ACT Research: Trailer orders dip as cancellations climb
Preliminary data for net trailer orders in January seems to follow a continued softening trend, according to ACT Research.
ACT Research: Used Class 8 sales start 2024 strong
The preliminary numbers for January show used Class 8 trucks are selling well compared to both last month, and last year.
ACT Research: January Class 8 demand above replacement level
Despite the increase in Class 8 tractor orders, ACT president Kenny Veith still sees a risk for rapid inventory escalation, this year.
ACT Research ups 2024 Class 8 production and sales expectations
Looking at demand, activity, orders and backlogs, ACT Research expects an Class 8 production and sales to rise for the first time since last July.
ACT Research: For-Hire Trucking Index reflects recovering freight market
ACT Research says their survey data sows conditions are gradually moving in the right direction.
ACT Research: Used Class 8 value hits low last seen in 2021
Despite the drop in price, ACT Research vice president Steve Tam says 2023 sales volume increased considerably.
ACT Research suggests moderating 2024 trailer activity
Based on 2023-ending data, ACT research says 2024 “more about hoping and coping than full steam ahead” for trailer market
Used truck sales end 2023 with a strong showing
Significant increases for both month-to-month and year-to-year numbers.
December trailer orders significantly lower than last year
December’s preliminary net trailer orders increased nominally from November, according to ACT Research.
Class 8 truck orders fall in December
December preliminary North America Class 8 net orders were 26,500 units, falling by 15,000 units from November, ACT Research reports. “After a strong and upside-surprising November, Class 8 orders surprised in the opposite direction in 2023’s last report,” said Kenny Vieth, ACT’s president and senior analyst. “With the largest seasonal factor of the year, seasonal
ACT Research: Trailer industry concerns shift toward demand
ACT says that November orders, despite the lower numbers, continued to show relatively healthy bookings.
Used Class 8 values reach lowest point since 2021
Used Class 8 average retail sale prices fell 6% month-over-month in November.