The latest release of ACT’s For-Hire Trucking Index indicated that September’s Productivity reading, a measure of industry utilization, advanced again sequentially, and marked the highest level reported since March 2011. “Seasonally adjusted, the productivity reading of 63 was up from 61.6 in August and the 57.3 year-to-date average,” noted Tim Denoyer, ACT Research’s Vice President […]
North American medium duty & heavy duty Classes 5-8 net orders improved to a three-month high in September, and hit a 27-month high when seasonally adjusted. Preliminary medium duty and heavy duty net orders were 43,500 units in September, up 27% year over year. Seasonally adjusted, orders rose 8.7% month over month to 46,500 units,” […]
Used Class 8 truck sale volumes increased in August, following two consecutive months of declines, according to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research. “Channel analysis indicates that August was the second best sales month this year,” said Steve Tam, Vice President at ACT […]
August ties March for the longest trailer OEM work schedule of the year. Capitalizing on the additional work days, a sequential increase in U.S. trailer build was expected in August. “The longer schedule gave OEMs a bit of operational breathing room,” said Frank Maly, Director–CV Transportation Analysis and Research at ACT Research. He continued, “Daily […]
ACT’s preliminary estimate for August net trailer orders is 15,600 units. “The strong order pace we’ve seen throughout this year eased a bit in August. While dry vans and reefers did post good numbers, those increases were a bit softer than seen in recent months,” said Frank Maly, ACT’s Director of CV Transportation Analysis and […]
Fifty-nine percent of August’s North American Class 8 orders are scheduled for build this year, and the fill rates are generally in line with historical averages. “Based on the build plans, Q4 was filled to 62% versus a historical fill rate of 69%,” said Tim Denoyer, ACT Research’s Vice President and Senior Analyst. He continued, […]
