14 hours agoACT Research: Used Class 8 Truck Sales Retreated in February, 8% Lower M/MAccording to the latest State of the Industry: U.S. Classes 3–8 Used Trucks, published by ACT Research, used Class 8 retail volumes (same dealer sales) were 8% lower m/m in February. Average mileage was unchanged, with average price and age both down, 4%, and 2%, respectively. Longer term, average price…Usedtrucks4 min readUsedtrucks4 min read
1 day agoACT Research: US Trailer Industry Increases Build Rate in February with Some Chatter of Softening DemandReflecting a higher build rate, the backlog-to-build ratio contracted to 8.5 months in February, after closing January at 9.9 months. For context, the average since Q3’21 has been in the 8-month neighborhood, according to this month’s issue of ACT Research’s State of the Industry: U.S. Trailers report. “With most categories…Trailers3 min readTrailers3 min read
2 days agoACT Research: Sharp Slowdown in For-Hire Trucking Capacity GrowthFreight volumes and rates declined in February, but we’re closer to the end than the start of this freight downcycle. Rate trends should begin to recover as soon as traction on freight volumes is established, and slower capacity growth this month is a hopeful sign the bottoming process is closer…Freight Shipping4 min readFreight Shipping4 min read
5 days agoACT Research: Chinese Truck Market Demand Started to Reverse Downward Trajectory in Q4’22Chinese commercial vehicle demand presented a mixed bag of results into the end of 2022. While demand for heavy trucks, medium trucks, and tractors started the process of reversing their downward trajectory as the Chinese economy reopened, according to the recent release of ACT Research’s China Commercial Vehicle OUTLOOK. Medium…Chinese2 min readChinese2 min read
6 days agoACT Research: Refrigerated market to lead us out of the downcycle?The mild freight downturn is likely to persist as banking crises fray nerves and the retail destock progresses, and restocking is unlikely for a while. The truckload spot market is bottoming as labor capacity slows, according to the latest release of the ACT Freight Forecast, U.S. Rate and Volume OUTLOOK…Freight Shipping3 min readFreight Shipping3 min read
Mar 22ACT Research: Classes 5–8 Production Relative to Build Plan Fell Short in FebruaryAccording to ACT Research’s latest State of the Industry: NA Classes 5–8 report, February heavy-duty and medium-duty production relative to build plan each fell short. The Class 8 build rate in February was 1,277 units per day (upd), up 13.9% y/y, but down 7.6% m/m, and 7.4% below industry build…Trucking3 min readTrucking3 min read
Mar 21ACT Research: Preliminary Net Trailer Orders Indicate Strong Demand ContinuesFebruary’s preliminary net trailer orders increased sequentially, but were lower against longer-term comparisons, with 25,800 units (25,600 SA) projected to have been booked during the month. Final February results will be available later this month. This preliminary market estimate should be within +/-5% of the final order tally. ACT Research’s…Trucking3 min readTrucking3 min read
Mar 2ACT Research: Class 8 Truck Orders at 23,600 Units in February, up 13% Y/YPreliminary NA Class 8 net orders in February were 23,600 units, up 13% y/y (+27% m/m), while NA Classes 5–7 net orders were 17,500 units. Complete industry data for February, including final order numbers, will be published by ACT Research in mid-March. ACT’s State of the Industry: Classes 5–8 Vehicles…Trucking3 min readTrucking3 min read
Mar 1ACT Research: Used Class 8 Truck Sales Increased 12% M/M in JanuaryAccording to the latest State of the Industry: U.S. Classes 3–8 Used Trucks, published by ACT Research, used Class 8 retail volumes (same dealer sales) increased 12% m/m in January. Average mileage increased 8% m/m, with average price down 7%, and age up 1%. Longer term, average price and volumes…Used Trucks4 min readUsed Trucks4 min read
Feb 28ACT Research: Trailer Makers Expect Demand to Exceed Capacity Through 2023According to this quarter’s issue of ACT Research’s Trailer Components & Raw Materials Forecast, supply-chain concerns still linger, with some manufacturers sharing that they see no short-term improvement in sight. Most trailer makers continue to see demand exceeding capacity through the end of 2023; although, some fleets are taking a…Trucking3 min readTrucking3 min read
