Heavy-duty truck orders top 50,000 for fifth consecutive month
February was the fifth consecutive month in which Class 5-8 medium-duty and heavy-duty orders rose above 50,000 units, according to ACT Research Co. Preliminary Class 5-8 vehicle orders were booked at 51,400, up 6% compared to February 2014. While at their lowest level since September 2014, February’s order volume annualizes to a 616k AR (622k
Shippers conditions improve thanks to diesel pricing, HOS rules
FTR’s Shippers Conditions Index for December 2014 improved to a near neutral reading of -0.6, reflecting the rapid drop in diesel prices along with positive capacity impacts from reversal of some of the Hours of Service rules, according to the research firm. FTR expects the conditions for shippers to deteriorate in 2015, under the pressure
Equipment leasing and finance new business volume up year-over-year
The Equipment Leasing and Finance Association’s (ELFA) monthly leasing and finance index, which reports economic activity from 25 companies representing a cross section of the $903 billion equipment finance sector, reported its overall new business volume for January was $6.7 billion, up 12% from new business volume in January 2014. Volume was down 48% from
Trailer demand grows year-over-year
Trailer net orders in January, at 19,853 units, were down nearly 32% from December’s order volume, but rose 18% year over year, according to ACT Research Co. “Total trailer backlog is at its highest level in almost 20 years,” said Frank Maly, director of commercial vehicle transportation analysis and research at ACT. “Part of January’s
January commercial vehicle demand continues to show strength
ACT Research Co., in its latest State of the Industry report, stated that Class 8 net orders were 35,226 units in January and Class 5-7 posted 18,712 net orders. “January marked the fourth consecutive month in which orders were booked above a 400,000 unit seasonally adjusted annual rate (SAAR), the eighth consecutive month with orders
January trailer net orders similar year-over-over
January 2015 U.S. trailer net orders were 27,300, according to FTR’s reports, which is similar to the same month a year ago. FTR reported that the market returned to a more normal order rate after the “blazing pace of the past three months.” “The trailer market remains very vibrant. The van OEMs are finishing up
Class 8 orders remain strong in January
FTR has released preliminary data showing January 2015 North American Class 8 truck net orders at 35,060 units. While orders cooled from the torrid pace of Q4 2014, FTR said that this is the strongest activity for January since 2006, improving 2% year-over-year. According to the research firm, orders fell back into more traditional patterns
Trailer orders up year-over-year
Nearly 44,000 net orders were posted in December, the second strongest month on record for the trailer industry, according to the research published by ACT Research Co. For total year 2014, net orders were 359,000, up nearly 55% over 2013. “The industry orderboard has reached a level not seen in almost 20 years,” said Frank
Class 8 used truck volumes down in 2014, pricing up
Total reported volumes of used Class 8 trucks improved to 2,078 units in December, rising by 8% month over month, according to the latest release of the State of the Industry, published by ACT Research. “For total 2014, used Class 8 truck volumes were down 5%, and average miles decreased by 2%,” said Steve Tam,
December heavy-duty trailer orders at near record level
FTR reported that December U.S. trailer net orders were recorded at 45,500—the second highest month ever recorded. Trailer orders for 2014 totaled over 360,000, by far the best order year ever, according to the research firm. The company noted that dry van orders set an all-time record, as OEMs aggressively sought orders to book into
Strong commercial vehicle demand helped 2014 end on a high note
Class 8 orders topped 40,000 units for a third consecutive month in December at 44,060, and Class 5-7 orders reached their highest monthly volume since 2008 at 22,964 units, reported ACT Research Co. in its latest State of the Industry report. “For the year, 380,200 net orders were placed, up 42% from 2013, as Class
Class 5-8 demand ends year on a high
Demand for commercial vehicles was healthy in December, according to ACT Research. ACT’s preliminary numbers state that 65,700 total North America Class 5-8 orders were booked, up 41% from a year ago. Over the past 12 months, North American Class 5-8 net orders have totaled 602,300 units—an average of more than 50,000 orders per month.