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
Truck brake, tire maintenance tips to prepare for International Roadcheck
According to the Commercial Vehicle Safety Alliance (CVSA), one-fifth of the more than 50,000 commercial vehicle inspections conducted during the 2020 International Roadcheck event resulted in a vehicle being taken out of service because of safety violations. And of all violations found during the inspection event, close to 40% were tied to the vehicle’s brake
March used Class 8 sales, prices rose while average miles fell
According to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research, used Class 8 volumes (same dealer sales) grew for all time periods, up 28% sequentially, 25% higher y/y, and 13% more on a YTD basis. Average prices were 6% higher compared to February and 20%
Making informed truck management decisions during the microchip shortage
The trucking industry could be headed toward the perfect storm of equipment shortages. We’ve already heard how the microchip shortage is impacting OEM truck production, and those supply challenges are being felt by suppliers and service providers. ACT Research noted that Class 8 truck orders are nearing their “best ever,” and vocational markets are expected
Tracking last mile delivery truck trends
It’s fun to talk about the buzz of the last mile delivery segment, but you get to a point where you think: What is the actual growth and makeup of the segment, and what does that mean for fleets? For answers to those questions and a closer look at the booming trucking segment, I connected
Preliminary used Class 8 sales up M/M, Y/Y, YTD
Preliminary used Class 8 volumes (same dealer sales) rose 29% month-over-month and 31% y/y in March, according to ACT Research. Additionally, they were 21% higher on a year-to-date basis compared to this time last year, according to the latest preliminary release of the State of the Industry: U.S. Classes 3-8 Used Trucks published by ACT
March preliminary trailer orders of 29,500 12% better than February
Preliminary reports from trailer OEMs indicate that 29,500 new trailer orders were booked in March. That was 12% better than February and more than triple the volume seen last year, when COVID-driven pressures began to meaningfully impact the market, ACT Research says. Final March volume will be available later this month. This preliminary market estimate
February Used Class 8 sales volumes fell, average price, miles, age rose
According to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research, used Class 8 volumes (same dealer sales) fell sequentially (-7% m/m), while average sale price, miles and age were all higher than in January, up 4%, 2%, and 1% m/m, respectively. Longer-term, same dealer sales
Preliminary used Class 8 data shows sales down m/m, y/y
Preliminary used Class 8 sales fell 6% month-over-month and 8% y/y in February, but are 5% higher on a year-to-date basis compared to this time last year, according to ACT Research. Other data released in ACT’s preliminary report included month-over-month comparisons for February 2021, which showed that average prices rose 1%, while average miles was
February net trailer orders remain solid at 24,200 units
Preliminary reports indicate that February’s net order volume of 24,200 trailers was up 82% from the same month last year, ACT Research reports. That was also down 21% from January 2021 bookings. “February’s sequential decline in net orders was a bit larger than seasonal patterns would project, but was directionally correct,” said Frank Maly, director
