September truck orders fall slightly but remain strong
According to the numbers from both FTR and ACT Research, September truck orders took a slight step back from the record-setting pace of the summer, while remaining strong compared to past years. Preliminary North America Class 8 net order data show the industry booked 42,800 units in September, falling moderately after back-to-back record order months.
FTR announces new Intel-cast platform
The FTR team has announced the release of the Intermodal Dash powered by FTR’s new Intel•cast platform. The Intermodal Dash will become available for access beginning Oct. 1. The platform features web-based interactive features and marks a shift to a more technologically advanced system for utilizing transportation intelligence. “This really is us getting you information when you
August trailer orders continue to break records
In the wake of a record-setting July, trailer orders continued at unprecedented levels in August. According to FTR, August orders were 35,300, a 141% year-over-year gain from August 2018. Act Research reports that orders were 38,200 trailers, or 140% year-over-year. FTR says that fleets have continued to place 2019 orders ahead of schedule, which has
North American Class 8 orders continue at record levels in August
Class 8 truck orders in North America have continued at record rates in August, according to FTR and ACT Research. FTR reports that preliminary North American Class 8 orders for August hit another all-time high of 52,400 units, just surpassing last month’s total by 300 orders. Class 8 orders were again exceptionally strong in the
Used truck prices fell 1% in July; downward pricing pressure expected
The average price of total used Class 8 trucks in July was virtually flat, down 1%, on a month-over-month basis, but fared better when compared to July 2017, according to the numbers from ACT Research Co. The report also indicated used Class 8 same dealer sales volumes rose 12% year-over-year, while average mileage was unchanged
FTR Trucking Conditions Index for June reflects peak season capacity issues
FTR’s Trucking Conditions Index (TCI) for June, basically unchanged from May at a reading of 11.18, is a reflection of trucking capacity that remains very tight. Conditions for truckers are at their most favorable during this period and through July with capacity crunch at its peak. In the second half of the year, there will
Trailer orders hit record levels for July
According to the preliminary numbers from ACT Research Co. and FTR, July trailer orders set records for the month, hitting surprising levels in what is historically the weakest-performing month of the year. FTR has the number for July at 28,000 units, which the company called “surprising.” “This is a terrific order number for a month
July Class 8 truck orders were the highest ever recorded
After threatening the record number several times this year, Class 8 truck orders in July surpassed the highest number ever recorded for one month, according to both FTR and ACT Research Co.—this in what is typically a slow summer month for orders. FTR reports that preliminary North American Class 8 orders for July hit an all-time
ATRI releases updated Crash Predictor Model
The nonprofit American Transportation Research Institute (ATRI) has released an update for its Crash Predictor Model, which statistically quantifies the likelihood of future crash involvement based on specific truck driving behaviors (such as prior crashes, violations and convictions). ATRI’s analysis draws on data from over 435,000 U.S. truck drivers over a two-year time frame to
Used truck prices up 15% year-over-year in June; equipment supply remains tight
The average price of total used Class 8 trucks in June was flat on a month-over-month basis, but up 15%, when compared to June 2017, according to the numbers from ACT Research. The report also indicated used Class 8 same dealer sales volumes rose 13% year-over-year, while average mileage fell 1% and average age declined
Trailer orders slow in June
According to the latest preliminary numbers from both ACT Research Co. and FTR, trailer orders were down in June, in line with typical yearly trends. ACT found that while orders are still strong, June was the first time in 18 months that trailer orders have been down year-over-year. ACT has trailer orders numbers for June
Final June truck orders remain strong
According to ACT Research Co.’s final numbers, North American Class 8 net orders totaled 42,224 units in June, marking the fourth time in six months in which industry orders cracked 40,000 units. “North American Class 8 net orders continued to materially outpace the industry’s ability to sate demand, and June’s performance is more impressive in
