New and net trailer orders climbed in October, driven both by Dry Vans and Reefers. Even with October’s rebound though, orders are still behind from last year by a wide margin, according ACT Research. A significant bias of fleet investment towards trailers lingered into October, with the ratio of net orders of trailers-to-tractors hitting its […]
Class 8 net orders continued to move sideways for the third consecutive month in October at 13,907 units. Seasonally adjusted, October’s orders were weak at 12,060 units. “The driving factor behind the weak net orders number was an unusually high level of cancellations booked in the month (8,610),” said Jim Meil, ACT Research Principal and […]
The ACT Research pricing index bounced to its highest reported number in the past twelve months in October, with a reading of 52.7. Twenty-five percent of respondents reported a modest increase, with 57% seeing no change in their revenue per mile. Purchase intentions jumped more than 10% for tractors in October, with 41% planning purchases […]
U.S. and Canadian natural gas Class 8 truck retail sales declined in the June to August period. Year-to-date sales through August continued to lose ground, falling 29% behind last year’s comparable level from a reading of 25% lower for year-to-date May, as reported last quarter. On the buying side, natural gas vehicle purchases continue to […]
New and net trailer orders significantly disappointed in September, conflicting with a seasonally-anticipated double-digit gain. Net orders posted were 12,993, marking the lowest volume since August 2010, according to ACT Research. “September’s weakness is further indication of fleet reticence toward equipment investment,” said Frank Maly, Director–CV Transportation Analysis and Research at ACT. Maly continued, “The […]
A preliminary estimate for U.S. net trailer orders for September 2016 is 12,950 units — quite a slide downwards. “Season patterns, which are based upon historical trends, indicated industry net order volume could push to a double-digit sequential gain in September. Our preliminary estimate shows a much weaker order pace, with net orders down approximately […]
