ACT Research suggests moderating 2024 trailer activity
Based on 2023-ending data, ACT research says 2024 “more about hoping and coping than full steam ahead” for trailer market
Used truck sales end 2023 with a strong showing
Significant increases for both month-to-month and year-to-year numbers.
December trailer orders significantly lower than last year
December’s preliminary net trailer orders increased nominally from November, according to ACT Research.
Class 8 truck orders fall in December
December preliminary North America Class 8 net orders were 26,500 units, falling by 15,000 units from November, ACT Research reports. “After a strong and upside-surprising November, Class 8 orders surprised in the opposite direction in 2023’s last report,” said Kenny Vieth, ACT’s president and senior analyst. “With the largest seasonal factor of the year, seasonal
ACT Research: Trailer industry concerns shift toward demand
ACT says that November orders, despite the lower numbers, continued to show relatively healthy bookings.
Used Class 8 values reach lowest point since 2021
Used Class 8 average retail sale prices fell 6% month-over-month in November.
ACT Research: Class 8 orders strong, particularly in Mexico
November Class 8 net orders, at 41,732 units, were up 28% year-over-year.
What recession? And what comes next?
ACT Research’s Kenny Vieth helps us make sense of this year’s trucking market and what could be coming down the road in 2024.
ACT Research: Used truck prices stabilize in October
The used Class 8 average retail sale price fell 1% month-over-month and 25% year-over-year.
Trailer orders remain strong, ACT reports
October net orders, at 35,300 units, were 26% higher year-over-year, and 4,000 units more than were booked in September.
ACT Research: For-Hire Demand Outlook remains soft this winter
Freight demand fundamentals are gradually improving, ACT says.
Used Class 8 truck prices fell slightly in September; auction prices rose
ACT Research expects lower prices through the end of 2023.
