Trailer industry October orders at all-time high
October saw a record demand for the trailer industry with 47,810 net orders placed, according to the most recent State of the Industry report published by ACT Research Co. “October net orders were up more than 90% year over year,” said Frank Maly, director of commercial vehicle transportation analysis and research at ACT. “While high
Commercial vehicle demand strong in October
Medium- and heavy-duty Class 5-8 orders were placed at very healthy levels in October, with Class 8 nearly breaking the all-time record for the industry, said ACT Research Co. in its State of the Industry report. The report stated that total net orders for Class 8 were 45,978 units, up 76% year over year and
Second best month ever for Class 5-8 preliminary orders
ACT Research reported that demand for commercial vehicles was robust in October as 67,900 total North American Class 5-8 orders were booked, which was up 50% from a year ago. Over the past 12 months, North American Class 5-8 net orders have totaled 563,600 units, representing the strongest 12-month period of North America Class 5-8 order
Natural gas continues to grow, ACT Research reports
ACT Research has released the results of its updated research on U.S. natural gas transportation fuel trends in the heavy-duty truck market in its report entitled “NG Reality Check: Moving From Infancy to Adolescence.” The report, published in October 2014, provides forecasts, insights and supporting analysis on trends already taking place such as: NG engine
FTR reports strong market trends
In its latest issue of FTR‘s Trucking Update, FTR reported that its September Trucking Conditions Index (TCI) for September was 9.07—a positive reading that reflects strong underlying market trends. According to FTR, the TCI has moved up in the last couple of months, due to increased rate gains, and will remain in very positive but
IHS reports commercial vehicle demand is up
Demand for commercial vehicles in the U.S. and Canada continues to strengthen, though used commercial vehicle registrations still outnumber new registrations, according to Gary Meteer, director, commercial vehicle solutions for IHS Automotive. Business demand in U.S. and Canada led by specific regions, provinces According to IHS Automotive, the recovery in the commercial vehicle market in
Class 8 used truck volumes, prices rise in September
Total reported volumes of used Class 8 trucks rose 6% month over month and 4% year over year in September, according to the latest release of the State of the Industry: U.S. Class 3 to 8 Used Trucks, published by Act Research. “Year-to-date, sales remain down 4%,” said Steve Tam, Vice President-Commercial Vehicle Sector with
FTR reports no relief for August shippers conditions
FTR’s Shippers Conditions Index (SCI) for August, at a reading of -6.5, remains at a sustained low level reflective of persistent capacity shortages and rising rates. Costs to ship goods in the current freight environment are expected to remain elevated, said FTR. The firm also reported that truck rates have moved firmly upward with 4-plus
Trucking conditions stabilizing at high level
FTR’s Trucking Conditions Index (TCI) reports an increased reading of 9.10 for August, continuing an upward trend that reflects an uneasily tight capacity situation. As market tightness continues, rate and service spreads are increasing between “good” and “bad” freight, said the research firm. Added the company, carriers are experiencing demand levels for their services that
Healthy demand in September for Classes 5-8 orders
Demand for commercial vehicles remained healthy in September as 43,300 total North American Classes 5-8 orders were booked, up 21% from a year ago and basically unchanged since August, reports ACT Research. Over the past 12 months, North American Classes 5-8 net orders have totaled 540,000 units. That cumulative order volume represents the strongest 12-month period
FTR reports strong September for Class 8 orders
FTR has released preliminary data showing September 2014 North American Class 8 truck net orders at 24,477 units—the best September since 2005 and 27% above a year ago, said FTR. September marks the 20th consecutive month to show year-over-year improvement. Class 8 orders for the latest six month period through September annualize to 310,000 units. September
August Class 8 used trucks sales volume slows
Total reported volumes of used Class 8 trucks fell 10% month over month and 6% year over year in August, according to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research. “Year-to-date, sales remain down 5%,” said Steve Tam, vice president-commercial vehicle sector with ACT. Tam