Class 8 capacity still higher than demand
For the eighth straight month, the supply of Class 8 trucks has continued to rise faster than demand, according to the most recent ACT For-Hire Trucking Index from ACT Research Co. “For an eighth consecutive month the fleet capacity index has risen faster than the freight index,” said Kenny Vieth, ACT’s president and senior analyst.
Once again, truck sales drop
Across the truck industry, sales numbers have been dropping. Preliminary numbers are in for April, and according to both FTR and ACT Research Co., heavy-duty sales are down for the month. ACT’s preliminary numbers show 33,800 new orders from Classes 5-8 (13,700 from Class 8 and 20,100 from Classes 5-7). That’s a 16% drop from March and a
Final numbers for March used truck sales are a mixed bag
Used Class 8 truck metrics continued to be mixed in March, according to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research. “March Class 8 used truck volumes, up 8% month-over-month, continued their upward trek, following a significant recovery last month from January’s low. This, however,
Natural gas truck sales numbers see modest improvement
U.S. and Canadian natural gas Class 8 truck retail sales improved modestly in February, after getting off to a slow start in 2016, according to a recent report from ACT Research. The “Natural Gas Quarterly” attributes this to a high number of natural gas (NG) vehicle repeat sales, despite the continuing low cost of diesel
Class 8 orders drop in March
Class 8 orders dropped 10% month over month and 35% year over year in March, to a total of 16,354 units. Medium duty net orders totaled 13,242, down 3% from February, but up 10% year over year. These results were published in the latest State of the Industry report from ACT Research Co. “Medium and heavy demand
Class 8 capacity continues to be higher than demand
The supply of Class 8 trucks continues to rise faster than demand for trucks, according to the most recent ACT For-Hire Trucking Index from ACT Research Co. “The capacity index [supply] rose faster than the freight index [demand] for the seventh consecutive month and the twelfth time in the past fourteen months in March,” said
Class 8 truck orders fall in March
For the month of March, 37,700 new Classes 5-8 vehicle orders were booked, according to the latest preliminary numbers from ACT Research Co. Class 8 garnered 16,000 orders and for Classes 5-7, 21,700 orders were placed. “Medium-duty [MD] and heavy-duty [HD] demand, as mirrored by new order activity, remain on divergent paths that are tracking
ACT Research finds U.S. trailer orders and production up in March
Trailer net orders rose 26% month-over-month and 3.5% year-over-year according to ACT Research Co.’s most recent State of the Industry report. “Large fleets continue to drive the market, and low cancellations show that orders are firm,” said Frank Maly, ACT’s director of CV transportation analysis and research. “Trailer production was up 4% year-over-year. The industry continues to see a rebound
Class 8 used truck sales rebound
Used Class 8 truck metrics continued to be mixed in February, according to the latest release of the ACT Research Co.’s State of the Industry report. “February Class 8 used truck volumes appeared to be getting an early jump on spring, rising 6% year-over-year. This, however, translates to a 7% year-to-date contraction compared to the first
Class 8 orders down 42% year-over-year
Class 8 booked 18,078 net orders in February, down 42% year over year, while Classes 5-7 net orders were the highest since December 2014 at 22,316 units, according to ACT Research Co.‘s most recent State of the Industry report. “The commercial vehicle industry, primarily the heavy truck segment, continues to struggle with adjustments in response
Latest ACT Research report finds U.S. trailer orders down, inventory and build up
According to the most recent “State of the Industry: U.S. Trailers” published by ACT Research Co., U.S. trailer orders were down, inventory and build rates were up, and cancellations were inconsequential. “The front-loading of the fall/winter order season we’ve noted over the past few years continues to impact recent order levels; new and net orders
Class 8 demand down year-over-year; medium-duty sales slow but steady
For February, 39,500 Classes 5-8 vehicle orders were booked: Class 8 garnered 17,900 orders and Classes 5-7 totaled 21,600 orders booked, according to preliminary numbers from ACT Research Co. “Orders for commercial vehicles in February largely mirrored the ongoing U.S. economic narrative,” said Kenny Vieth, ACT’s president and senior analyst. “Healthy consumer-related indicators, such as disposable