Market Data Archives - Fleet Equipment Magazine
Overall new equipment business volume down slightly Y/Y

According to ELFA findings, total headcount for equipment finance companies was down 4.6% year-over-year.

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Growth rate of parts aftermarket sales continues to gradually decelerate

CMVC’s Parts Aftermarket Sales Leading Indicator signals slowing growth in commercial vehicle parts sales.

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U.S. trailer industry is committed nearly through 2023

Overall build rose 14% m/m due to three more build days in March as opposed to February.

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Steady rise of inventory impacts commercial truck sales

With new inventory levels only 46.3% of what they were in 2019, used vehicles continue to help fill the demand.

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Production of Class 5-8 trucks exceeded build plans in March as supply conditions slowly improve

Heavy- and medium-duty orders declined double digits Y/Y, according to ACT Research’s latest State of the Industry Report.

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The rebalancing of trucking capacity begins

Although the production of new equipment is still high, hiring and fleet exit patterns indicate that capacity is gradually decreasing.

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Used truck same dealer retail sales ballooned 23% M/M in March

Retail volumes, price, miles, and age fluctuate for trucks in March.

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Market trucking conditions decline in February due to rate, volume weakness

Industrial and consumer sectors are sluggish, but spending on goods is still elevated.

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Another Fed rate hike in 2023 could hamper carrier profits

Higher prices and borrowing costs are creating drags on economic activity, freight, and demand for commercial vehicles, according ACT Research.

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February used Class 8 truck sales were 8% lower M/M

According to ACT Research findings, Class 8 longer term, average price, age and volumes were lower, with miles higher y/y.

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U.S. trailer industry increases build rate in February

OEM conversations continue to suggest supply-chain constraints are likely to remain a limiting factor to production in 2023.

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Electric commercial vehicle market size to reach $558.4 billion, globally, by 2031

The global electric commercial vehicle market generated $43.5B in 2021 and is projected to reach $558.4B by 2031.

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