Economy strong but moderating, ACT Research says
In the release of its Commercial Vehicle Dealer Digest, ACT Research noted that the overall economic picture remains largely unchanged, with growth moderating in 2019 from last year’s vigorous pace.
April trailer orders down from March, FTR and ACT Research report
FTR reports preliminary trailer orders for April 2019 remained subdued for the second consecutive month coming in at 13,200 units, which is 40% below the same month in 2018. ACT’s estimate for April 2019 net trailer orders is 14,500 units.
Fleet Sentiment survey shows lower truck demand in 2019
Responses to the latest CK Commercial Vehicle Research Fleet Sentiment survey reflects some softening in the trucking environment.
When it comes to investing in new trucks, listen to the data
We make a lot of decisions with our gut, but truck lifecycles are complicated, and the decision to invest in new trucks isn’t one that should be made based solely on how you feel about it.
Used truck prices fell in March, but are up year-to-date
The average price of total used Class 8 trucks in March was down 5% month-over-month, but remained 10% higher year-to-date, according to the latest data from ACT Research.
Trailer orders continue to drop in March
According to the latest reports from both ACT Research and FTR, trailer orders continued to fall in the month of March.
ACT Research data indicates stagnating freight growth
According to ACT Research, March’s Class 8 metrics generally aligned with expectations, with the exception of cancellations, which continued to trend lower.
ACT’s For-Hire Trucking Index supply-demand balance shows slight improvement in March
The latest release of ACT Research’s For-Hire Trucking Index showed an uptick in volume, pricing and productivity.
FTR Trucking Conditions Index continues fall towards neutral reading
FTR’s Trucking Conditions Index fell in February to a reading of 1.71.
March trailer orders lowest in nearly three years
Trailer orders in March were down, according to both ACT Research and FTR. ACT Research Co.’s preliminary estimate for March 2019 net trailer orders is 15,600 units. Net orders dropped 35% from February and were approximately 48% below a year ago. “Although current backlogs consume the majority of available build slots this year, particularly in
‘Extraordinary market conditions’—Class 8 orders drop again in March
According to the latest preliminary numbers from both ACT Research Co. and FTR, Class 8 orders dropped again in March as the trucking backlog continues. Preliminary North America Class 8 net order data show the industry booked 15,700 units in March, dropping a moderate 6.7% from February, but down 66% from year-ago March. “March marks
Used truck sales decline in February
Preliminary used Class 8 volumes (same dealer sales) declined moderately in February, falling 5% month-over-month and erasing a portion of January’s 10% improvement, according to the latest numbers from ACT Research. However, ACT indicated that longer-term comparisons yielded a 20% decline compared to February 2018. Other data released in ACT’s preliminary report included year-over-year comparisons