August sees strong trailer orders
August saw a continuation of a strong order season for the trailer industry, according to the most recent State of the Industry: U.S. Trailers published by ACT Research Co. “Both new and net orders posted gains of 30% month over month in August,” said Frank Maly, director—CV transportation analysis and research at ACT. Maly said
Increasing transportation costs leads to drop in Shippers Condition Index
FTR’s Shippers Conditions Index (SCI) for July fell 1.3 points from the previous month to a reading of -7.8, reflecting tightening truck capacity and a strong upward move in contract pricing ahead of the fall shipping surge. According to the report, contract markets are beginning to show their first significant reaction to the driver shortage
Trucking industry’s operational costs on the rise
The American Transportation Research Institute (ATRI) released the findings of its 2014 update to An Analysis of the Operational Costs of Trucking. The research, which identifies trucking costs from 2008 through 2013 derived directly from fleets’ financial and operational data, provides motor carriers with an important high-level benchmarking tool and government agencies with real world
Conditions remained favorable for commercial vehicle demand
Class 8 orders continued in above-expectations mode in August. Total net orders were 25,363 units. Classes 5-7 net orders rose to a four-month high of 18,012. These results were published in the latest State of the Industry report, recently released by Act Research Co. The report covers Classes 5 through 8 vehicles for the North
Trailer orders remain strong in august
FTR, the Bloomington, Ind.-based leader in freight transportation forecasting, is reporting solid August net trailer orders at 23,135 units, a 27% increase from July and 45% above a year ago. According to data collected by FTR, orders were particularly strong in the refrigerated van, dry tank and dump trailer segments. FTR reports that much of
Natural gas reality check
ACT Research has released the results of its updated research on U.S. natural gas transportation fuel trends in the heavy-duty market. According to the research firm, the natural gas-powered vehicle market is moving from infancy to adolescence. The report details the impact of today’s trucker-favored market, in which focus is placed more on acquiring capacity
Report indicates extreme pressure on available capacity with accompanying rate hikes
FTR’s Trucking Conditions Index (TCI) reports an increased to a reading of 8.49 for July, one of the highest points this year. According to FTR, the high values reflect rising prices and service lapses caused by the current capacity crisis. The TCI could go even higher this fall if the economy accelerates as expected. Truck
Class 8 prelims atypically robust
Demand for commercial vehicles remained healthy in August as 43,100 total NA Classes 5-8 orders were booked, reports ACT Research. Over the course of the past 12 months, NA Classes 5-8 net orders have totaled 531,500 units, an improvement of 20%/90k units compared to the preceding 12-month period. “At 25,400 units, August marks the third
August Class 8 orders remain strong
FTR has released preliminary data showing August 2014 North American Class 8 truck net orders at 24,947 units, a year-over-year increase of 29%. FTR notes that Class 8 orders have now had 19 consecutive months with year-over-year increases. August orders, while helped somewhat by summer dealer incentive programs, were the strongest for the month since
Trailer net orders post healthy July
According to ACT Research, the start of the second half of the year continued to reflect the strength of the first six months with July net orders of 19,280 trailers, up 37% year over year. Year-to-date net orders of 179k are up 44% over the same period last year. “Although orders declined 12% month over
Heavy-duty, medium-duty orders stay strong in July
According to results published in the latest State of the Industry report by ACT Research Co., for the second month in a row, Class 8 orders surprised on the high side in July, with net orders of 30,103. Classes 5-7 net orders also posted a gain in July, coming in at 15,834 units. Concerning Class
Class preliminary 8 net orders strong
Demand for commercial vehicles remained at healthy levels in July as 45,400 total N.A. Classes 5-8 orders were booked, according to ACT Research. In the ten months since the start of stronger orders last October, N.A. Classes 5-8 net orders have been booked at an average of 45,200 units per month. Annualized, that represents a