Preliminary Class 5-8 vehicle orders moderated again
Complete industry data for May, including final order numbers, will be published by ACT Research in mid-June.
Production is trucking’s challenge in 2021
In the release of its Commercial Vehicle Dealer Digest, ACT Research reported that the question of commercial vehicle demand for 2021 has been answered, but the remaining question is the industry’s ability to meet that level of demand. “This year’s challenge is to ascertain the impact of supply constraints on 2021’s production potential, and the two
Seven steps to fleet safety
Years of rising insurance premiums have pushed fleet operators to their limits, with many insurance carriers mitigating costs through dramatically increased deductibles and reduced coverage, according to the American Transportation Research Institute. Yet, a growing number of carriers are reining in insurance spending – without taking on excess liability – by leveraging advanced fleet safety
A New Breed of Air Filter, Built to Do More in the U.S.A.
In today’s heavy-duty industry, it’s rare to find a product that is designed, developed, tested and built in the U.S.A. Finer-Flow continues Luber-finer’s long-standing tradition of creating innovative filtration technology at our U.S.-based research, development and manufacturing centers. This new line of heavy-duty engine air filter is the result of years of exploration in new
Class 8 truck orders pull back; backlog essentially filled
According to ACT Research’s latest numbers, April Class 8 net orders pulled back to a seven-month low, with benign cancellations. ACT Research attributes the order pullback not to any slowing in demand, but a reflection that the 2021 backlog is essentially filled. “As we’ve said for some time, commercial vehicle demand is hot, but supply chain problems persist,” said Kenny
April trailer orders less than half of March; volume up more than 160% YTD
Preliminary reports from trailer OEMs indicate that 14,400 new trailer orders were booked in April, which was 52% lower than March, but a staggering 3600% above the dramatically COVID-impacted volume for the same month last year, according to ACT Research. “Given the dramatic market impact of COVID shutdowns that occurred at this point last year,
Used Class 8 truck sales, prices up year-to-date
Preliminary used Class 8 same-dealer sales dropped 2% month-over-month, but rose 51% year-over-year in April, according to ACT Research. Through the first four months of the year, activity is 29% higher compared to the same period a year ago, ACT reports. Other data released in ACT’s preliminary report included month-over-month comparisons for April 2021, which
The return of the medium-duty market: Where will vocational trends go when the market booms?
It’s often hard to tell, in the moment, the difference between a passing fad and a trend that’s here to stay. Those Beanie Babies people hoarded in the late ’90s didn’t end up paying for anybody’s college education, and despite all the hype, Bitcoin has not exactly deposed the U.S. dollar as our go-to trusted
Class 8 orders remain strong in April
FTR reports preliminary North American Class 8 net orders for April were 34,600 units, continuing to exhibit strength above normal trends. It was the best April order activity since 2018. Orders were down 15% m/m but 30,500 units above April 2020. Class 8 orders now total 403,000 units for the previous 12 months, FTR says.
NACV 2021 Show postponed
Organizers of the North American Commercial Vehicle (NACV) Show are postponing their 2021 event, originally scheduled for Sept. 28-30 at Atlanta’s Georgia World Congress Center. The decision was made after discussion with both manufacturers and fleets, who cited the lingering effects of COVID-19 on willingness to travel and attend large gatherings, organizers say. Additionally, the
