Five truck trend takeaways from January

Five truck trend takeaways from January

Nothing is more conventional than a good old New Year’s resolution. Whether it be to save money, eat healthier, read more or hit the gym. At the beginning of a new year, people are ambitious… and then a little non-committal. By the end of January, about 80% of people have abandoned their resolutions. So if you are among the few who stuck to it, props to you! If not, who’s to say you didn’t just take a break before getting back to it?

Here at FE, we resolved to blog about the top five truck trend takeaways from each month back in 2015. And we’re still doing it!

This January was an eventful month to say the least. The constantly changing industry can be hard to keep up with, and we get that. To make it simpler, here are our key takeaways from January—the major things you don’t want to miss!

5. Sustainability? Shell yeah!

Talk of decarbonization is growing and Shell’s General Manager of Commercial Road Transport, Tim Murray, is ready for the conversation. In this article, learn about Shell’s commitment to environmental sustainability with their on-going initiatives and investments.

4. Let’s talk truck tech

The use of AI’s has started to become a more common practice for the fleet industry, but before we expand on where that’s going, it is important to take note of not only where we’ve been, but where we started. Check out this FE Unscripted with Lytx’s Del Lisk to discuss the timeline of truck technology.

3. Speculation to preparation

It’s no secret that the industry is changing. And while we can’t say for certain what 2022 will bring about, our insights may help you prepare for what is to come. In this article, Avi Geller, CEO of Maven Machines, provides some industry strategies to help alleviate the common fleet-related headaches.

2. Watts going on?

EV adoption took off last year, in certain applications, but there are still a lot of unknowns regarding their capabilities, maintenance, and rate of production. This article explores the growing world of electrification with the help from Peter Voorhoeve, president of Volvo Trucks North America.

1. Comfort is the key

What’s comfortable to me might not be what’s comfortable to you. You may want a cooler temperature while I like it warm. I enjoy low lighting, but you may prefer a more fluorescent atmosphere. What I’m saying is everyone is different—that’s why control over environment is an important factor that can, oftentimes, be overlooked. How can this be addressed? If only there was a video to explain some of the customization options for fleet cabs…

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FTR reported that Class 8 preliminary net orders for March came in at 18,200 units, down 34% from February and 4% below March 2023. Orders for the past 12 months have totaled 264,800 units. With March orders comparable to the March 2023 level, FTR says the market is still performing at a solid level.

FTR says March orders, like February’s activity, are consistent with the recent demand trend and are in line with seasonal expectations. After maintaining an average level of around 27,000 units for the last three months, FTR adds that orders appear to be slowing at a seasonally typical rate, while build slots continue to be filled at a healthy rate. “Despite weakness in the freight markets that has persisted for more than a year, fleets continue to be willing to order new equipment," says Eric Starks, FTR chairman of the board. "Order levels in March were below the historical average but remained in line with seasonal trends. Demand is not declining rapidly, but neither is the market doing significantly better than replacement level demand. Our expectation for replacement output by the end of this year is unchanged.”

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ACT Research trailer report finds carriers with ‘reduced willingness to invest in equipment’

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Orders are scheduled for production in Q3 of this year.

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Range Energy receives $23.5M in new financing for electric trailers

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Greenlane plans for EV chargers stretching from Los Angeles to Las Vegas

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