ACT Research data shows Class 8 order surge paused
At a seasonally adjusted 17,100 units, March marks the first month since May 2023 for seasonally adjusted activity below 20,000 units.
FTR: Class 8 orders down more than 30% month-over-month
Despite the substantial drop from February, FTR says the market is performing well, as March orders are on track with 2023.
ACT Research trailer report finds carriers with ‘reduced willingness to invest in equipment’
ACT Research says limited capex and companies saving money to meet EPA regulations are currently weighing on trailer demand.
S&P Global Mobility: U.S. commercial truck market beat expectations
According to new CV registrations in 2023, 45% of upfitted vehicles are being used as service/utility vehicles, or as dry freight vans.
FTR: Class 8 orders fell in February, up year-over-year
Despite the 9% drop from January, FTR says net orders for February are up 11% year-to-year, according to preliminary data.
ACT Research: Freight capacity decline likely to continue
The latest release of ACT’s For-Hire Trucking Index reflects the slowly progressing freight market recovery.
ELFA: January new business volume up 6% Y/Y
Despite falling from December’s high, the association’s earlier predictions of a strong start to 2024 are still on track.
Class 8 orders strong in February
Even when seasonally adjusted, ACT says preliminary order numbers for February are up 5% over January.
ACT Research: 2024 could see trucking recovery
Despite trucking demand remaining weak, ACT Research says imports and international data indicate positive trends in 2024.
Scania reports 2023 growth in sales, progress on sustainability
The company says sales and performance are increasing as they move toward the goal of electrification, but there are challenges along the way.
FTR Trucking Conditions Index falls in December
FTR says the drop was mostly due to higher capital cost and a deterioration in freight rates, a trend that could stretch into 2024.
Fullbay: Repair shop sales and labor rates rose in 2023
A new report shows that counter sales and labor rates rose significantly in 2023 from the previous year.
