Used Class 8 sales high in May amid economic, freight environments
Tam concluded that even though the economy, freight conditions are currently weak, the comparison emphasizes the circumstances faced in 2022.
Volvo Trucks, University of Minnesota to conduct extreme weather field testing
Volvo Trucks is analyzing EV performance on different routes in extreme temperatures and varying terrains.
SAE’s commercial vehicle event to focus on building a sustainable future
This year’s COMVEC event aims to advance sustainable vehicles through collaboration and addressing customer needs in the industry.
FTR Shippers Conditions slightly less favorable in March
Shippers Conditions Index dips, but positive factors maintain stable outlook, according to market research.
For-Hire Trucking Index shows continued declines in April
Although the current situation still indicates a loose balance, the necessary conditions for a future rebalancing have been established.
U.S. trailer industry order boards for 2023 fully open, nearly fully committed
Overall build was 13% lower m/m due to four fewer build days in April than in March.
Samsara releases State of Connected Operations report
The research found that Connected Operations Leaders were 6x more likely to exceed their financial goals by 25% or more.
U.S. trailer industry is committed nearly through 2023
Overall build rose 14% m/m due to three more build days in March as opposed to February.
Production of Class 5-8 trucks exceeded build plans in March as supply conditions slowly improve
Heavy- and medium-duty orders declined double digits Y/Y, according to ACT Research’s latest State of the Industry Report.
Another Fed rate hike in 2023 could hamper carrier profits
Higher prices and borrowing costs are creating drags on economic activity, freight, and demand for commercial vehicles, according ACT Research.
