Market Data Archives - Page 5 of 75 - Fleet Equipment Magazine
Used truck sales end 2023 with a strong showing

Significant increases for both month-to-month and year-to-year numbers.

December trailer orders significantly lower than last year

December’s preliminary net trailer orders increased nominally from November, according to ACT Research.

Class 8 truck orders fall in December

December preliminary North America Class 8 net orders were 26,500 units, falling by 15,000 units from November, ACT Research reports. “After a strong and upside-surprising November, Class 8 orders surprised in the opposite direction in 2023’s last report,” said Kenny Vieth, ACT’s president and senior analyst. “With the largest seasonal factor of the year, seasonal

FTR Shippers Conditions Index improves as diesel prices fall

The most significant improvement was reversal of the surge in diesel prices, FTR said.

FTR: Class 8 truck market ‘performing at a high level’

Class 8 preliminary net orders for December came in at 26,620 units.

Used Class 8 values reach lowest point since 2021

Used Class 8 average retail sale prices fell 6% month-over-month in November.

Flat demand, rising costs cloud commercial tire dealer outlook in 2024

After a decade of growth, the commercial tire market now faces a host of challenges, from supply chain disruptions to fluctuating raw material costs.

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.