According to ACT Research, October was a very positive month for new truck order placement, exceeding order trends of the past few months. When released mid-month, NA Classes 5-7 orders are expected at 18,600 units (±5%) and Class 8 orders are expected at 26,300 units (±5%). “The fourth quarter is historically the start of the […]
According to ACT Research, September was the second straight month where trailer industry net orders were above the 240k rate on a seasonally adjusted basis. Despite that strength, industry backlogs continue to be thin. This information was included in the most recent State of the Industry: U.S. Trailers published by ACT Research Co. (ACT). “October […]
According to ACT Research, used truck dealers continue to characterize business as “good” or even better than expected, although maybe not quite as strong as they had hoped. “The average selling price of total reported Class 8 trucks continues to hold up better than expected,” said Steve Tam, Vice President-Commercial Vehicle Sector with ACT. “For […]
After posting the second best order month in nearly 6 years in August, September’s Classes 5-7 vehicle orders returned to the prevailing order trend. When released mid-month, NA Classes 5-7 orders are expected at 16,500 units (±5%). Class 8 orders also rose compared to August and a year ago. When actual data is available mid-month, […]
The average selling price of total reported Class 8 used trucks continued to hold up better than expected in August, according to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research. “For the first seven months of this year, prices were down only 4% relative to […]
According to ACT Research, August saw Class 8 orders rise to their highest level in three months with a preliminary reading of 19,500 units (+20%y/y). The August seasonal factor is the third lowest in 2013. When applied, August’s seasonally adjusted Class 8 order total rises to 22,000 units. The August SA reading represents the third […]
