The used truck conundrum
How long are you keeping your trucks? Are you looking for used trucks and having a hard time finding them? If so, you’re not alone. Fleet Advantage recently conducted a survey designed to take the pulse of truck fleet managers on topics that included equipment acquisition and disposition. The survey produced puzzling outcomes. While 70%
Preliminary October truck order numbers lower than last year
For the month of October, 47,200 Classes 5-8 vehicle orders were booked, up 14% from September but down 30% compared to the robust net orders in October 2014, according to ACT Research Co.
The sky isn’t falling if truck sales decrease
As the end of the year approaches, the trucking industry remains strong. 2015 has generally been slightly lower order-wise than 2014 was, and unless this fall matches the historic boom we saw last year, it will end up as a down year. Despite that, it has still been a respectable year on the whole. Reports
ACT Research releases September ‘State of the Industry’ report
Used Class 8 truck metrics were mixed in September, with same dealer sales inching closer to the six-month moving average, according to ACT Research. Volumes gained 8% month-over-month, but were up just 1% year-over-year, while average mileage remained flat month-over-month, dropping 8% year-over-year. The average age of U.S. Class 8 used trucks climbed to 93
Class 8 orders flat, Classes 5-7 rise in September
Class 8 booked 19,400 net new orders in September, while Classes 5-7 posted 22,000 net orders. These results were published in the latest State of the Industry report, recently released by 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
How will GHG Phase II affect truck orders?
The U.S. Environmental Protection Agency (EPA) and the National Highway Traffic Safety Administration (NHTSA) announced a joint standard in June of this year for fuel economy and greenhouse gas—the Phase II Greenhouse Gas (GHG) standards. The incoming standards will cover trucks from model year 2019 to 2027 and will have far-reaching effects in all phases
Class 8 truck supply rising 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., as seen in the graphic above. “The capacity index [supply] rose faster than the freight index [demand] for the 8th time in 10 months in September,” said Kenny
Class 8 truck sales ticked up while Classes 5-7 take a hit
For the month of September, 40,700 Classes 5-8 vehicle orders were booked, up 7% from August but down 8% compared to September 2014, according to the latest numbers from ACT Research. “The year-over-year decline marked the sixth consecutive negative reading for Classes 5-8 orders,” said Kenny Vieth, ACT’s president and senior analyst. “While we continue to
ACT Research releases its latest State of the Industry report
According to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research, used Class 8 truck metrics were generally in line on a year-to-date basis, but all except volumes fell slightly when compared month-over-month and year-over-year. Volumes lost 7% month-over-month, but were up 2% year-over-year, while average mileage
Trailer orders rise month-over-month
Trailer net orders in August, at more than 24,500 units, rose nearly 21% from July’s pace, but eased 0.4% on a year-over-year basis, according to the most recent State of the Industry: U.S. Trailers published by ACT Research Co. “The industry has seen a pull-forward of the fall/winter order season over the past couple years,
Class 5-7 truck orders rise in August while Class 8 orders fall
Class 8 booked nearly 20,200 net new orders in August, while Classes 5-7 posted almost 17,900 net orders. These results were published in the latest State of the Industry report, recently released by ACT Research Co. (ACT). The report covers Classes 5 through 8 vehicles for the North American market. Kenny Vieth, ACT’s President and
Fifth straight month of declining Class 5-8 net truck orders
For the month of August, 37,200 Classes 5-8 vehicle orders were booked, down 8% from July and down 14% compared to August 2014, according to ACT Research. (Note: these numbers are preliminary. Actual numbers will be published in mid-September). “The year-over-year decline marked the fifth consecutive negative reading for Classes 5-8 orders,” said Kenny Vieth,