Booming demand, strained supply and delivering data with Hendrickson’s new CEO, Pres.
Conventional 2022 trucking industry predictions basically boil down to, “Meet the New Year, same as the old year.” At least in the first quarter to through the first half, strong demand will continue, as well supply constraints. We’ve heard it from ACT Research, and Hendrickson’s newly appointed president and CEO, Matt Joy, doubled down on
Class 8 net orders recovered in December
FTR reports North American Class 8 net orders recovered to 23,100 units in December. The December total orders were back in the same range as September and October, following the previous trend of orders being slightly above expected production levels. December order activity was +139% m/m but still down y/y at -55% from December 2021.
The continued impact of supply-chain constrained production
Preliminary NA Class 8 net orders in December were 22,800 units, while NA Classes 5-7 net orders dropped to 18,100 units, a significant sequential uptick for Class 8 but lower m/m and y/y readings for the medium-duty market. Complete industry data for December, including final order numbers, will be published by ACT Research in mid-January. “For Class 8,
Ford Pro Charging launches to overcome the electrification hurdle
Ford Pro announced the launch of Ford Pro Charging, a comprehensive solution for commercial electric vehicle charging. According to the company, Ford Pro Charging will help ease this transition by delivering intuitive software and commercial hardware infrastructure to support charging and energy management. “[Customers] are depending on us to provide the electric vehicles and the
U.S. trailer orders about lower YTD compared to first 11 months of 2020
November net U.S. trailer orders of 32,103 units increased more than 84% from the previous month, but were nearly 20% lower compared to November of 2020. Before accounting for cancellations, new orders of 33.9k units were up more than 73% versus October, but 18% lower than the previous November, according to this month’s issue of
Pressure continues for new commercial vehicle order activity
Preliminary NA Class 8 net orders in November were 9,800 units, while NA Classes 5-7 net orders dropped to 21,500 units, both representing lower sequential and year-over-year readings. Complete industry data for November, including final order numbers, will be published by ACT Research in mid-December. “Long backlog lead times resulting from ongoing supply-side constraints continue
What Bridgestone plans to do to combat supply chain challenges
The past couple of years has been an exercise in adapting to a new normal. And while that may never actually feel normal, there’s little else we can do but work with what we got. In 2021, that means dealing with supply challenges and bad news: That’s going to continue into 2022. It’s normal now.
What’s stopping fleets from adopting FA-4 diesel engine oil?
Choice of engine oil might not be something that many you, as a fleet owner or operator, think about every day, but it’s a choice that could be having a significant impact on the total cost of ownership. Why is that? The American Petroleum Institute introduced the FA-4 performance category for heavy- duty engine oils,
Commercial vehicle supply constraints, inflationary ramifications remain front-and-center
According to ACT Research’s recently-released Transportation Digest, the front-and-center concerns of the commercial vehicle industry at the moment are supply chain constraints, as well as the inflationary ramifications that flow from them. The report, which combines proprietary ACT data and analysis from a wide variety of sources, paints a comprehensive picture of trends impacting transportation
Preliminary U.S. net trailer orders for October at 16,700 units
October preliminary net trailer orders of 16,700 units were down approximately 40% from September and off 70% from the peak order month last year, according to ACT Research. This preliminary market estimate should be within +/- 5% of the final order tally. ACT Research’s State of the Industry: U.S. Trailers report provides a monthly review
