ACT Research lowers truck production forecasts
ACT Research has trimmed its near-term commercial vehicle production forecasts amid continued supply-side constraints. “The setup for the entire industry remains unchanged: Despite rock-solid demand metrics across the spectrum of medium and heavy duty vehicle types, industry capacity remains range-bound across a broad front of supply-chain constraints,” said Steve Tam, ACT’s vice president. “Just like
Daimler Truck N.A., Torc highlight continued autonomous truck research
Torc Robotics and Daimler Truck are entering their third year of a partnership aiming to commercialize a scalable, profitable Level 4 autonomous truck. Torc is currently testing the Level 4 trucks on public roads in Virginia, New Mexico and Texas, with continued route expansion in the works. Daimler Truck and Torc say they formed the
Supply constraints lead ACT Research to cut forecasts
According to ACT Research’s recently released Transportation Digest, North America’s commercial vehicle industry is experiencing material capacity constraints that are dictating the speed at which the industry can produce for the rest of this year and next. The report, which combines proprietary ACT data and analysis from a wide variety of sources, paints a comprehensive
Used truck prices are making and breaking records
Preliminary used Class 8 volumes dropped 5% month-over-month and 24% year-over-year in August, according to data from ACT Research. Through the first eight months of the year, activity is 8% higher compared to the same period a year ago, ACT said. Other data released in ACT’s preliminary report included month-over-month comparisons for August 2021, which
Freight and heavy vehicle demand strong, ACT reports
New numbers from ACT Research show strength of both freight demand and heavy vehicle demand, the company shared. According to Kenny Vieth, ACT’s president and senior analyst, two charts seen above from ACT’s North American Commercial Vehicle Outlook show promising numbers. “The Total Business Inventory-to-Sales ratio bounced off the bottom in May, but remained well
Class 8 natural gas truck retail sales gained 19% YTD through May
For the first five months of 2021, U.S. and Canadian Class 8 natural gas truck retail sales rose 19% year-to-date against a “somewhat unfair comparison of the same time period in 2020,” as published in the quarterly report (AFQ: Alternative Fuels Quarterly) recently released by ACT Research. For context, total U.S. Class 8 sales were
Commercial vehicle market drives toward stability at high levels
According to ACT Research’s recently released Transportation Digest, forecast stability this year has been driven by three factors: 1. Major positive momentum carried over from 2020;2. The struggle of manufacturers to push production even higher in the face of record heavy organic truck demand; and 3. The benefit of vaccinations somewhat reversing the daunting upward
ACT Research: With demand high, truck market awaits opening of OEMs’ 2022 order books
According to ACT Research’s latest State of the Industry: N.A. Classes 5-8 Report, with demand for commercial vehicles surging, much depends on the opening of the OEMs’ 2022 order books. “There are times in the cycle where other variables supplant orders as the most critical in terms of industry understanding,” said Kenny Vieth, ACT Research’s president and
Daimler Trucks N.A. on electric truck charging infrastructure basics
So, the time has come for your fleet to go battery electric. You’ve done the research to determine the right battery electric trucks for your fleet, but equally as important is knowing your charging needs. What are the space requirements to build out the charging station infrastructure on-site? How efficient do you need your charging
The (ever-evolving) list of battery commercial EV charging station OEMs (Updated!)
EV charging stations are a huge business. Some reports expect the market will be worth as much as $103.6 billion by 2028. That means there are dozens of options when it comes to finding a partner to help develop a charging station infrastructure for your fleet. Below, we’ve rounded up as many OEMs that we
