Trailer orders remain strong, ACT reports
October net orders, at 35,300 units, were 26% higher year-over-year, and 4,000 units more than were booked in September.
FTR Trucking Conditions Index improves, but market remains tough for carriers
The outlook is for consistently negative readings for the TCI in 2024.
FTR: Trailer orders reach highest point of 2023
Orders were at their highest level since December 2022.
ACT Research: For-Hire Demand Outlook remains soft this winter
Freight demand fundamentals are gradually improving, ACT says.
Used Class 8 truck prices fell slightly in September; auction prices rose
ACT Research expects lower prices through the end of 2023.
Class 8 orders down but within expectations, according to FTR
FTR reports that Class 8 orders for October came in at 28,000 units.
Trailer industry sees positive year-over-year net order comparisons for the first time in 2023
ACT Research said that caution is still appropriate despite the good news these numbers bring.
Percentage of female techs increases
The 2023 WIT Index shows that more than 7% of technicians in companies in transportation are women, the association stated.
Work Truck Solutions: Demand, prices for trucks growing
Work Truck Solutions data shows growing demand for new work trucks and vans, with average prices reaching record highs.
FTR’s Trucking Conditions Index plunged deeper into negative territory in August
With fuel costs stabilizing for now, the outlook is for improved conditions, but FTR says that it does not expect the TCI to turn consistently positive until late 2024.
ACT Research: Weak freight fundamentals and declining demand warrant caution ahead
With the 2024 order season opening in September, the Class 8 backlog increased by 8,700 units from August to 161,300 units, and the backlog-to-build ratio increased to 5.5 months, according to the latest numbers from ACT Research. “Order season for 2024 kicks off with mixed conditions across the various Classes 5-8 vehicle end-markets,” said Kenny
September numbers show spike in trailer orders
ACT Research: “While this certainly is a welcome sign for the industry, one month of robust orders does not guarantee the full year.”
