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.
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.
Good News! Parts, labor costs fell slightly Q4 2023
Decisiv, TMC Benchmarking Report shows trend reversal from previous quarter.
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.
ELFA data suggests strong start for new business volume in 2024
December’s new business volumes were up both year-over-year and month-over-month.
When will the 2027 diesel engine pre-buy start?
Volvo Trucks’s Magnus Koeck shares his prebuy thoughts, talks 2023 market share and provides a 2024 industry outlook.
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.
U.S. Bank Index sees largest-ever freight shipment volume drop
Year-over-year data shows Q4 2023 shipments were down 15.7%, while spending by shippers dropped 13.5%.
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.
January leasing & finance confidence index shows slow, upward trend
At a rating of 48.6, this month’s index is the highest we’ve seen since September.
