Class 8 supply rises faster than demand for fifth straight month
The supply of Class 8 trucks continues to rise faster than demand for trucks according to ACT Research’s For-Hire Trucking Index from ACT Research Co. “The capacity index [supply] rose faster than the freight index [demand] for the class 8 supply and the eleventh time in the past thirteen months in January,” said Steve Tam,
Commercial vehicle demand weakens as Jan. orders stumble out of the gate
ACT Research Co. sounded off on January order numbers, noting that Class 5-8 booked a total of 36,400 vehicles. At 18,200 units in January, NA Class 8 net orders were down 48% against a tough January 2015 comparison. January volume was off 35% versus a better than expected December, making January’s orders the second lowest intake
Truck orders end 2015 on a high note
Class 8 booked 28,150 net new orders in December, while Classes 5-7 posted 22,450 net orders, according to the numbers from ACT Research Co.’s latest State of the Industry report. “The U.S. Class 8 sleeper tractor segment had its best production and sales year in history,” noted Steve Tam, ACT’s vice president for the commercial vehicle sector.
Sales of natural gas fueled heavy-duty trucks down in 2015
U.S. and Canadian natural gas (NG) Class 8 truck retail sales started 2015 with slow growth and are ending the year in the same fashion, according to a recent report from ACT Research. The “Natural Gas Quarterly” attributes this to the continuing decline of diesel prices, making the return on investment for adopting of natural
2015 was the best shipment year in history for the U.S. trailer industry
According to the latest numbers from ACT Research Co., 2015 was the trailer industry’s best shipment year in history, edging out the previous record set in 1999. “Despite trailer net orders in December falling 31% month-over-month and 38% year-over-year, the solid order season continues for this segment of the commercial vehicle industry,” said Frank Maly,
Class 8 supply rising faster than demand for fourth straight month
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 fourth consecutive month and the tenth time in the past twelve months in December,” said
Commercial vehicle demand ends the year on an upbeat note
For the month of December, 49,700 Classes 5-8 vehicle orders were booked, up 40% month over month, according to ACT Research Co.’s preliminary numbers. “December’s volume represented the strongest aggregate month for net orders since 50,900 orders were booked in February 2015,” said Kenny Vieth, ACT’s president and senior analyst. “Despite being up sequentially, orders
U.S. trailer orders rose significantly in November
According to the most recent State of the Industry report from ACT Research Co., trailer net orders in November gained 18% month-over-month (m/m) and 10% year-over-year (y/y). “It can be difficult to fully appreciate the strength of trailer orders in the past two years, with six of the industry’s top ten strongest order months having
Latest ACT report finds classes 5-7 market growing, class 8 segment weak
Class 8 booked 16,770 net new orders in November, while Classes 5-7 posted 18,850 net orders, according to the latest State of the Industry report from ACT Research Co. The report covers Classes 5 through 8 vehicles for the North American market. Kenny Vieth, ACT’s president and senior analyst, noted that lingering weakness in the industrial economy
Class 8 orders down in November
For the month of November, 35,300 Classes 5-8 vehicle orders were booked, down 26% from October and down 37% from November 2014’s outsized rate of order placements, according to ACT Research Co. Note that these numbers are preliminary. Actual numbers will be published in mid-November. At 16,600 units in November, North American Class 8 net orders were
Class 8 supply continues to rise faster 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 third consecutive month and the tenth time in the past twelve months in November,” said
October used truck sales fall month-over-month and year-over-year
Used Class 8 truck metrics continued to be mixed in October, according to the latest State of the Industry report from ACT Research Co. The report says that volumes shrank 3% month-over-month, despite longer term comparisons being stable, with volumes down a mere 1% year-over-year and the past nine months flat, relative to the same
