ACT Research ups 2024 Class 8 production and sales expectations
Looking at demand, activity, orders and backlogs, ACT Research expects an Class 8 production and sales to rise for the first time since last July.
ELFA data suggests strong start for new business volume in 2024
December’s new business volumes were up both year-over-year and month-over-month.
When will the 2027 diesel engine pre-buy start?
Volvo Trucks’s Magnus Koeck shares his prebuy thoughts, talks 2023 market share and provides a 2024 industry outlook.
ACT Research: For-Hire Trucking Index reflects recovering freight market
ACT Research says their survey data sows conditions are gradually moving in the right direction.
U.S. Bank Index sees largest-ever freight shipment volume drop
Year-over-year data shows Q4 2023 shipments were down 15.7%, while spending by shippers dropped 13.5%.
ACT Research: Used Class 8 value hits low last seen in 2021
Despite the drop in price, ACT Research vice president Steve Tam says 2023 sales volume increased considerably.
January leasing & finance confidence index shows slow, upward trend
At a rating of 48.6, this month’s index is the highest we’ve seen since September.
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
Trucking costs on the rise in face of a technological shift
A Noregon research paper dives into what’s driving the increase.
FTR Trucking Conditions Index improves slightly in November
Still in the negatives, the slight raise comes largely due to lower fuel costs.
New report: Commercial hydrogen fuel cell use expected to grow substantially
One prediction shows that the future for heavy-duty EVs belongs to hydrogen fuel cells, over batteries.
Business cycles, trucking economics and how it all impacts your fleet
Dr. Bob Dieli, economist, MacKay & Co., took to the HDAD to help us make sense of current market conditions.