ACT Research: upcoming emission regulations to benefit smaller engines
According to the recently released N.A. Commercial Vehicle On-Highway Engine Outlook, published by ACT Research and Rhein Associates, engines over 10L accounted for 87% of Class 8 production in 2019 because of the high demand for tractors in the peak-cycle year. Demand for under 10L engines, used mostly in trucks, was softer last year, the
FTR reports COVID-19 virus brings down February trailer orders 45% y/y
Trailers order activity for February felt the impact of the COVID-19 virus, FTR reports, sliding to a paltry 13,000 units, the lowest total for the month of February since the recession year of 2009. February 2020 trailer orders were down 20% m/m and 45% y/y. Trailer orders have now totaled 184,000 units for the past
The impact of coronavirus on the North American truck market
The global spread of the COVID-19 strain of the coronavirus has required ACT Research to do a foundational reassessment of near-term economic expectations, and by extension, North American commercial vehicle demand, the firm has shared. “Starting in the second half of February, COVID-19 went from a China containment story to one of spiraling pandemic,” said
Class 8 orders fall unexpectedly in February
According to the latest numbers from both ACT Research Co. and FTR, Class 8 truck orders fell in February, amid a difficult time for the U.S. stock market driven by fears about the ongoing COVID-19 disease outbreak. Both ACT and FTR have the preliminary number for North American Class 8 orders in February at 14,100
HD Repair Forum’s third annual conference is March 24-25
The HD Repair Forum has released the educational program and agenda for this year’s installment of the heavy-duty collision repair market event. The two-day event takes place March 24 and 25. Some of the topics shared by the event include: Frame, cab and trailer repair Advanced Driver Assistance Systems (ADAS), scanning and diagnostics Business strategy
‘The market is pausing to take a breather’—Class 8 orders down month-over-month
According to the latest preliminary numbers from FTR and ACT Research, January’s Class 8 orders were down somewhat compared to last month, but up compared to the previous January. FTR has preliminary North American Class 8 orders for January at 17,700 units, following a consistent trend over the last four months when orders have averaged
Truck orders stable in December
Orders averaged just under 20,000 units a month for the fourth quarter, basically right at replacement demand, and FTR expects them to stay in this range for the next few months.
ACT Research: 2020, 2021 truck market expectations tempered
According to ACT Research’s latest release of the North American Commercial Vehicle Outlook, expectations for the Class 8 and trailer production volumes have been trimmed for 2020, and expectations of recovery starting in 2021 have been tempered. Additionally, current order softness and excessive inventory building in the medium-duty sector contributed to forecast reductions in the next
Trailer orders down in November, ACT reports
Before accounting for cancellations, new orders of 21,100 trailers were off 43% month-over-month and 54% below last year.
FTR September Trucking Conditions Index reflects broadly weaker environment
FTR’s Trucking Conditions Index for September, at -2.94, was the lowest reading since May, reflecting a relatively weak environment for carriers.
Trailer orders surge in October, but still off 42% year-over-year
ACT Research Co.’s preliminary estimate for October indicates that trailer manufacturers booked 31,900 net orders to their orderboards last month, a 71% spike from September and the second straight month of sequential growth greater than 70%. Volume was 42% below last year, but slightly above the same month in 2017. Year-to-date, net orders are off 52% from the torrid pace of 2018.
CK Commercial Vehicle Research fleet survey indicates modest equipment purchases for 2020
The 2H 2019 Fleet Sentiment survey conducted in August and September by CK Commercial Vehicle Research (CKCVR) indicates that most fleets have modest equipment purchase plans for 2020.