ACT Research: Class 8 orders strong, particularly in Mexico
November Class 8 net orders, at 41,732 units, were up 28% year-over-year.
ACT Research says half of all commercial vehicles will be zero emissions by 2040
By 2027, eight states will have joined California in adopting Advanced Clean Trucks, resulting in moderate growth in adoption rates.
ACT Research to launch new expanded forecast report in 2024
The expanded forecast, NA CV Outlook Plus, will feature an annual decarbonization market update, longer-term production forecast and more.
ACT Research findings indicate slow industry rebalancing
Private fleets are still growing and pulling freight from the for-hire market.
ACT Research recommends fleets plan 18 to 24 months ahead for behind-the-fence EV charging infrastructure
“Early adopters of battery-electric commercial vehicles experienced rather lengthy timelines to install EV charging infrastructure.”
ACT: Net trailer orders fall, cancellations elevated but 2024 books opening
“It is no surprise that net orders in June were the lowest they’ve been so far this year. That is simply part of the cycle.”
Phillips unveils new manufacturing facilities in Mexico to meet N.A. product demand
The manufacturer plans to relocate its manufacturing in China to Mexico.
Despite current economic activity, 2023 trucking decline yet to come
In the release of its Commercial Vehicle Dealer Digest, ACT Research reported a slightly raised 2022 GDP forecast despite current economic activity, but analysts continue to expect a decline in 2023. According to Kenny Vieth, president and senior analyst, ACT, the Federal Reserve will continue to aggressively raise interest rates so long as inflation remains
Class 8 Tractor Dashboard drops sixth time in seven-month period
According to ACT Research’s recently released Transportation Digest, the top line on the Class 8 Tractor Dashboard slipped in September to a -4 reading, the sixth moderately downbeat reading in seven months. “We think the Dashboard readings suggest a better outcome for Class 8 than was the case in the last two downturns (COVID 2020 and
Slightly lowered forecasts, impact on freight economy deepens
In the release of its Commercial Vehicle Dealer Digest, ACT Research reported slightly lowered forecasts due to the Fed’s continued action toward inflation, disproportionally impacting the freight economy. According to Kenny Vieth, president and senior analyst, ACT, “ACT’s forecasts into the medium term move incrementally lower this month on the continued deterioration of economic expectations: Inflation
