ACT Freight Forecast: Stronger-for-longer peak with a inflationary events
ACT Research released the latest installment of the ACT Freight Forecast, U.S. Rate and Volume Outlook report. Tim Denoyer, ACT Research’s vice president and senior analyst, said, “Freight markets remain tight as we head into a clearly historic peak season with unprecedented containership backlogs, currently about 125 at anchor at North American ports. The chip
ACT Research For-Hire Trucking Index: Prices continue strongest-ever trend
The latest release of ACT’s For-Hire Trucking Index, with May data, showed a slowing in volumes, strength in pricing, and a sharp decline in the supply-demand balance. Kenny Vieth, ACT Research’s president and senior analyst commented, “Consistent with some consumer-related macro softness as well as the deceleration in DAT’s load-to-truck ratios from the beginning to
ACT Research’s Class 8 tractor dashboard: ‘It doesn’t get any better than this.’
According to ACT Research’s latest release of the North American Commercial Vehicle Outlook, the question of commercial vehicle demand for 2021 has already been answered, and for the first time ever, this perspective is illuminated by all positive indicators on ACT’s Class 8 Tractor Dashboard. The N.A. CV Outlook is a robust report that forecasts
U.S. net trailer orders gain M/M, show triple-digit growth Y/Y, ACT reports
March net U.S. trailer orders of 29,910 units grew more than 13% from the previous month and rose more than 252% compared to March of 2020, ACT Research says. Before accounting for cancellations, new orders of 33,400 units were up 18% versus February and 136% better than the previous March, according ACT’s latest numbers. “After
ACT Research: Preliminary March N.A. Class 8 orders up 424% y/y
Preliminary N.A. Class 8 net orders in March were 40,000 units, down 10% from February, but 424% higher than March of last year’s COVID-stricken intake, according to ACT Research. N.A. Classes 5-7 demand, with orders at 31,400 units, were up 19% from February. Demand was more than double (103%) its year-ago level. Complete industry data
Microchip supply chain constraints and its impact on trucking
Think back to the first time you heard about the Coronavirus. Maybe it was January 2020, at a crowded conference when the buzz of the virus was growing, but it still seemed like foreign problem. Three months later, the world shut down. This year there were similar murmurs, not of a virus that could impact
ACT Research: U.S. trailer net orders open 2021 stronger than last year
January net U.S. trailer orders of 30,680 units fell more than 30% from the previous month, but rose nearly 105% compared to January of 2020, according to this month’s numbers from ACT Research. Before accounting for cancellations, new orders of 32.1k units were down 30% versus December, but 91% better than the previous January. “OEMs
ACT Research: Used Class 8 truck sales are up
Preliminary used Class 8 volumes (same dealer sales) rose 11% month-over-month in December, and are 25% higher year-to-date compared to 2019, according to the latest preliminary release of the State of the Industry: U.S. Classes 3-8 Used Trucks published by ACT Research. Compared to December of 2019, volumes gained 27%. Other data released in ACT’s
ACT Research: Used truck prices climbed in October
According to the latest numbers from ACT Research, used Class 8 same dealer sales volumes, average miles and average age all declined month-over-month—down 22%, 2%, and 3%, respectively, compared to October. Longer-term, same dealer sales volumes were up 21% year-to-date against the first 11 months of 2019, with average price, miles and age all below
ACT Research: Preliminary November used Class 8 data shows YTD sales up
Preliminary used Class 8 volumes (same dealer sales) dropped 20% month-over-month in November, but are 18% higher year-to-date compared to the first 11 months of 2019, according to the latest preliminary numbers from ACT Research. Compared to November of 2019, volumes gained 32%. Other data released in ACT’s preliminary report included month-over-month comparisons for November
