FTR Trucking Conditions Index improves
FTR’s outlook is for gradual improvement, but TCI readings are forecast to remain negative through 2024.
ACT Research: Class 8 orders strong, particularly in Mexico
November Class 8 net orders, at 41,732 units, were up 28% year-over-year.
Equipment Leasing & Finance Foundation projects 2.2% expansion in equipment and software investment in 2024
The U.S. economy likely averted a recession in 2023 and appears to be on track for a “soft landing” in 2024.
Trailer orders drop significantly in November
Orders were down 38% month-over-month, and 45% versus November 2022.
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.
Mitsubishi HC Capital America shares potential trends for equipment finance industry in 2024
“We may be turning the corner in 2024.”
CVMC: Lower truck parts aftermarket sales predicted in the coming months
Commercial Motor Vehicle Consulting’s Parts Aftermarket Sales Leading Indicator fell for the eleventh consecutive month in October.
ATRI: Carriers experience excessive rates from predatory truck towing
ATRI’s report examines the causes and countermeasures of predatory heavy-duty towing
Class 8 orders show expected decline in October, FTR says
FTR’s numbers have Class 8 orders for October at 28,000 units.
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.
FTR Shippers Conditions Index shows positive readings in September as diesel prices fall
“Moving forward, it is likely that diesel prices will determine what the change in the index will be for the next few months.”
Equipment Leasing and Finance Association report shows business slowing year-over-year
Year-to-date, cumulative new business volume was up 0.7% compared to 2022.
