ACT Research: Interest in electric trucks is accelerating
Following a quarter heavily focused on automated manual transmissions, the attention in Q3 2017 has been directed to electric power, as noted in the N.A. On-highway CV Engine Outlook, by ACT Research Co. and Rhein Associates. The N.A. On-highway CV Engine Outlook is designed to present historical trends, current activity and forecasts of engine demand
Preliminary numbers show strong September increase in truck orders
Preliminary numbers are in for September’s truck orders, and the consensus is that truck orders rose significantly in the month, with both heavy- and medium-duty truck orders seeing jumps. ACT Research Co. found Class 8 North American preliminary net orders at 22,600 units, up 63% over last year, the fourth consecutive month of improvement; medium-duty
Used truck sales climb in August
Class 8 same-dealer used truck sales volumes gained some ground in August, following two consecutive months of declines, according to ACT Research Co. “Channel analysis indicates that August was the second best sales month this year,” said Steve Tam, vice president at ACT Research. “The retail and wholesale market segments fared well, posting gains of
Class 8 truck orders strong in August
According to preliminary data from ACT Research Co. and FTR, North American Classes 5-8 orders declined slightly in August, dropping 1,400 units from last month, while rising 28% year-over-year. Class 8 orders had a strong month of August, while medium-duty orders fell slightly. According to FTR’s numbers, preliminary Class 8 net orders for August came in at
Used Class 8 truck same dealer sales declined in July, up over last year
Class 8 same dealer used truck sales volumes continued to decline in July, falling 5% month-over-month, according to the latest numbers from ACT Research. “Channel analysis indicates that the retail and wholesale declines were the primary drivers behind the overall market slump,” said Steve Tam, vice president at ACT Research. “Despite the sequential drop, longer
Preliminary July Class 8 truck order data shows substantial year-over-year improvement
Preliminary data shows slight month-over-month improvements in orders of Class 8 trucks for July, and substantial improvements over last year. According to preliminary data from FTR, Class 8 net orders for July at 18,300 units, a month-over-month improvement of 5% and 79% better than a year ago. “This is a great sign to see orders
Trailer orders continue growth in June
According to the numbers from both FTR and ACT Research Co., net trailer orders continued their steady growth in the month of June. According to FTR, final June net trailer orders came in at 18,900 units, rebounding from May with a month-over-month improvement of 12% and a 58% increase over June 2016 orders. The June activity
Truck orders improve in June
According to preliminary data from both ACT Research Co. and FTR, Class 5-8 truck orders had a strong showing in June, improving significantly month-over-month. In June, total North American Classes 5-8 net orders rose over 37% year-over-year to a seasonally adjusted 43,000 units, ACT found. Class 8 orders rebounded to 18,100 in June, adding 1,200
Trailer production rises in May
Facilitated by the additional build days, total trailer production was up 12% sequentially in May, and was 2% better than last year, according to ACT Research Co. “The majority of the May increase resulted from two more days in the schedule, although an increase in daily build rates also contributed,” said Frank Maly, director of
ACT Research: New truck equipment purchase intentions at their highest
The latest release of ACT Research Co.’s For-Hire Trucking Index indicated that May’s purchase intentions for new truck equipment remained elevated, with 61% of responding fleets planning equipment investments in the next three months. This marked the strongest three-month reading since the third quarter of 2014. Following April’s slowing growth, the volume reading advanced for
Used Class 8 truck sales decline in April, up 1% year-over-year
Class 8 same dealer used truck sales volumes dropped in April, breaking a three-month run of double-digit gains, according to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks by ACT Research. Total volumes for the dealers in ACT’s sample continue to show modest improvement for long-term comparisons. “All three
Preliminary truck order numbers decline in May
According to both FTR and ACT Research Co., preliminary numbers show a decline in Class 8 truck orders in May. FTR’s numbers show Class 8 net orders for May at 16,300 units, retreating after a long, steady streak that had begun in October 2016. May order activity was below expectations, falling 31% under April. In
