Class 8 truck orders at 30,600 units in December
According to ACT Research’s latest report, December Class 8 net orders were healthy, bringing total year-end ordering activity to 159,000.
US trailer orders end 2022 at near-record levels
December net US trailer orders 57,300, up 46% MoM and 115% YoY.
Spot market bottoming quickly as freight cycle shifts
ACT Research’s December Freight Forecast report shows signs of slowing supply and a transition from the late-cycle stage to the cycle-bottom phase for the US truckload market.
Class 8 truck sales top 309k in 2022
Truck orders continue to roll stronger last year as pent-up demand remains.
December used truck retail volumes reflect solid demand
Class 8 used truck retail volumes up 20% MoM, but 25% down YoY according to ACT Research.
Economic downturn could be less severe according to latest data
Data from ACT Research reports the potential for limited interest rate increases.
December Class 8 intake caps off a robust final four months
At 30,300 units, December Class 8 orders show a positive progression moving into the new year.
Used Class 8 retail sales dropped 19% in November
Longer term, average price and miles were higher y/y, with age up 7% y/y.
Amid loose market balance, carriers start tapping the brakes on capacity
Volumes softened to the lowest levels seen since March and April of 2020.
Chinese CV market demand maintained a sharp decline in Q3’22
Freight hauling and specialty trucks saw their market shares decrease.
November Class 8 truck orders slightly restrained, but still resilient
Class 8 truck builds exceed plans.
Preliminary November net trailer orders strong
Final November results were made available in December. This preliminary market estimate should be within +/-5% of the final order tally.
