. NA Classes 5-7 demand, with orders at 35,100 units, rose 28% sequentially and 73% compared with December 2019. read more

JAN 7, 2021 - 6:40 am

According to ACT Research, China’s heavy and medium commercial vehicle markets reported an uptick in sales during Q3/20 following the ground lost from the severe setback in Q1/20 due to the COVID-19 pandemic and the recovery that started in Q2/20. read more

DEC 29, 2020 - 7:13 am

According to ACT Research, November net U.S. trailer orders fell nearly 28% from October, reaching 39,645 units. However, net orders were up 100% year over year and up more than 30% year to date compared with the first 11 months of 2019. read more

DEC 28, 2020 - 6:11 am

According to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks report from ACT Research, used Class 8 same dealer sales volumes fell 22% in November compared with October, while average miles fell 2% and average age fell 3%. read more

DEC 28, 2020 - 6:01 am

In the recent release of its Commercial Vehicle Dealer Digest, ACT Research reported that the strength in new commercial vehicle demand can be attributed to strength in freight rates. read more

DEC 23, 2020 - 6:37 am

According to ACT Research’s recently released Transportation Digest, the 2020 heavy duty truck market will close on a robust note, setting the stage for 2021. read more

DEC 22, 2020 - 6:33 am

According to ACT Research, with the beginning of COVID-19 vaccine distribution, the likelihood of Congressional assistance for those still suffering from COVID’s impact, and healthy freight rates, commercial vehicle demand remains strongly positioned heading into 2021. read more

DEC 18, 2020 - 6:49 am