NTEA releases fall 2022 U.S. Commercial Vehicle Market Report

NTEA releases fall 2022 U.S. Commercial Vehicle Market Report

The fall 2022 U.S. Commercial Vehicle Market Report was released in conjunction with NTEA’s Executive Leadership Summit, in Baltimore, Md., during a session on trends within the commercial vehicle population led by representatives from Commercial Truck Trader, S&P Global Mobility and NTEA.

“The commercial vehicle market is rapidly changing due to many factors, including the last-mile boom and emergence of electric vehicles,” said Mark Hazel, associate director, commercial vehicle reporting at S&P Global Mobility. “This collaborative report between NTEA, S&P Global Mobility and Commercial Truck Trader will provide unparalleled insights to guide businesses through the changing commercial vehicle market.”

This first edition of the U.S. Commercial Vehicle Market Report leverages multiple complex datasets currently available to the market to provide an introductory landscape of opportunities, trends and challenges in today’s incomplete vehicle market.

Topics covered include

• Purchasing trends and forecasts by vehicle class;

• Fleet reactions to supply shortages and resulting effects on demand;

• How recent chassis shortages have impacted sales and consideration trends;

• Ways the industry is preparing for new emission standards; and

• How electric vehicles are being used commercially.

You May Also Like

Transervice Logistics gets new VP of Northeast operations

Marc Fried will be VP responsible for maintenance and full-service lease operations in the Northeast.

Transervice Logistics has named Marc Fried its vice president of Northeast operations. In this new role, Fried will have responsibility for maintenance and full-service lease operations in the Northeast territory including The New York Times, Verizon, Bimbo, DHL Express, Wakefern, Feldman, WB Meyer, and Dennison Lubricants.

Fried was most recently director of operations for American Expediting Company, a healthcare logistics and medical courier. Prior to that he was regional operations director for modular space solutions company, WillScot, and director of operations for Ryder Systems.

How Decker Truck Line leverages technology to improve operating efficiency

Company ownership remains under the Decker family lineage with Dale Decker’s grandson, Donald, serving as chairman of the board and Donald’s son Dale enlisted as CEO.

Decker-Truck-Line---Mt.-Rainier,-WA-1400
Rockview Farms deploys Volvo LIGHTS project’s final two VNR Electric trucks 

Volvo Trucks deployed its first Class 8 Volvo VNR Electric trucks to fleet operators in 2019.

Economic downturn could be less severe according to latest data

Data from ACT Research reports the potential for limited interest rate increases.

finance-generic
Leasing and Finance Index new business volume for November up y/y

Volume was down 24% from $11.3 billion in October. Year-to-date, cumulative new business volume was up 6% compared to 2021.

Equipment-Leasing-and-Finance-Association’s-survey-of-economic-activity-1400

Other Posts

December Class 8 intake caps off a robust final four months

At 30,300 units, December Class 8 orders show a positive progression moving into the new year.

Penske-Truck-Leasing-Freightliner
A new standard for diesel power is set in California

In 2021, California was the sixth fastest growing state for registrations of these new technology trucks, adding nearly 30,000 new units since 2020.

dtf-logo-1400
Peterbilt of Atlanta announces eighth location

The new location will allow Peterbilt of Atlanta to better serve its customers along the Interstate 16 corridor in Georgia.

Used Class 8 retail sales dropped 19% in November

Longer term, average price and miles were higher y/y, with age up 7% y/y.

Onfleet_6_generic