Market Data Archives - Fleet Equipment Magazine
FTR’s Shippers Conditions Index rises to 3.0 in April

The company predicts some rating deterioration in the months ahead, but doesn’t expect the SCI to dip into the negatives.

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Class 8 truck preliminary orders fall in June

While down both m/m and y/y, FTR said order levels are in line with historical averages and seasonal expectations.

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ACT Research notes significant drop in U.S. trailer orders for May

May net trailer orders fell about 46% y/y, while ytd net order activity is down 25% from the same period in 2023.

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Used Class 8 truck sales drop 1.5% amid weaker freight market

In addition to the slight drop in m/m sales, ACT noted a 15% drop in used Class 8 pricing, y/y.

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What to expect from the truck market in the second half of 2024

Truck orders have been solid so far in 2024, according to FTR, but what does the latter half of the year have in store?

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FTR: Trailer orders, production decreased in May

FTR’s numbers found a significant trailer order dropoff in May.

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Hydrogen ICE battling cost, infrastructure challenges

Interact Analysis says high fuel costs and a lack of infrastructure are H2 ICE barriers, but expects the market to largely expand by 2040.

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Class 8 used truck sales beat expectations with 7.4% jump in May

Based on a soft freight environment, flat freight rates and elevated borrowing costs, ACT Research was expecting to see a roughly 6% decline.

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‘We’re in a market correction,’ but there’s good news

At a press event held at its Customer Center in Dublin, Va. Volvo Trucks North America provided a trucking market update.

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FTR’s TCI up in April, remains negative overall

The TCI has not been positive in any month since early 2022 and likely will be mildly negative for the rest of the year.

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ACT Research expects high 2024 Class 8 truck inventory due to overcapacity

“The uptick in 2024 expectations into worsening conditions is a coin toss.” – Kenny Vieth, ACT Research president and senior analyst.

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ACT Research: Preliminary May Class 8 orders beat expectations

Early data shows Class 8 orders climbed considerably both m/m and y/y, but ACT it’s a slightly different story for Classes 5-7.

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