Although the growth rate of preliminary Class 8 same dealer sales volumes slowed in March, it showed no signs of letting up (+3.7 percent), according to the latest preliminary release of the State of the Industry: U.S. Classes 3-8 Used Trucks... Read Story

Every day, Transport Enterprise Leasing (TEL) works to help independent owner-operators, commercial truck fleets and other customers succeed in the transportation business. Now the company has joined the American Trucking Associations (ATA) to expand... Read Story

Fleet Advantage announced Wesley Hall, CTP, has been promoted to Fleet Director of Operations and Off Lease; Ysis Jackson has been promoted to Remarketing Operations Manager; and Shayna Sweet has been promoted to Manager of Dealer Services and... Read Story

Since inception 10 years ago, this successful Minority- Woman-Owned Business (MWOB) has focused on providing solutions such as port drayage, rail drayage, and warehousing services. Experiencing continuous growth, they now service all major ports and... Read Story

March preliminary North America Class 8 net orders were 17,300 units, down 10,400 units from February and 18.7 percent from a year ago. Complete industry data for March, including final order numbers, will be published by ACT Research in... Read Story

According to the latest State of the Industry: U.S. Classes 3-8 Used Trucks by ACT Research, the used Class 8 average retail sale price improved 4.4 percent m/m to $62,100 in February.“On a year-over-year basis, used retail prices were 14 percent... Read Story

Weak freight rates continue to reduce carriers’ willingness to invest in equipment. February net orders, at 20,500 units were nearly 21 percent lower year/year, but 6.6k units above January’s intake, according to this month’s issue of ACT Research’s... Read Story

Final February Class 8 net orders, at 27,745 units were up 16 percent year/year. Total Classes 5-7 orders were up 8.6 percent y/y at 19,127 units, as published in ACT Research’s latest State of the Industry: NA Classes 5-8 report.“Given ongoing weak... Read Story

American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index increased 4.3 percent in February after decreasing 3.2 percent in January. In February, the index equaled 116.0 (2015=100) compared with 111.3 in January.“After... Read Story

February’s preliminary net trailer orders increased nominally from January to February. At 20,500 units, orders were lower compared to last February, down nearly 21 percent y/y. As we’re at the end of peak order season, seasonal adjustment (SA)... Read Story

Preliminary Class 8 same dealer used truck retail sales volumes increased 15% m/m in February, according to the latest preliminary release of the State of the Industry: U.S. Classes 3-8 Used Trucks published by ACT Research.According to Steve Tam... Read Story

January preliminary North America Class 8 net orders were 27,700 units, up 600 units from January and 16 percent from a year ago.“Weak freight and carrier profitability fundamentals, and large carriers guiding to lower CAPEX in 2024, would imply... Read Story

Fleet Advantage announced a new collaboration with FleetNet America. The new relationship complements Fleet Advantage’s already robust asset management solutions, with the ability to facilitate reliable fleet maintenance service offerings to... Read Story

While trucking demand remains soft overall, rising imports and intermodal trends are key leading indicators of a recovery in trucking this year, according to the latest release of the Freight Forecast, U.S. Rate and Volume OUTLOOK report. Recovering... Read Story

ACT Research’s semi-annual seminar in February hosted industry leaders such as Bill Kretsinger, Chairman and CEO at American Central Transport, Joe Vitiritto, President and CEO at PAM Transport, and Marshall Franklin, CEO and CFO at Highway Transport... Read Story

Weak freight rates continue to reduce carriers’ willingness to invest in equipment, resulting in low trailer orders and high cancellations in January, according to this month’s issue of ACT Research’s State of the Industry: U.S. Trailers... Read Story

American Trucking Associations' advanced seasonally adjusted For-Hire Truck Tonnage Index decreased 3.5 percent in January after increasing 1.2 percent in December. In January, the index equaled 111.0 (2015=100) compared with 115.0 in December.ATA... Read Story

Final January Class 8 net orders, at 27,125 units, were up 45 percent year over year (y/y). Total Classes 5-7 orders were up 14 percent y/y at 19,954 units, as published in ACT Research’s latest State of the Industry: NA Classes 5-8 report.“US Class... Read Story

January’s preliminary net trailer orders decreased nominally from December to January. At 13,700 units, orders were lower compared to last January, down nearly 43 percent year over year. As we’re still in peak order season, seasonal adjustment (SA)... Read Story

Preliminary Class 8 same dealer used truck retail sales volumes accelerated 17 percent month over month (m/m) in January, according to the latest preliminary release of the State of the Industry: U.S. Classes 3-8 Used Trucks published by ACT Research... Read Story

American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index increased 2.1 percent in December after falling 1.4 percent in November. In December, the index equaled 115.7 (2015=100) compared with 113.3 in November.While... Read Story

January preliminary North America Class 8 net orders were 27,000 units, up 600 units from December and 45 percent from a year ago. Complete industry data for January, including final order numbers, will be published by ACT Research in... Read Story

The U.S. truck freight market ended 2023 with further declines in both shipment volume and spending, according to the latest U.S. Bank Freight Payment Index. Compared to the same period in 2022, fourth quarter shipment volume was down 15.7 percent... Read Story

According to the latest State of the Industry: U.S. Classes 3-8 Used Trucks by ACT Research, the used Class 8 average retail sale price dropped 2.6 percent month/month to $58,000 in December. Retail prices last saw that level in April 2021.“On a year... Read Story

he latest release of ACT Research’s For-Hire Trucking Index reflects the gradually recovering freight market.The Supply-Demand Balance tightened by 2.2 points in December to 54.2, seasonally adjusted, from 52.0 in November.Tim Denoyer, Vice President... Read Story

With freight markets continuing their bounce along the bottom, carrier profits at a low ebb, and pent-up demand exhausted, the 2024 game plan is more about hoping and coping than full steam ahead for the trailer market, according to this month’s... Read Story

U.S. freight cycle fundamentals will improve in 2024, according to the latest release of the Freight Forecast, U.S. Rate and Volume OUTLOOK report. Freight demand is below trend, but starting to recover, as post-pandemic effects fade, both real... Read Story

The convergence of continued strong build rates, a fading U.S. tractor sales trend, and early in the year sales seasonality risk a Class 8 inventory surge in Q1. ACT Research points out some of that dynamic can already be seen with more inventory... Read Story

Garrington Capital closed a $1.2 million senior secured term loan to the U.S. subsidiary of a multi-national manufacturer of spare parts for heavy-duty commercial vehicles. The loan helped the borrower complete the build-out of new warehouses in the... Read Story

November’s preliminary net trailer orders decreased nominally from October to November. At 20,900 units, orders were lower compared to last November, down 47 percent y/y. As we’re still in the peak order season, seasonal adjustment (SA) lowers... Read Story

According to the latest State of the Industry: U.S. Classes 3-8 Used Trucks by ACT Research, the used Class 8 average retail sale price fell 6 percent month/month to $59,300 in November, marking the first month of a sub-$60,000 price since April 2021... Read Story

Peak order season opened in September, and although net orders in November continued to show relatively healthy bookings, they were softer than the previous two months. Unlike the last few years with challenges solidly on the supply-side of the... Read Story

The surprising strength in the economy in 2023 may provide less ballast for freight in 2024, but supply contraction should propel the cycle forward in 2024, even if the broad economy slows, according to the latest release of the Freight Forecast, U.S... Read Story

American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index decreased 1 percent in November after increasing 0.8 percent in October. In November, the index equaled 113.7 (2015=100) compared with 114.9 in October.... Read Story

Final November Class 8 net orders, at 41,732 units, were up 28 percent year over year, with tractor orders up 20 percent and vocational equipment orders up 60 percent on ongoing pent-up demand, as published in ACT Research’s latest State of the... Read Story

Preliminary Class 8 same dealer used truck retail sales volumes slipped in November (-2.5 percent month/month), a little more than normal seasonality would suggest, according to the latest preliminary release of the State of the Industry: U.S.... Read Story

Even as we leave the forecast unchanged this month while witnessing continued positive order activity relative to our forecast, we caution that the freight market fundamentals that inform on the largest single Class 8 market, U.S. for-hire truckload... Read Story

The used heavy-duty truck and semitrailer markets have undergone a correction in 2023 in response to the extreme supply-demand imbalance that emerged in 2022. According to new market reports from Sandhills Global, inventory levels of used heavy-duty... Read Story

November preliminary NA Class 8 net orders were 41,700 units, rising by 9,000 units from both October and year-ago November. Complete industry data for November, including final order numbers, will be published by ACT Research in... Read Story

Corcentric, a leading global provider of best-in-class procurement and finance solutions, announced a partnership with Riteload, a freight matching platform for the trucking industry, to provide Managed Payments services for carriers and... Read Story

According to the latest State of the Industry: U.S. Classes 3-8 Used Trucks by ACT Research, the used Class 8 average retail sale price fell 1 percent m/m and 25 percent y/y to $62,900 in October.“The past three months’ less-than-expected declines... Read Story

Peak order season opened in September, and October net orders continued to show strong bookings. However, cancellations in some segments remain elevated, despite healthy backlogs. On balance, two solid months of orders are not enough for us to say... Read Story

American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index increased 1.1 percent in October after declining 1.1 percent in September. In October, the index equaled 115.2 (2015=100) compared with 113.9 in... Read Story

Expectations are for freight markets to continue bouncing along the bottom in the near term, with some holiday volatility and a change in trajectory on the way next year, according to the latest release of the Freight Forecast, U.S. Rate and Volume... Read Story

While strong relative to freight market conditions, Class 8 orders were down 24 percent y/y in October, as published in ACT Research’s latest State of the Industry: NA Classes 5-8 report.According to Kenny Vieth, ACT’s President and Senior Analyst... Read Story

October’s preliminary net trailer orders increased nominally from September to October, at 35,300 units, but were lower compared to last October, down more than 26 percent Y/Y. As we’re still in the opening of peak order season, seasonal adjustment... Read Story

Utica Equipment Finance extended a capital lease of $3,500,000 to facilitate the purchase of a trucking firm located in Virginia, specializing in regional bulk materials transportation. The customer successfully executed this deal by capitalizing on... Read Story

The American Trucking Associations released new projections showing truck tonnage will grow to 14.2 billion tons by the year 2034, securing the industry's position as the dominant mover of goods in the United States."In this edition of Forecast, you... Read Story

Velocity Truck Centers (VTC) announced the company has further expanded into Canada with the acquisition of First Truck Centre (First Truck). The acquisition of First Truck, with 12 locations in British Columbia and Alberta, Canada, adds the largest... Read Story

October preliminary NA Class 8 net orders were 31,900 units, remaining at above-trend levels nominally and seasonally. Complete industry data for October, including final order numbers, will be published by ACT Research in mid-November.“A strong... Read Story

During the third quarter, the amount spent to ship goods via truck freight was down 12.5 percent compared to a year prior while the volume of shipments was off 9.7 percent, according to the U.S. Bank Freight Payment Index. Spending fell 4.2 percent... Read Story

After a long downturn, freight demand fundamentals are gradually improving as pandemic substitution effects fade, destocking plays out, and real incomes improve, according to the latest release of the Freight Forecast, U.S. Rate and Volume OUTLOOK... Read Story

According to the latest State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research, used Class 8 average retail sale price fell 1 percent month over month and 25 percent year over year to $63,900 in September.“A second month of... Read Story

The latest release of ACT Research's For-Hire Trucking Index shows continued improvement in freight volumes, pricing and driver availability.The Volume Index fell 4.9 points in September to 49.5 seasonally adjusted (SA), from 54.4 in August. While... Read Story

For the past three months, we have written about dark clouds on the trailer market horizon. September opens the peak order season, and while it is tempting to say, “here comes the sun,” we would be remiss if we didn’t note that a) one month’s data... Read Story

American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index decreased 1.1 percent in September after rising 0.2 percent in August. In September, the index equaled 113.9 compared with 115.2 in August.“After hitting a... Read Story

With the 2024 order season opening in September, the Class 8 backlog increased by 8,700 units from August to 161,300 units, and the backlog-to-build ratio increased to 5.5 months, as published in ACT Research’s latest State of the Industry: NA... Read Story

Preliminary Class 8 same dealer used truck retail sales volumes suggest buyers tightened their belts in September, down 5 percent month/month, according to the latest preliminary release of the State of the Industry: U.S. Classes 3-8 Used Trucks... Read Story

As published in the latest release of the North American Commercial Vehicle OUTLOOK, expectations for Class 8 and trailers are lowered as the recovery in freight markets remains elusive.“Within the broader Class 8 and trailer markets, US Class 8... Read Story

Navistar Financial relaunched retail capabilities to serve International truck and IC Bus customers. A captive financial services provider for Navistar, Inc., Navistar Financial provides customers with tailor-made, competitive loan and lease... Read Story

September preliminary NA Class 8 net orders were 36,800 units, up 67% m/m, reflecting the strongest order month in the past year. Classes 5-7 net orders were more trend-like, rising 13% m/m to 23,100 units. Complete industry data for September... Read Story

According to the latest State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research, used Class 8 retail sales rebounded strongly, as expected, from July’s misstep, advancing 12% m/m in August. Average mileage decreased 1%, while... Read Story

Penske Truck Leasing opened a new, state-of-the-art facility in Channahon, Illinois. At this location, Penske offers consumer and commercial truck rental, full-service truck leasing and contract truck fleet maintenance. It is also outfitted with the... Read Story

The latest release of ACT’s For-Hire Trucking Index suggests an approaching turning point in the freight cycle, but perhaps not as quickly as for-hire fleets would prefer.ACT For-Hire Trucking Index Supply-Demand Balance August 2023The Supply-Demand... Read Story

American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index increased 0.2% in August after rising 1.1% in July. “The evidence is growing that tonnage hit bottom in April and continues its slow climb upwards,” said... Read Story

August’s preliminary net trailer orders increased sequentially, to 11,500 units, but were lower against longer-term comparisons. As one of the weakest order months of the year, seasonal adjustment (SA) boosts August’s SA tally to 14,700 units. Final... Read Story

Star Leasing Company, a provider of trailer leasing and maintenance services and a portfolio company of I Squared Capital, announced it has signed an agreement to combine with Commercial Trailer Leasing (CTL), a full-service trailer lessor with a... Read Story

According to the latest State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research, used Class 8 retail sales faltered for the first time in three months in July, declining 7.8 percent month over month. Average mileage decreased 2... Read Story

American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index decreased 0.8 percent in July after falling 0.3 percent in June. In July, the index equaled 112.9 compared with 113.8 in June.“Headwinds for freight... Read Story

The rebalancing process in the U.S. freight market is being drawn out by reluctance to part with workers and significant private fleet capacity expansion, even as pressure on fleets worsened this month as diesel prices spiked, according to the latest... Read Story

Following on the heels of rising economic expectations, ACT Research’s forecasts for Classes 5-7, Class 8 and trailer output in 2023 and 2024 move higher again this month, as published in the latest release of the North American Commercial Vehicle... Read Story

Clouds on the trailer-market horizon bear watching, while simultaneously recognizing this is the seasonally weakest time of the year for forward-looking metrics, according to this month’s issue of ACT Research’s State of the Industry: U.S. Trailers... Read Story

American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index rose 2.1 percent in June after increasing 1.2 percent in May. In June, the index equaled 116.5 (2015=100) compared with 114.1 in May.“While the tonnage... Read Story

According to the latest release of the Freight Forecast: U.S. Rate and Volume OUTLOOK report, driver capacity models suggest the record declines in freight rates should be pushing out more jobs, generating the kind of creative destruction needed to... Read Story

Preliminary NA Class 8 net orders remained seasonally soft (as expected) in June with 16,200 units, up 5 percent year over year (y/y) and 4 percent month over month (m/m), while preliminary Classes 5-7 rose a modest 2 percent y/y with 17,700 units... Read Story

Transport Enterprise Leasing (TEL) unveiled a new 56,000-square-foot, state-of-the-art fleet maintenance and reconditioning facility in Greenfield, IN, off I-70 in the East Indianapolis metro area. The facility can handle more than 130 tractors and... Read Story

According to the latest State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research, used Class 8 retail volumes (same dealer sales) improved by 12 percent month over month (m/m) in May. Average mileage was flat, with average price... Read Story

While the sky still isn’t falling, there certainly are more ominous clouds on the horizon that bear watching closely moving forward, one being a significant uptick in trailer cancellations for a second consecutive month, according to this month’s... Read Story

Freight volumes, rates and supply-demand balance see positive progress in May, according to the latest release of ACT Research’s For-Hire Trucking Index.The Trucking Volume Index jumped in May to 49.4 (SA) from 37.7 in April, as destocking began to... Read Story

American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index rose 2.4 percent in May after decreasing 1.7 percent in April. In May, the index equaled 115.4 (2015=100) compared with 112.7 in April.“Tonnage had a nice... Read Story

The most notable data points this month were heavy duty and medium duty retail sales, each up double digits year over year (y/y). Heavy duty cancellations moderated month over month (m/m) and backlog continues to trend lower, but units scheduled for... Read Story

Class 8 forecasts, as published in the latest release of the North American Commercial Vehicle OUTLOOK, are for slight year-over-year increases in retail sales and production volumes in 2023, reflecting stronger momentum into Q3. ACT Research... Read Story

Preliminary NA Class 8 net orders bounced back in May with 15,500 units, up 10 percent y/y (+29 percent m/m), while preliminary Classes 5-7 surged 27 percent y/y with 19,000 units (+3 percent m/m). Complete industry data for May, including final... Read Story

According to the latest State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research, used Class 8 retail volumes (same dealer sales) declined 23 percent month over month in April. Average mileage declined by 1 percent, with average... Read Story

Freight volumes, rates, and capacity continued their decline in April, according to the latest release of ACT’s For-Hire Trucking Index.The Trucking Volume Index weakened further in April, at 37.6 versus 44.6 in March. Destocking contributed to the... Read Story

According to this quarter’s issue of ACT Research’s Trailer Components & Raw Materials Forecast, OEMs are reporting that their orderboards for 2023 are fully open, with most booked through the end of the year (a few with spots still available in Q4)... Read Story

American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index fell 1.7 percent in April after decreasing 2.8 percent in March. In April, the index equaled 112.7 (2015=100) compared with 114.7 in March.“While the... Read Story

During the past six months, trailer manufacturers and major suppliers have largely indicated stable business conditions as compared to each prior month. Responses for May, relative to April, were in line with this trend. That said, this month’s... Read Story

Given the relatively weak environment for orders, combined with a fairly healthy supply chain, Class 8 backlog should be on a downward trajectory until 2024 orderboards open. April was no exception, with backlog down 15.1K units month over month to... Read Story

April’s preliminary net trailer orders decreased sequentially, and were lower against longer-term comparisons, with 10,000 units (11,900 seasonally adjusted) projected to have been booked during the month. Final April results will be available later... Read Story

Class 8 demand to this point has remained relatively resilient, but ACT Research sees clear softening in big fleet profitability and other ancillary metrics. Expectations, as published in the latest release of the North American Commercial Vehicle... Read Story

Penske Truck Leasing has opened a state-of-the-art facility in Pasco, WA. At this location, Penske offers consumer and commercial truck rentals, full-service truck leasing and contract truck fleet maintenance services. It is also outfitted with the... Read Story

More than 100 Corcentric customer and supplier representatives from North America and Canada gathered at the Westin Poinsett in Greenville, SC, for the company’s two-day 2023 Corcentric Fleet Solutions Conference in April. The event, previously known... Read Story

Preliminary NA Class 8 net orders in April were 11,600 units, down 27 percent year over year (-39 percent month over month, while preliminary Classes 5-7 net orders were 18,000 units, down 10 percent Y/Y (-6 percent M/M).Complete industry data for... Read Story

The volume of freight shipments moved via truck declined in the first quarter of 2023 by 6.1 percent year-over-year, according to the latest U.S. Bank Freight Payment Index.This was the fourth quarter in a row where volume has contracted on an annual... Read Story

Freight volumes improved, but remained weak, in March, and rates declined further, according to the latest release of ACT Research’s For-Hire Trucking Index.The Trucking Volume Index declined by less in March, at 45.3 (SA) versus 43.1 in February.... Read Story

According to the latest State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research, used Class 8 retail volumes (same dealer sales) jumped 18 percent month over month in March. Average mileage declined by 5 percent, with average... Read Story

Trailer OEMs and major component suppliers continue to indicate strong demand and lingering supply-chain constraints. Despite OEMs expanding availability, 2023 is not yet fully open across the industry, partially because manufacturers continue to... Read Story

American Trucking Associations' advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index fell 5.4 percent in March after increasing 0.9 percent in February. In March, the index equaled 111.6 (2015=100) compared with 118 in February."After... Read Story

March’s preliminary net trailer orders decreased sequentially, and were lower against longer-term comparisons, with 16,800 units (16,300 SA) projected to have been booked during the month. Final March results will be available later this month. This... Read Story

Trucking industry demand was quite healthy in March, despite the turmoil experienced in the banking sector and another interest rate increase. Pent-up demand remains resilient, and cancellations continue at miniscule levels for both heavy duty (HD)... Read Story

Freight demand is likely to be soft for some time, but nascent capacity removal will be key to rebalancing. ACT Research points to slower declines and wider spreads between specialized and dry van rates this year and note that a lot of rebalancing... Read Story

Penske Truck Leasing has opened a state-of-the-art facility in Huntsville, AL. It provides service to both the Madison and Huntsville markets.At this location, Penske offers consumer and commercial truck rental, full-service truck leasing and... Read Story

Class 8 net orders in March were 19,200 units, down 10 percent year over year (-19 percent month over month), while NA Classes 5-7 net orders were 18,600 units. Complete industry data for March, including final order numbers, will be published by ACT... Read Story

According to the latest State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research, used Class 8 retail volumes (same dealer sales) were 8 percent lower month over month in February. Average mileage was unchanged, with average... Read Story

Reflecting a higher build rate, the backlog-to-build ratio contracted to 8.5 months in February, after closing January at 9.9 months. For context, the average since Q3 2021 has been in the 8-month neighborhood, according to this month’s issue of ACT... Read Story

Freight volumes and rates declined in February, but we’re closer to the end than the start of this freight downcycle. Rate trends should begin to recover as soon as traction on freight volumes is established, and slower capacity growth this month is... Read Story

The mild freight downturn is likely to persist as banking crises fray nerves and the retail destock progresses, and restocking is unlikely for a while. The truckload spot market is bottoming as labor capacity slows, according to the latest release of... Read Story

According to ACT Research’s latest State of the Industry: NA Classes 5-8 report, February heavy-duty and medium-duty production relative to build plan each fell short. The Class 8 build rate in February was 1,277 units per day (UPD), up 13.9 percent... Read Story

February’s preliminary net trailer orders increased sequentially, but were lower against longer-term comparisons, with 25,800 units (25,600 SA) projected to have been booked during the month. Final February results will be available later this... Read Story

Preliminary Class 8 same dealer used truck retail sales volume managed a small gain, rising 2 percent month over month in February. The small improvement paled in comparison to the 233 percent sequential increase in auctions sales and a 55 percent... Read Story

Ryder System, Inc., a company in supply chain, dedicated transportation and fleet management solutions, announced two leaders at Ryder are being recognized as part of the “Top Women to Watch in Transportation” list in 2023 by the Women in Trucking... Read Story

ACT Research and Rhein Associates recently released N.A. Commercial Vehicle On-Highway Engine OUTLOOK.Regarding legislation, Andrew Wrobel, Senior Powertrain Analyst at Rhein Associates, said, “The California Air Resources Board (CARB) approved a... Read Story

Preliminary NA Class 8 net orders in February were 23,600 units, up 13 percent year over year (+27 percent month over month), while NA Classes 5-7 net orders were 17,500 units. Complete industry data for February, including final order numbers, will... Read Story

Reflecting a lower build rate, January’s backlog-to-build ratio (BL/BU) increased to 9.9 months, after averaging ~8 months since August of 2021, according to ACT Research. That said, the BL/BU for total trailers decreased to 8.1 months when... Read Story

American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index rose 0.7 percent in January after increasing 1 percent in December. In January, the index equaled 117.1 (2015=100) compared with 116.2 in December.ATA... Read Story

According to ACT Research’s latest State of the Industry: NA Classes 5-8 report, January heavy-duty (HD) orders were relatively weak, but it remains to be seen whether this represented a pause after robust year-end orders, or the beginning of a more... Read Story

Preliminary used Class 8 retail volumes (same dealer sales) increased 24 percent month-over-month and were just 2 percent higher compared to January of 2022, according to the latest preliminary release of the State of the Industry: U.S. Classes 3-8... Read Story

The latest release of the ACT Freight Forecast, U.S. Rate and Volume OUTLOOK reported truckload spot rates, insights on the upcoming CVSA Road Check, and freight cycle bottoming.Tim Denoyer, ACT Research’s Vice President and Senior Analyst, said... Read Story

Preliminary net trailer orders dipped in January, with 24,200 units (22,000 SA) projected to have been booked during the month. Final January results will be available later this month. “We expected net orders to slow in January, after the explosion... Read Story

In spite of what seems to be a stumbling freight picture, higher financing costs and increasingly restrictive credit availability, ACT Research continues to see healthy sales and build trends for Class 8 into 2023. Pent-up vehicle demand and still... Read Story

Fleet Advantage announced the results of its latest industry benchmarking survey where the company took the pulse of industry leaders on topics ranging from the use of alternate-fuel trucks; equipment finance trends; and strategies for environment... Read Story

Preliminary NA Class 8 net orders in December were 18,400 units, while NA Classes 5-7 net orders were 17,800 units. Complete industry data for January, including final order numbers, will be published by ACT Research in mid-February.“Given how robust... Read Story

According to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research, used Class 8 retail volumes (same dealer sales) increased 16 percent month over month in December. Average mileage was down 4... Read Story

American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index rose 0.4 percent in December after decreasing 2.5 percent in November. In December, the index equaled 115.2 versus 114.8 in November.“Despite the small... Read Story

The latest release of ACT Research’s For-Hire Trucking Index shows volumes and the supply-demand balance increased in December, while freight trucking rates continue to decline.Concerning volume, Tim Denoyer, Vice President & Senior Analyst at ACT... Read Story

According to ACT Research’s (ACT) latest State of the Industry: NA Classes 5-8 report, December Class 8 net orders were healthy, bringing total year-end ordering activity to a strong 159,000 (Sept.-Dec.). Classes 5-7 orders declined 3 percent year... Read Story

PacLease, a lease and rental company, is continuing to build out its network of franchise locations – adding 21 new sites in 2022. That brings the network up to 472 U.S. and Canadian locations. Additional locations are expected to open this year.“We... Read Story

December net U.S. trailer orders of 57,300 units were nearly 46 percent higher compared to November and 115 percent above December 2021, according to this month’s issue of ACT Research’s State of the Industry: U.S. Trailers report.“Discussions in the... Read Story

Utica Equipment Finance announce the completion of a transaction totaling $10 million in the month of December.  The $10 million capital lease secured by in-use cranes, heavy haul trailers and heavy haul trucks for a company primarily operating in... Read Story

The latest release of ACT Research’s For-Hire Trucking Index showed the Supply-Demand Balance and volumes decreased, while freight rates continue to decline.Concerning volume, Tim Denoyer, Vice President & Senior Analyst at ACT Research, said... Read Story

November net U.S. trailer orders of 39,590 units were 17 percent lower compared to last month, -27 percent on a seasonally adjusted basis, and 22 percent above the year-ago November level, according to this month’s issue of ACT Research’s State of... Read Story

According to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research, used Class 8 retail volumes (same dealer sales) were down 19 percent month over month. Average mileage was down 1 percent, with... Read Story

American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index decreased 2.5 percent in November after slipping 1.2 percent in October. In November, the index equaled 114.7 versus 117.6 in October.“For-hire truck... Read Story

Preliminary reports show net trailer orders continued to soar in November, with 39,000 units projected to have been booked during the month. Final November results will be available later this month.“We expected net orders to slow in November, after... Read Story

ACT Research released the December 2022 installment of the ACT Freight Forecast, U.S. Rate and Volume OUTLOOK report.Tim Denoyer, ACT Research’s Vice President and Senior Analyst, said, “We’re pleased to announce the first new product since we began... Read Story

ACT Research’s latest release of the North American Commercial Vehicle OUTLOOK reported on the anticipated surge in Class 8 orders coupled with robust pent-up demand at year end.According to Kenny Vieth, ACT’s President and Senior Analyst, “In line... Read Story

Preliminary North American Class 8 net orders in November were 33,000 units, while NA Classes 5-7 net orders were 21,400 units. Complete industry data for November, including final order numbers, will be published by ACT Research in... Read Story

Specialty finance company Mitsubishi HC Capital America and ACT Research announced they are partnering on a four-part weekly video series, “A Conversation with ACT Research,” designed for commercial truck dealers, upfitters and end-users. Each of the... Read Story

American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index decreased 2.3 percent in October after rising 0.8 percent in September. In October, the index equaled 116.3 (2015=100) versus 119.1 in September.“For-hire... Read Story

ACT Research released the latest installment of the ACT Freight Forecast, U.S. Rate and Volume OUTLOOK report.Tim Denoyer, ACT Research’s Vice President and Senior Analyst, said, “While we lower truckload rate forecasts on supply factors, we believe... Read Story

Preliminary reports show net trailer orders in October were 46,750 units, up 82 percent from September, and 168 percent higher than the same month last year, according to ACT Research. Final October results will be available later this month.“With... Read Story

Preliminary used Class 8 retail volumes (same dealer sales) decreased 10 percent month-over-month, and were 30 percent lower compared to October of 2021, according to the latest preliminary release of the State of the Industry: U.S. Classes 3-8 Used... Read Story

Aurora Innovation Inc. and Ryder System, Inc. announced a strategic collaboration to pilot on-site fleet maintenance. With Ryder technicians embedded at Aurora’s terminal in South Dallas, the goal is to support the current pilot operations and... Read Story

Preliminary NA Class 8 net orders in October were 42,500 units, while NA Classes 5-7 net orders were 23,400 units. Complete industry data for October, including final order numbers, will be published by ACT Research in mid-November.“The strength in... Read Story

September net U.S. trailer orders of 26,086 units were 47 percent higher compared to last month, but 8 percent below the year-ago September level, according to this month’s issue of ACT Research’s State of the Industry: U.S. Trailers... Read Story

Fleet Advantage announced it will be placing orders for 200 – EV Class 8 tractors for deliveries commencing in the calendar year 2023. Fleet Advantage has 14,000 tractors under management and is committed to assisting its customers’ transition to... Read Story

The American Transportation Research Institute, the trucking industry's not-for-profit research organization, released its 18th annual Top Industry Issues report, identifying the leading industry concerns including fuel prices, the driver shortage... Read Story

According to ACT Research’s recently released Transportation Digest, the top line on the Class 8 Tractor Dashboard dropped in August to a -3 reading, the fifth moderately downbeat reading in six months.“Dashboard readings to date suggest a more... Read Story

In response to continued industry demand for used vehicles, Penske has increased the footprint of its network of used truck centers with four recently opened locations in Kansas City, MO; Chicago; and Miami and Tampa, FL.“While the majority of our... Read Story

The latest release of ACT Research’s For-Hire Trucking Index showed volume, productivity and the supply-demand balance all declined in September.Concerning volume, Tim Denoyer, Vice President & Senior Analyst at ACT Research, commented, “It’s getting... Read Story

American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index increased 0.5 percent in September after rising 2.1 percent in August. In September, the index equaled 118.8 versus 118.2 in August.“The latest gain put... Read Story

Preliminary used Class 8 retail volumes (same dealer sales) decreased 9 percent month-over-month, and were 29 percent lower compared to September of 2021, according to the latest preliminary release of the State of the Industry: U.S. Classes 3-8 Used... Read Story

EquipmentWatch has announced the winners of its popular annual Highest Retained Value Awards (HRVA) for 2022.Both Kubota and Case won three awards each, and they welcomed Yanmar, Lee-Boy, Geringhoff and others as first-time winners.These independent... Read Story

ACT Research reported preliminary NA Class 8 net orders in September were 53,700 units, while NA Classes 5-7 net orders were 26,600 units. Complete industry data for September, including final order numbers, will be published by ACT Research in... Read Story

Volvo Trucks North America announced a new program to provide streamlined access to electric vehicle (EV) charging offerings for dealers and fleet customers. The Vendor Direct Shipping program provides customers the opportunity to procure mobile and... Read Story

Sonepar has selected Penske Truck Leasing to provide its new light-duty electric fleet. Penske Truck Leasing is in the process of delivering nine Ford E-Transit all-electric cargo vans to support the initiative.These vehicles will be used for... Read Story

According to ACT Research’s recently released Transportation Digest, the top line on the Class 8 Tractor Dashboard improved in July to a neutral -2 reading, closing out four consecutive months of moderately downbeat readings. “Our interpretation is a... Read Story

The latest release of ACT Research’s For-Hire Trucking Index showed August volume flat and productivity down, with the Supply-Demand Balance and capacity rising marginally.Kenny Vieth, President & Senior Analyst at ACT Research, said, “While Volume... Read Story

Preliminary reports show that net trailer orders in August were 17,700 units, up about 6 percent from July, but a significant 39 percent higher than the same month last year, according to ACT Research. Final August results will be available later... Read Story

American Trucking Associations' advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index rose 2.8 percent in August after decreasing 1.5 percent in July. In August, the index equaled 119 versus 115.8 in July."Tonnage snapped back in August... Read Story

Preliminary used Class 8 retail volumes (same dealer sales) increased 43 percent month-over-month, but were 15 percent lower compared to August of 2021, according to the latest preliminary release of the State of the Industry: U.S. Classes 3-8 Used... Read Story

Preliminary NA Class 8 net orders in August were 21,600 units, while NA Classes 5-7 net orders were 18,400 units. “Last month, we sounded a note of caution, with the caveat that there were a number of mitigating factors (extended backlogs, order... Read Story

Transport Enterprise Leasing, LLC (TEL) a commercial truck and trailer equipment lease and remarketing provider, and Cummins Inc., a global power solutions provider, announced TEL has signed a letter of intent planning to purchase Cummins’ 15-liter... Read Story

According to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research, used Class 8 retail volumes (same dealer sales) were down 10 percent month-over-month in July. Average price and miles were down 1... Read Story

American Trucking Associations' advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index fell 1.1 percent in July after rising 0.5 percent in June. In July, the index equaled 116.2 (2015=100) versus 117.5 in June.“Tonnage declined sequentially... Read Story

According to ACT Research’s recently released Transportation Digest, the top line on the Class 8 Tractor Dashboard was unchanged in June, the fourth month of moderately downbeat readings.“Our interpretation is a gradual erosion for Class 8 market... Read Story

The latest release of ACT Research’s For-Hire Trucking Index showed volume and productivity up, with the Supply-Demand Balance in July rising as the increase in volumes outweighed the increase in capacity.Tim Denoyer, Vice President & Senior Analyst... Read Story

For the first five months of 2022, U.S. and Canadian Class 8 natural gas truck retail sales rose 11 percent year-to-date against comparisons of the same time period in 2021, as published in the quarterly report (AFQ: Alternative Fuels Quarterly)... Read Story

Preliminary NA Class 8 net orders in July were 11,400 units, while NA Classes 5-7 net orders were 13,500 units. Complete industry data for July, including final order numbers, will be published by ACT Research in mid-August.“Do we think July’s weak... Read Story

According to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research, used Class 8 retail volumes (same dealer sales) were 1% higher month-over-month. Longer term, volumes dropped 44% y/y and were 34%... Read Story

ACT Research’s State of the Industry: U.S. Trailers report provides a monthly review of the current US trailer market statistics, as well as trailer OEM build plans and market indicators divided by all major trailer types, including backlogs, build... Read Story

The latest release of ACT Research’s For-Hire Trucking Index showed volume and pricing down, with capacity still on the high side, resulting in a lower Supply-Demand Balance in June.Carter Vieth, Research Associate at ACT Research, said, “The reading... Read Story

American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index increased 2.7 percent in June after rising 0.3 percent in May. In June, the index equaled 120.1 (2015=100) versus 116.9 in May.“June’s jump tells me a... Read Story

Preliminary reports show that net trailer orders in June were 15,300 units, down about 21 percent from the previous month, but up a significant 33 percent from the same month last year. Final June results will be available later this month.ACT... Read Story

Heavy-duty truck values continued to trend downward in June, and latest Sandhills Global market reports focus on the underlying forces influencing the used sleeper truck market. Inventory levels for sleeper trucks have increased month-over-month... Read Story

Preliminary NA Class 8 net orders in June were 15,500 units, while NA Classes 5-7 net orders were 17,800 units. Complete industry data for June, including final order numbers, will be published by ACT Research in mid-July.“Seasonal adjustment lifts... Read Story

According to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research, used Class 8 retail volumes (same dealer sales) were 8 percent higher month-over-month. Longer term, volumes were down 38 percent... Read Story

American Trucking Associations' advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index increased 0.5 percent in May after falling 1.4 percent in April. In May, the index equaled 117.1 versus 116.5 in April."The transition in the freight... Read Story

Preliminary used Class 8 retail volumes (same dealer sales) fell 10 percent month-over-month, and were 40 percent lower compared to May of 2021, according to the latest preliminary release of the State of the Industry: U.S. Classes 3-8 Used Trucks... Read Story

Fleet Advantage made available its latest industry whitepaper addressing “The Future of Heavy-Duty Trucks; Building a bridge to alternative energies for U.S. long haul transportation - the backbone of our national supply chain” to celebrate World... Read Story

American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index decreased 2 percent in April after rising 1.8 percent in March. In April, the index equaled 115.8 versus 118.2 in March.“After eight straight gains... Read Story

April net U.S. trailer orders of 19,614 units decreased more than 48 percent from the previous month, but were 23 percent higher compared to April of 2021, according to this month’s issue of ACT Research’s State of the Industry: U.S. Trailer... Read Story

Wintrust Receivables Finance closed a new $4,000,000 account receivable line of credit for a Midwest-based transportation broker. The company was founded in mid-2020 by multiple veterans of the domestic freight industry and focuses on Full Truckload... Read Story

According to ACT Research’s recently released Transportation Digest, the top line on the Class 8 tractor dashboard took another tumble in March, extending the drop that started in January.The report, which combines proprietary ACT data and analysis... Read Story

Penske Truck Leasing has opened a new, state-of-the-art facility in Cranbury, NJ. At this location, Penske offers consumer and commercial truck rental, full-service truck leasing and contract truck fleet maintenance. It is also outfitted with the... Read Story

According to ACT Research’s latest State of the Industry: NA Classes 5-8 Report, the deterioration of some freight-related metrics that began in March continued through April and into early May.Eric Crawford, ACT Research’s Vice President and Senior... Read Story

Preliminary used Class 8 volumes (same dealer sales) fell 40 percent month-over-month, and were 33 percent lower compared to April of 2021, according to the latest preliminary release of the State of the Industry: U.S. Classes 3-8 Used Trucks... Read Story

ACT Research released the latest installment of the ACT Freight Forecast, U.S. Rate and Volume OUTLOOK report.Tim Denoyer, ACT Research’s Vice President and Senior Analyst, said, “As recently as the start of the year, pricing power in the truckload... Read Story

Preliminary reports show that net trailer orders in April were 16,100 units, down almost 60 percent from the previous month and up slightly from the same month last year, according to ACT Research’s State of the Industry: U.S. Trailers report.“While... Read Story

Penske Truck Leasing and Shell Recharge Solutions North America announced a new joint initiative to support light-duty electric vehicle (EV) charging at Penske locations.The project will initially deploy Level 2 (L2) electric truck charging stations... Read Story

Penske Truck Leasing is adding Orange EV electric terminal trucks for use with customers across the U.S. The vehicles are designed for trailer-handling operations in truck yards, warehousing and distribution centers, container terminals and related... Read Story

American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index increased 2.4 percent in March after rising 0.7 percent in February. In March, the index equaled 118.8 (2015=100) versus 116.1 in February.“It is important... Read Story

March net U.S. trailer orders of 37,901 units increased more than 40 percent from the previous month and were nearly 28 percent higher compared to March 2021. Before accounting for cancellations, new orders of 38,400 grew roughly 37 percent versus... Read Story

According to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research, used Class 8 retail volumes (same dealer sales) were 11 percent higher month-over-month. Longer term, volumes were down 27 percent... Read Story

Ryder System, Inc., a provider of supply chain, dedicated transportation and fleet management solutions, announced the opening of a third multiclient omnichannel distribution center in Columbus, OH, a key region for e-commerce fulfillment.At nearly... Read Story

For the first two months of 2022, U.S. and Canadian Class 8 natural gas truck retail sales rose 21 percent year-to-date against comparisons of the same time period in 2021, as published in the quarterly report (AFQ: Alternative Fuels Quarterly)... Read Story

According to ACT Research’s (ACT) latest State of the Industry: NA Classes 5-8 Report, lagging Russia’s invasion of Ukraine by about one month, some freight-related metrics looked increasingly tired in March and early April, but there’s more to the... Read Story

According to ACT Research’s latest release of the North American Commercial Vehicle OUTLOOK, for the first time since the second quarter 2020 transportation metrics stopped moving “up and to the right” in Q1 2022.According to Kenny Vieth, ACT’s... Read Story

Penske Truck Leasing has constructed a state-of-the-art facility in Fontana, CA. it is the second full-service company location in the Fontana area. The new location will allow the transportation company to better serve its existing customer base in... Read Story

Preliminary reports show net trailer orders in March reached the highest level since December 2020, according to ACT Research. Bookings of 37,900 units were up 40 percent month-over-month and 28 percent better year-over-year. Final March results will... Read Story

Penske Truck Leasing has opened a new facility in Tampa, FL. Located at 7140 East Martin Luther King Boulevard, the new location will allow the transportation services company to upgrade the service it provides to existing customers in the area, as... Read Story

February net U.S. trailer orders of 27,041 units increased about 1 percent from the previous month and were 6 percent higher compared to February of 2021. Before accounting for cancellations, new orders of 28,100 units were virtually unchanged versus... Read Story

Fleet Advantage announced its program helps corporate truck fleets certify their greenhouse gas emissions (GHG) output, recently mandated under a proposed rule issued by the Securities and Exchange Commission (SEC). Fleet Advantage is the only... Read Story

Preliminary used Class 8 retail volumes (same dealer sales) grew 20 percent month-over-month, but were 14 percent lower compared to February 2021, according to the latest preliminary release of the State of the Industry: U.S. Classes 3-8 Used Trucks... Read Story

Fleet Advantage, an innovator in truck fleet business analytics, equipment financing and life cycle cost management (LCCM), announced Brian Antonellis, CTP, Senior Vice President of Fleet Operations will present at the ATA's Technology & Maintenance... Read Story

Penske Automotive Group, Inc., a diversified international transportation services company, announced that it has acquired TEAM Truck Centres, a retailer of medium and heavy-duty Freightliner and Western Star commercial trucks, located in Ontario... Read Story

The Volvo Group announced a $41 million investment in North Carolina’s Piedmont Triad to build a new global headquarters for Volvo Financial Services (VFS), and to purchase and expand the building housing its U.S. Uptime Center. The new VFS... Read Story

COOP by Ryder, a truck and trailer sharing platform, announced the launch of its platform nationwide, reaching businesses in all 50 states. This expansion follows the success of the initial rollout in nine key states, underscoring the continued... Read Story

According to ACT Research’s (ACT) latest State of the Industry: NA Classes 5-8 Report, for much of the past 20 months post-lockdown, economic conditions have been idyllic broadly, and particularly for commercial vehicle demand.According to Kenny... Read Story

According to this quarter’s issue of ACT Research’s Trailer Components Report, the U.S. trailer industry backlog grew 3 percent sequentially in December, but ended 2021 9 percent below the previous year.“Overall, last year closed with the U.S.... Read Story

Preliminary used Class 8 retail volumes (same dealer sales) shrank 8 percent month-over-month and were 32 percent lower compared to January of 2021, according to the latest preliminary release of the State of the Industry: U.S. Classes 3-8 Used... Read Story

As the world evolves from the severity of the early days of the pandemic, many industries including transportation continue to leverage partners to overcome new challenges. Fleet Advantage’s innovative Sale-Leaseback program was mobilized early in... Read Story

Preliminary NA Class 8 net orders in January were 21,300 units, while NA Classes 5-7 net orders dropped to 16,500 units. Complete industry data for January, including final order numbers, will be published by ACT Research in mid-February.“Constrained... Read Story

Fleet Advantage announced new milestones achieved in exceeding $2.5 billion in lease originations over the last 10 years and helping it become the largest independent lessor for heavy-duty Class-8 trucks. Strategic & Consistent Asset Management A... Read Story

December net U.S. trailer orders of 26,382 units decreased nearly 18 percent from the previous month and were nearly 41 percent lower than December 2020. Before accounting for cancellations, new orders of 28,500 units were down about 16 percent... Read Story

Recent equipment value movement across heavy-duty sleeper trucks show just how volatile values can be from month to month. A new Sandhills Global Market Report details that, from November to December 2021, heavy-duty sleeper truck values in Sandhills... Read Story

Preliminary reports show trailer net orders closed on a softer note, with OEMs booking 26,600 units in December, according to ACT Research. That was 17 percent lower than November and 40 percent below the previous year’s volume. Final December... Read Story

The American Trucking Associations released its annual look at the future of the freight economy – U.S. Freight Transportation Forecast 2021 to 2032 – showing a strong rebound and continued growth for freight demand this year and into the... Read Story

According to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research, used Class 8 retail volumes (same dealer sales) were 15 percent lower month-over-month. Longer term, volumes were down 16 percent... Read Story

November net U.S. trailer orders of 32,103 units increased more than 84 percent from the previous month, but were nearly 20 percent lower compared to November of 2020. Before accounting for cancellations, new orders of 33,900 units were up more than... Read Story

Preliminary reports show trailer net orders rebounded in November, as some OEMs began to further solidify their 2022 production plans. Net orders of 31,000 trailers were posted during the month, a 78 percent increase from October, although it trailed... Read Story

Preliminary NA Class 8 net orders in November were 9,800 units, while NA Classes 5-7 net orders dropped to 21,500 units, both representing lower sequential and year-over-year readings. Complete industry data for November, including final order... Read Story

American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index increased 0.4 percent in October after rising 2.2 percent in September. In October, the index equaled 113 compared with 112.6 in September. “October’s gain... Read Story

October net U.S. trailer orders of 17,405 units fell more than 38 percent from the previous month and were nearly 69 percent lower compared to October of 2020. Before accounting for cancellations, new orders of 19,600 units were down almost 40... Read Story

According to ACT Research’s (ACT) latest State of the Industry: NA Classes 5-8 Report, with total Classes 5-8 build rates flat sequentially and essentially stuck at the year-to-date average, the supply-demand setup for the entire industry remains... Read Story

Preliminary used Class 8 volumes (same dealer sales) decreased 3 percent month over month and dropped 24 percent year over year in October. That said, through the first 10 months of the year, activity is 4 percent higher compared to the same period a... Read Story

October preliminary net trailer orders of 16,700 units were down approximately 40 percent from September and off 70 percent from last year’s peak order month, according to ACT Research. Final October volume will be available later this month.“It’s... Read Story

Preliminary NA Class 8 net orders in October were 23,600 units, while NA Classes 5-7 net orders dropped to 21,900 units, both representing lower sequential and year-over-year readings. Complete industry data for October, including final order numbers... Read Story

American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index increased 2.4 percent in September after rising 0.3 percent in August. In September, the index equaled 112.9 compared with 110.2 in August.“September’s... Read Story

According to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research, used Class 8 volumes (same dealer sales) were 1 percent higher month-over-month. Longer term, volumes were down 23 percent year... Read Story

According to ACT Research’s latest State of the Industry: NA Classes 5-8 Report, the supply-demand setup for the entire industry remains unchanged. Despite rock-solid demand metrics across the spectrum of medium- and heavy-duty vehicle types... Read Story

Preliminary used Class 8 volumes (same dealer sales) increased 5 percent month-over-month, but dropped 25 percent year over year in September. Through the first nine months of the year, activity is 3 percent higher compared to the same period a year... Read Story

Preliminary reports show trailer OEMs posted 28,500 net orders in September, according to ACT Research. That was a 130 percent sequential surge over August, but trailed the same month last year by 45 percent. Final September volume will be available... Read Story

Ryder System, Inc. announced grand openings of five used vehicle sales centers located in Salt Lake City, UT; Oklahoma City, OK; Orlando, FL; Syracuse, NY; and Allentown, PA.Ryder offers the largest network of used commercial vehicles for sale in the... Read Story

According to ACT Research’s latest release of the North American Commercial Vehicle OUTLOOK, near-term commercial vehicle production forecasts have been trimmed again, amid continued supply-side constraints.According to Steve Tam, ACT’s Vice... Read Story

Navistar and Penske Truck Leasing announced their continued commitment to a zero-emissions future with the anticipated delivery of the International eMV Series medium duty truck. This will mark Navistar's first U.S. delivery of the full battery... Read Story

Penske Truck Leasing has constructed a new state-of-the-art facility in Fort Worth, TX. It is the third full-service company location in the Fort Worth area. Penske now has a total of 16 locations throughout the Dallas-Fort Worth metroplex.This... Read Story

In the release of its Commercial Vehicle Dealer Digest, ACT Research reported that commercial vehicle demand-side activity remains at as-good-as-it-gets levels.Regarding demand metrics, Kenny Vieth, ACT’s President and Senior Analyst, noted, “ACT’s... Read Story

American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index increased 0.5 percent in August after falling 1.1 percent in July. In August, the index equaled 110.3 (2015=100) compared with 109.8 in July.American... Read Story

August net U.S. trailer orders of 12,336 units rose nearly 52 percent from the previous month, but were almost 57 percent lower compared to August of 2020. Before accounting for cancellations, new orders of 13,400 units were up almost 41 percent... Read Story

According to ACT Research’s (ACT) latest State of the Industry: NA Classes 5-8 Report, there has not been much change in trajectory of macro datapoints that are influencing commercial vehicle demand. Except for the asterisk that is the COVID Delta... Read Story

Preliminary used Class 8 volumes (same dealer sales) dropped 5 percent month-over-month and 24 percent year over year in August. Through the first eight months of the year, activity is 8 percent higher compared to the same period a year ago... Read Story

Ryder System, Inc. and Embark Trucks, Inc., a developer of autonomous technology for the trucking industry, announced a partnership aimed at launching a nationwide network of up to 100 Embark transfer points, where Ryder will provide yard operations... Read Story

ACT Research released the latest installment of the ACT Freight Forecast, U.S. Rate and Volume OUTLOOK report.Tim Denoyer, ACT Research’s Vice President and Senior Analyst, said, “Freight markets remain tight as we head into a clearly historic peak... Read Story

Fleet Advantage is exhibiting at the American Trucking Association’s TMC Fall Meeting & Transportation Technology Exhibition in Cleveland from Sept. 12-16. Fleet Advantage will be addressing fleet executives’ focus on driver retention, lowering... Read Story

According to ACT Research’s latest release of the North American Commercial Vehicle OUTLOOK, commercial vehicle production forecasts for this year and next have been cut again, amid continued supply-side constraints.According to Kenny Vieth, ACT’s... Read Story

According to the N.A. Commercial Vehicle On-Highway Engine OUTLOOK, published by ACT Research and Rhein Associates, discussion and investment to support new powertrains for and lower carbon emissions from commercial vehicle fleets continues.... Read Story

Fleet Advantage announced results of its latest fleet industry benchmarking survey showing how trends in fuel economy, maintenance, environmental concerns and procurement strategies have changed since last year. Procurement Strategies & Lease... Read Story

Performance Team – A Maersk Company, a warehousing and distribution company, has placed an order for 16 Volvo VNR Electric Class 8 trucks—the largest commercial order of the North American zero-tailpipe emission model to date. The VNR Electric model... Read Story

Preliminary NA Class 8 net orders in August were 36,900 units, while NA Classes 5-7 net orders jumped to 31,900 units, both representing five-month high readings. Complete industry data for August, to include final order numbers, will be published by... Read Story

Penske Truck Leasing continues to expand its fleet electrification efforts including the evaluation of important related technologies to support the emerging charging needs of battery electric trucks. Since April 2021, Penske has worked with Stem... Read Story

According to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research, used Class 8 volumes (same dealer sales) were 4 percent lower month-over-month. Longer term, volumes were down 18 percent year over... Read Story

Again, as a result of the COVID-19 pandemic, ACT Research began its 65th Seminar via a virtual platform, with a panel discussion about the current state and future of U.S. economics. Panelists included Jon Horvath, Director Economics and Marketplace... Read Story

In the release of its Commercial Vehicle Dealer Digest, ACT Research reported that while the U.S. economy and commercial vehicle demand remain strong, so do the constraints that have been hampering production for the better part of this year.“U.S.... Read Story

The latest release of ACT Research’s For-Hire Trucking Index, with July data, showed an uptick in volumes and pricing moderating, with a still-strong supply-demand balance.Tim Denoyer, Vice President and Senior Analyst at ACT Research, commented... Read Story

According to ACT Research’s recently released Transportation Digest, the metrics ACT Research is tracking underscore how robust current market conditions are, but also hint at COVID and other vulnerabilities.The report, which combines proprietary ACT... Read Story

July net U.S. trailer orders of 8,128 units fell nearly 26% from the previous month, and were almost 58% lower compared to July of 2020. Before accounting for cancellations, new orders of 9.5k units were down more than 27% versus June, and 53% lower... Read Story

Preliminary used Class 8 volumes (same dealer sales) dropped 3% month-over-month and 19% y/y in July. Through the first seven months of the year, activity is 13% higher compared to the same period a year ago, according to the latest preliminary... Read Story

According to this quarter’s issue of ACT Research’s Trailer Components Report, trailer manufacturers continue to seek increased production rates, but are struggling to achieve that goal.ACT Research’s U.S. New Trailer Components and Materials... Read Story

Alta Equipment Group Inc. announced it has entered into a dealer agreement with Nikola Corporation, a designer and manufacturer of heavy-duty commercial battery-electric vehicles (BEV) and fuel-cell electric vehicles (FCEV). This agreement names Alta... Read Story

Preliminary reports show trailer OEMs posted 7,100 net orders in July, roughly two-thirds of June’s volume and 63 percent less than the same month last year, according to ACT Research. Final July volume will be available later this month. “Trailer... Read Story

Xos, Inc., a manufacturer of fully electric Class 5 to Class 8 commercial vehicles, announced Xos has signed agreements with FedEx Ground operators to deliver 120 zero emission electric trucks across 35 different FedEx Ground operators based in... Read Story

As the commercial trucking industry moves forward in developing alternative fuel equipment, Fastenal is helping to drive innovation. Since early 2020, the supply chain organization has participated in a long-term test program of two battery electric... Read Story

In the release of its Commercial Vehicle Dealer Digest, ACT Research reported its heavy-duty forecasts for the remainder of this year and the following two years remain very strong.“Indicators we track for the economy, for freight and for equipment... Read Story

According to recent data from the National Highway Traffic Safety Administration (NHTSA), heavy-duty truck-related crash fatalities in 2020 declined by 2 percent after years of increases. Fleet Advantage continuously promotes the vast improvements... Read Story

According to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research, used Class 8 volumes (same dealer sales) were 1 percent lower month-over-month. Longer term, volumes were down 5 percent year over... Read Story

According to ACT Research’s Transportation Digest, forecast stability this year has been driven by three factors: major positive momentum carried-over from 2020, the struggle of manufacturers to push production even higher in the face of record heavy... Read Story

June net U.S. trailer orders of 10,952 units grew nearly 18 percent from the previous month, but were almost 20 percent lower compared to June of 2020. Before accounting for cancellations, new orders of 13,100 units were up more than 7 percent versus... Read Story

American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index decreased 1.5 percent in June after falling 1 percent in May. In June, the index equaled 111.6 (2015=100) compared with 113.3 in May.“Tonnage has... Read Story

According to ACT Research’s (ACT) latest State of the Industry: NA Classes 5-8 Report, with demand for commercial vehicles surging, any number of conversations the past few months have been around the opening of the OEMs’ 2022 order books.“There are... Read Story

Preliminary reports show trailer OEMs posted 11,100 net orders in June, 20 percent above May orders, but 19 percent below the same point last year. Final June volume will be available later this month, ACT Research reports. “While the sequential... Read Story

Preliminary NA Class 8 net orders in June were 25,700 units, up 11 percent from May, and a still robust 61 percent higher than June of 2020’s COVID-impacted intake. NA Classes 5-7, with orders at 22,800 units, slipped 12 percent from May, according... Read Story

According to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research, used Class 8 volumes (same dealer sales) were 12 percent lower month-over-month, but significantly higher year over year and year... Read Story

In the release of its Commercial Vehicle Dealer Digest, ACT Research reported that, as expected and aligning with preliminary data, North American Class 8 net orders were soft in May, as full 2021 backlogs and as-yet fully opened 2022 order books... Read Story

According to ACT Research’s (ACT) latest State of the Industry: NA Classes 5-8 Report, data through the first two weeks of June suggest that North America is at or very near the top of the freight rate expansion, which has been setting new highs on... Read Story

Preliminary used Class 8 volumes (same dealer sales) dropped 14% month-over-month, but rose 46% y/y in May. Through the first five months of the year, activity is 32% higher compared to the same period a year ago, according to the latest preliminary... Read Story

According to ACT Research’s latest release of the North American Commercial Vehicle OUTLOOK, the question of commercial vehicle demand for 2021 has already been answered, and for the first time ever, this perspective is illuminated by all positive... Read Story

Fleet Advantage announced demand for the sales of its off-lease heavy-duty trucks has increased 188 percent between the period of October through April compared with its fiscal first quarter ending Sept. 30. The increase correlates with the rising... Read Story

According to ACT Research’s recently released Transportation Digest, the aggregate prosperity seen currently in the commercial vehicle industry, and in the U.S. economy as a whole, is a welcome contrast to the situation that existed a year ago.... Read Story

The latest release of ACT Research’s For-Hire Trucking Index, with April data, showed a slowing in volumes, strength in pricing, and a supply-demand balance that is still tight, but beginning to show early signs of rebalancing. The ACT For-Hire... Read Story

American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index decreased 0.3 percent in April after increasing 2.3 percent in March. In April, the index equaled 114.7 compared with 115.1 in March.“After a revised... Read Story

Preliminary reports from trailer OEMs indicate that 14,400 new trailer orders were booked in April, which was 52 percent lower than March, but a staggering 3,600 percent above the dramatically COVID-impacted volume for the same month last year. Final... Read Story

According to ACT Research’s (ACT) latest State of the Industry: NA Classes 5-8 Report, April Class 8 net orders pulled back to a seven-month low, with benign cancellations. ACT Research attributes the order pullback not to any slowing in demand, but... Read Story

Preliminary used Class 8 volumes (same dealer sales) dropped 2 percent month-over-month, but rose 51 percent year over year in April. Through the first four months of the year, activity is 29 percent higher compared to the same period a year ago... Read Story

Fleet Advantage released its latest white paper: “How Unbundling Your Full-Service Lease Can Save You Millions - Separating an FSL can save between 15%-25% in operating cash. Why give away cash that you will never get back?” The report illustrates... Read Story

Preliminary NA Class 8 net orders in April were 33,500 units, down 16 percent from March, but a whopping 689 percent higher than April of last year’s COVID-19-stricken intake. NA Classes 5-7 demand, with orders at 27,300 units, slipped 15 percent... Read Story

The latest release of ACT Research’s For-Hire Trucking Index, with March data, showed a Driver Availability Index that has tightened to another new low point in the past three years, the fourth in a row.Tim Denoyer, ACT Research’s Vice President and... Read Story

According to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research, used Class 8 volumes (same dealer sales) grew for all time periods, up 28 percent sequentially, 25 percent higher year over year... Read Story

According to ACT Research’s recently released Transportation Digest, the current business environment for heavy-duty trucks doesn’t get much better than this.“Demand for commercial vehicles in North America is about as good as we’ve seen in 35 years... Read Story

Crossroads Equipment Lease and Finance is an industry leader in programs designed to replace older on road commercial equipment with cleaner, lower emissions vehicles. For Earth Day this year, Freightliner’s new eCascadia made an appearance at... Read Story

March net U.S. trailer orders of 29,910 units grew more than 13 percent from the previous month and rose 252 percent-plus compared to March of 2020. Before accounting for cancellations, new orders of 33,400 units were up 18 percent versus February... Read Story

American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index decreased 5.1 percent in March after falling 2.3 percent in February. In March, the index equaled 106.8 compared with 112.5 in February.“March’s drop comes... Read Story

According to ACT Research’s (ACT) latest State of the Industry: NA Classes 5-8 Report, net Class 8 orders booked during the past six months were surpassed only by the six-month period ending October 2018, so not quite as good as it gets yet, but... Read Story

Preliminary reports from trailer OEMs indicate 29,500 new trailer orders were booked in March, ACT Research reported. That was 12 percent better than February and more than triple the volume seen last year, when COVID-driven pressures began to... Read Story

The Mobile Source Air Pollution Reduction Review Committee (MSRC), a committee of California’s largest transportation and clean air agencies and stakeholders, has awarded Volvo Financial Services (VFS) over $3.9 million dollars to help fund the... Read Story

According to ACT Research’s latest release of the North American Commercial Vehicle OUTLOOK, the list of things to like from the current economic, freight and commercial vehicle demand perspectives is long.According to Kenny Vieth, ACT’s President... Read Story

Preliminary NA Class 8 net orders in March were 40,000 units, down 10 percent from February, but a whopping 424 percent higher than March of last year’s COVID-stricken intake. NA Classes 5-7 demand, with orders at 31,400 units, were up 19 percent... Read Story

American Trucking Associations' advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index decreased 4.5 percent in February after rising 1.8 percent in January. In February, the index equaled 110 (2015=100) compared with 115.2 in... Read Story

According to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research, used Class 8 volumes (same dealer sales) fell sequentially (-7 percent month over month), while average sale price, miles and age... Read Story

February net U.S. trailer orders of 26,414 units fell nearly 16 percent from January, but rose almost 88 percent compared to February of 2020. Before accounting for cancellations, new orders of 28,300 units were down 14 percent versus January, but 74... Read Story

Fleet Advantage, an innovator in truck fleet business analytics, equipment financing and fleet life cycle cost management (LCCM), announced it has been celebrating National Asset Management Awareness Month in March by offering fleet modernization... Read Story

Preliminary used Class 8 volumes (same dealer sales) fell 6 percent month over month and 8 percent year over year in February, but are 5 percent higher on a year-to-date basis compared to this time last year, according to the latest preliminary... Read Story

According to the recently released N.A. Commercial Vehicle On-Highway Engine OUTLOOK, published by ACT Research and Rhein Associates, the Biden administration’s focus includes prioritizing investment in new low carbon technologies to strengthen U.S.... Read Story

ACT Research released the latest installment of the ACT Freight Forecast, U.S. Rate and Volume OUTLOOK report. Tim Denoyer, ACT Research’s Vice President and Senior Analyst, said, “Pushing commercial vehicle demand forward, freight rates ended... Read Story

According to ACT Research’s latest release of the North American Commercial Vehicle OUTLOOK, the demand story for commercial vehicles remains unchanged this year, but the supply chain’s ability to respond to demand will be the key determinant of... Read Story

In the release of its Commercial Vehicle Dealer Digest, ACT Research reported that the freight-generating sectors of the economy are the strongest sectors at the start of 2021, with carrier profitability expected to rise to record levels this year... Read Story

The latest release of ACT Research’s For-Hire Trucking Index, with January data, showed a Driver Availability Index that has tightened to its lowest point in the past three years.The ACT For-Hire Trucking Index is a monthly survey of for-hire... Read Story

Preliminary NA Class 8 net orders in February were 43,800 units, up 4 percent from January, and a 212 percent improvement from year-ago February. NA Classes 5-7 demand, with orders at 25,400 units, slid 4 percent sequentially but were still up 12... Read Story

According to this quarter’s issue of ACT Research’s Trailer Components Report, trailer net orders have pushed the industry backlog higher for the past seven months, with January’s order level 66 percent above current build rates.ACT Research’s U.S.... Read Story

American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index increased 1.4 percent in January after rising 1.2 percent in December. In January, the index equaled 114.6 (2015=100) compared with 113.1 in December.“Over... Read Story

January net U.S. trailer orders of 30,680 units fell more than 30 percent from the previous month, but rose nearly 105 percent compared to January of 2020. Before accounting for cancellations, new orders of 32,100 units were down 30 percent versus... Read Story

Ryder System, Inc. announced its updated Fleet Buy-Out Program that allows customers to trade in their fleet and then lease new trucks through Ryder’s leasing program. Subject to the terms of the program, Ryder will purchase used commercial vehicles... Read Story

Preliminary used Class 8 volumes (same dealer sales) fell 8 percent month-over-month in January, but are 14 percent higher year-over-year compared to 2020, according to the latest preliminary release of the State of the Industry: U.S. Classes 3-8... Read Story

Preliminary reports indicate that January net order volume of 29,100 trailers was up 94 percent from the same month last year. That was also down 33 percent from December 2020 bookings, according to ACT Research. Final January volume will be... Read Story

According to ACT Research’s latest release of the North American Commercial Vehicle OUTLOOK, the demand story for commercial vehicles remains unchanged this year, but the supply chain’s ability to respond to demand will be the key determinant of... Read Story

Preliminary NA Class 8 net orders in January were 42,200 units, down 17 percent from December, but a 146 percent improvement from year-ago January. NA Classes 5-7 demand, with orders at 25,300 units, slid 28 percent sequentially but were still up 26... Read Story

According to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research, used Class 8 same dealer sales volumes, average price and average age all rose month over month, up 13 percent, 3 percent and 1... Read Story

December net U.S. trailer orders of 43,806 units grew 11 percent from the previous month and were up nearly 150 percent year-over-year. Before accounting for cancellations, new orders of 45,800 units were up 11 percent versus November, but 148... Read Story

Preliminary used Class 8 volumes (same dealer sales) rose 11 percent month-over-month in December, and are 25 percent higher year-to-date compared to 2019, according to the latest preliminary release of the State of the Industry: U.S. Classes 3-8... Read Story

Preliminary NA Class 8 net orders in December were 50,900 units, down 2 percent from November, but a 153 percent improvement from year-ago December. NA Classes 5-7 demand, with orders at 35,100 units, rose 28 percent sequentially and 73 percent... Read Story

American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index increased 3.7 percent in November after falling 5 percent in October. In November, the index equaled 112.2 (2015=100) compared with 108.3 in October.“The... Read Story

According to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research, used Class 8 same dealer sales volumes, average miles and average age all declined month over month, down 22 percent, 2 percent and... Read Story

November net U.S. trailer orders of 39,645 units fell nearly 28 percent from the previous month, but that followed a two-month order surge and still indicates a solid month. Net orders were up 100 percent year-over-year and more than 30 percent year... Read Story

In the release of its Commercial Vehicle Dealer Digest, ACT Research reported the strength in new commercial vehicle demand can be summed with strength in freight rates.“Despite, or arguably because of, the pandemic-related pause in Q2, commercial... Read Story

According to ACT Research’s recently released Transportation Digest, the 2020 heavy-duty truck market will close on a robust note, setting the stage for 2021.“Next year will certainly show significant year-over-year growth, as the industry builds on... Read Story

Preliminary information for November indicates that the U.S. trailer industry booked 39,500 net orders for the month, according to ACT Research. While down 28 percent from October, November volume was nearly double that seen in the same month last... Read Story

Preliminary used Class 8 volumes (same dealer sales) dropped 20 percent month-over-month in November, but are 18 percent higher year-to-date compared to the first 11 months of 2019, according to the latest preliminary release of the State of the... Read Story

ACT Research released the latest installment of the ACT Freight Forecast, U.S. Rate and Volume OUTLOOK report.Tim Denoyer, ACT Research’s Vice President and Senior Analyst, said, “Freight is typically not a backlog business, but in the holiday season... Read Story

According to ACT Research’s latest release of the North American Commercial Vehicle OUTLOOK, the strength in new commercial vehicle demand is a direct result of strength in freight rates.According to Kenny Vieth, ACT’s President and Senior Analyst... Read Story

According to the recently released N.A. Commercial Vehicle On-Highway Engine OUTLOOK, published by ACT Research and Rhein Associates, the U.S. economy continues to improve, despite setbacks with increased COVID cases across the country. Additionally... Read Story

Preliminary NA Class 8 net orders in November were 51,900 units, up 33 percent from October and a 197 percent improvement from year-ago November. NA Classes 5-7 demand continued in-line with recent activity, at 27,200 units. That order volume... Read Story

According to ACT Research’s (ACT) latest State of the Industry: NA Classes 5-8 Report, the pandemic’s toll has not been evenly distributed across the U.S. economy. Transportation is one segment that has fared better than others, and that, in turn... Read Story

Preliminary used Class 8 volumes (same dealer sales) dropped 10 percent month-over-month in October, but are 10 percent higher year-to-date compared to the first 10 months of 2019, according to the latest preliminary release of the State of the... Read Story

ACT Research released the latest installment of the ACT Freight Forecast, U.S. Rate and Volume OUTLOOK report.Tim Denoyer, ACT Research’s Vice President and Senior Analyst, said, “The substitution of spending to goods and away from services is... Read Story

Fleet Advantage announced it secured a total of $223 million in truck lease syndications during its 2020 fiscal year ending on June 30, with an additional $89 million in syndications volume during its fiscal Q1 ending Sept. 30.Truck lease syndication... Read Story

ACT Research reported preliminary information for October indicates the U.S. trailer industry booked 54,200 net orders for the month, up 6 percent from September and more than 68 percent better than the same month last year. Before accounting for... Read Story

According to ACT Research’s latest release of the North American Commercial Vehicle OUTLOOK, even before the pandemic plunge in Q2, there was never serious doubt that the demand for commercial vehicles would rise in 2021.According to Kenny Vieth... Read Story

Preliminary NA Class 8 net orders in October were 38,900 units, up 27 percent from September and a 78 percent improvement from year-ago October. NA Classes 5-7 demand jumped to a 10-quarter high (March 2018) in October, to 29,300 units. That order... Read Story

NationaLease, one of the largest full-service truck leasing organizations in North America, announced the recipients of this year’s Leadership Circle Awards. These awards, given to 29 member companies, are in recognition of their commitment to... Read Story

Fleet Advantage, an innovator in truck fleet business analytics, equipment financing and life cycle cost management (LCCM) announced results of its latest industry survey which shows how companies in different industries had to modify and scale their... Read Story

September net U.S. trailer orders of 51,208 units were a significant improvement (up 82 percent) from August’s uptick and well above September 2019’s level (up 174 percent). Before accounting for cancellations, new orders of 52,000 units were up 77... Read Story

American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index increased 6.7 percent in September after declining 5.3 percent in August. In September, the index equaled 115.1 (2015=100) compared with 107.9 in... Read Story

Penske Truck Leasing moved to a new facility in the Burlington, VT, region and will now offer its consumer and commercial truck rental customers full-service truck leasing and contract truck fleet maintenance services.Penske's new facility in Essex... Read Story

According to ACT Research’s (ACT) latest State of the Industry: NA Classes 5-8 Report, there are any number of concerns regarding the economy in coming months, but one thing that definitely can be crossed off the worry list is commercial vehicle... Read Story

Fleet Advantage announced it has been active in the sales of off-lease used trucks this year, with total units sold exceeding 400 units in its fiscal first quarter ended Sept. 30, with sales in excess of $10 million.There has been more buying and... Read Story

ACT Research released the latest installment of the ACT Freight Forecast, U.S. Rate and Volume OUTLOOK report.“Although we expect some easing in the truckload market after the holidays due to driver pay increases and the end of extended unemployment... Read Story

According to ACT Research’s latest release of the North American Commercial Vehicle OUTLOOK, after pulling the cycle forward last month, ACT’s front of the cycle forecasts were marked up across-the-board again in October.According to Kenny Vieth... Read Story

A new Sandhills Global market data report indicates inventory levels play a large role in the average value of used equipment. Due to the seasonal trends across the agricultural equipment, commercial truck, and heavy machinery markets, it’s essential... Read Story

Fleet Advantage, an innovator in truck fleet business analytics, equipment financing and lifecycle cost management, announced it secured lease originations totaling $107.3 million for its quarter ending Sept. 30.Companies with transportation fleets... Read Story

Preliminary NA Class 8 net orders in September were 31,100 units, up 60 percent from August and a whopping 145 percent from an easy year-ago comparison. The NA Classes 5-7 market saw orders at a healthy 26,900 units, up 37 percent month-over-month... Read Story

The American Trucking Associations released its latest ATA Freight Transportation Forecast: 2020 to 2031, which is conducted annually by IHS Markit, showing that despite contraction in 2020, the long-term trend for both trucking and overall freight... Read Story

In the release of its Commercial Vehicle Dealer Digest, ACT Research reported that an unforeseen robustness of the perfect storm of positives into late spring and summer, following the initial shock of COVID-19 shutdowns and other mitigation efforts... Read Story

The latest release of ACT Research’s For-Hire Trucking Index, with August data, showed a continuing tight trucking market, with volume and rate surges ongoing and driver availability deteriorating. August’s Volume Index rose to 67.9 (SA), and... Read Story

August net U.S. trailer orders of 28,139 units were a significant improvement (up 49 percent) from July’s uptick and well above August 2019’s level (up 160 percent). Before accounting for cancellations, new orders of 29,000 units were up 46 percent... Read Story

According to ACT Research’s (ACT) latest State of the Industry: NA Classes 5-8 Report, the US economy is recovering from the early-year pandemic-driven shutdowns, but on a K-shaped trajectory, rather than the earlier speculated V, U or L-like paths.... Read Story

Preliminary information for August indicates the U.S. trailer industry booked 27,500 net orders for the month, a 46 percent improvement from July and more than 150 percent better than the same month last year, ACT Research reported. Before accounting... Read Story

ACT Research released the September installment of the ACT Freight Forecast, U.S. Rate and Volume OUTLOOK report.Tim Denoyer, ACT Research’s Vice President and Senior Analyst, said, “The nearly two-year freight recession is finally ending, but the... Read Story

Preliminary NA Class 8 net orders in August were 19,500 units, down 4 percent from July, but up 75 percent from an easy year-ago comparison. The NA Classes 5-7 market saw orders at a healthy 19,400 units, up 16 percent month-over-month, but 2 percent... Read Story

According to the recently released N.A. Commercial Vehicle On-Highway Engine OUTLOOK, published by ACT Research and Rhein Associates, economic indicators in recent months suggest the worst of the COVID-19 impact is in the rearview mirror. The report... Read Story

In the release of its Commercial Vehicle Dealer Digest, ACT Research reported that freight markets continue to be less impacted by the pandemic than the economy at large, and that a vaccine is seen as the key to unlocking a more broad-based recovery... Read Story

According to ACT Research’s recently released Transportation Digest, COVID-19 is just one of several factors that could impact commercial vehicle forecasts now and in the foreseeable future.“The general trend of the COVID contagion curve through July... Read Story

American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index decreased 5.1 percent in July after surging 8.9 percent in June. In July, the index equaled 109.6 compared with 115.5 in June.“After a very strong June... Read Story

According to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research, used Class 8 same dealer sales volumes were up 13 percent year-to-date against the first seven months of 2019, with average price... Read Story

July net U.S. trailer orders of 18,851 units were a significant improvement (up 40 percent) from June’s uptick and well above July 2019’s level (up 80 percent). Before accounting for cancellations, new orders of 20,000 units were up 26 percent versus... Read Story

According to ACT Research’s (ACT) latest State of the Industry: NA Classes 5-8 Report, the U.S. economy continued to post good numbers in July, including a 1.2 percent month-over-month increase in retail sales, indicating that consumers’ wallets... Read Story

Preliminary used Class 8 volumes (same dealer sales) grew 16 percent month-over-month in July, according to the latest preliminary release of the State of the Industry: U.S. Classes 3-8 Used Trucks published by ACT Research. Longer-term, volumes rose... Read Story

Preliminary NA Class 8 net orders in July were 20,300 units, rising 27 percent from June, and up 98 percent from a very easy year-ago comparison. The NA Classes 5-7 market saw orders slip to 16,700 units, down 6 percent month-over-month and 3 percent... Read Story

According to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research, used Class 8 same dealer sales volumes were up 6% year-to-date against the first half of 2019, with average price, miles and age... Read Story

Only 8 Percent of Fleets Leveraging Full-Service Lease AgreementsFleet Advantage announced results of its latest fleet industry benchmarking survey showing the impact new safety technologies have had on transportation fleets, how many fleets are... Read Story

In the release of its Commercial Vehicle Dealer Digest, ACT Research reported that the impact of more people and politicians taking the threat of the virus more seriously is a choppy economic path forward.In recognition of the virus’ impact, ACT... Read Story

According to ACT Research’s recently released Transportation Digest, the tug of war between positive and negative influences on the business environment and trucking reached a pivotal juncture at the end of June, but escalation in new COVID cases... Read Story

June net U.S. trailer orders of 13,441 units were a significant improvement (333 percent) from May’s very low comparison, arriving dramatically above June 2019’s level, up 112 percent. Before accounting for cancellations, new orders of 16,000 units... Read Story

According to ACT Research’s (ACT) latest State of the Industry: NA Classes 5-8 Report, May and June have returned to something closer to life as usual, following the shutdowns of March and April. “A survey of the current business landscape shows a... Read Story

The trucking industry generated $791.7 billion in revenue in 2019, moving 11.84 billion tons of freight, according to the latest edition of American Trucking Associations’ annual data compendium – ATA American Trucking Trends 2020.“Despite a... Read Story

Preliminary used Class 8 volumes (same dealer sales) grew 54 percent month-over-month in June, according to the latest preliminary release of the State of the Industry: U.S. Classes 3-8 Used Trucks published by ACT Research. Longer-term, volumes rose... Read Story

Preliminary NA Class 8 net orders in June were 16,000 units, rising 139 percent from May, and up 23 percent from a very easy year-ago comparison, ACT Research reported. The NA Classes 5-7 market saw orders improve 77 percent month-over-month, despite... Read Story

American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index contracted 1 percent in May after falling 10.3 percent in April. In May, the index equaled 106.1 compared with 107.2 in April. "While tonnage fell in May... Read Story

In the release of its Commercial Vehicle Dealer Digest, ACT Research found much more to like about the state of the economy today than was visible on month ago, now that the US re-opening is underway.In recognition of the virus’ impact, ACT Research... Read Story

According to ACT Research’s recently released Transportation Digest, the shock waves of the COVID-19 recession continue to depress both the North American and global economies, with June marking the fourth month of what will go down in the record... Read Story

Fleet Advantage, an innovator in truck fleet business analytics, equipment financing and lifecycle cost management, announced the Fleet Advantage Safety First Program, helping transportation fleets upgrade into newer trucks with advanced safety... Read Story

The latest release of ACT Research’s For-Hire Trucking Index, with May data, showed significant improvement in all five diffusion index measures tracked. May’s Volume Index rose from 19.3 in April to 50.2, with capacity also at the neutral 50 mark... Read Story

May net U.S. trailer orders of 3,107 units were a significant improvement from April, but net orders remain below May 2019’s level, down 71 percent. Before accounting for cancellations, new orders of 7,400 units were up 29 percent versus April... Read Story

According to ACT Research’s (ACT) latest State of the Industry: NA Classes 5-8 Report, the economy continues to re-open with some very big numbers being reported on easy comparisons, after falling sharply the past few months.“Hand-in-hand with the re... Read Story

Preliminary NA Class 8 net orders in May were 6,700 units, up 56 percent from April, but down 38 percent from a very easy year-ago comparison. Living up to its “steady” moniker, the NA Classes 5-7 market saw orders improve 5.3 percent... Read Story

According to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research, Used Class 8 same dealer sales volumes dropped 15 percent month-over-month in April, with longer-term sales dropping 7 percent year... Read Story

According to ACT Research’s recently released Transportation Digest, the COVID-19 pandemic is having its most severe impact on North American, and global, economic activity now. The report noted the extent of the shock was a near total surprise to... Read Story

According to ACT Research’s latest State of the Industry: NA Classes 5-8 Report, COVID-19 was in evidence across the commercial vehicle statistics in April, with Class 8 net orders at their lowest level since September 1995 and medium-duty orders at... Read Story

Preliminary April net U.S. trailer orders were 250 units, an all-time monthly low for the industry. Volume was 97 percent down from March and 98 percent below the same month last year, ACT Research reported.That all-time low volume resulted from a... Read Story

According to this quarter’s issue of ACT Research’s Trailer Components Report, the U.S. trailer industry has shifted from the production/capacity challenges of the last three years, with their corresponding pressures on the component and material... Read Story

Preliminary used Class 8 volumes (same dealer sales) contracted 8 percent month-over-month in 2020’s fourth month, according to the latest preliminary release of the State of the Industry: U.S. Classes 3-8 Used Trucks published by ACT Research.... Read Story

According to ACT Research’s latest release of the North American Commercial Vehicle OUTLOOK, 2021 is being forecast as the transition year, as the global economies and North American commercial vehicle demand move from COVID-19’s negative impacts... Read Story

Preliminary NA Classes 5-7 net orders in April fell to 7,600 units, down 69 percent compared to year-ago April and 50 percent below the March order intake. Complete industry data for April, including final order numbers, will be published by ACT... Read Story

Preliminary NA Class 8 net orders in April fell to 4,100 units, down 46 percent from March and 72 percent lower than an easy year-ago comparison. Complete industry data for April, including final order numbers, will be published by ACT Research in... Read Story

In the release of its Commercial Vehicle Dealer Digest, ACT Research reported that the North American commercial vehicle market, as well as the global economy, addressed the spiraling pandemic with shutdown announcements, but the report continued by... Read Story

According to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research, used Class 8 same dealer sales volumes dropped just 1 percent month-over-month in March, with longer-term sales rising 5 percent... Read Story

The latest release of ACT Research’s For-Hire Trucking Index, with March data, showed further contraction for both volumes and freight rates, now at 42.4 and 43.2 respective diffusion index readings. Productivity, while neutral at 50.0, likely was... Read Story

March net U.S. trailer orders of 7,600 units were down 43 percent month-over-month and 51 percent below the previous year. Before accounting for cancellations, new orders of 13,200 were down 14 percent versus February, according to this month’s issue... Read Story

Preliminary used Class 8 volumes (same dealer sales) contracted 8 percent month-over-month in March, according to the latest preliminary release of the State of the Industry: U.S. Classes 3-8 Used Trucks published by ACT Research. Longer-term... Read Story

According to ACT Research’s latest release of the North American Commercial Vehicle OUTLOOK, the continued spread of COVID-19 over the past month has resulted in freefalling GDP assumptions, and by extension freight volumes, carrier profits and... Read Story

ACT Research released the April installment of the ACT Freight Forecast, U.S. Rate and Volume OUTLOOK report. For the truckload spot market, the report forecasts rates for the next 12 to 15 months.This month, it introduced TL spot rates forecasts for... Read Story

In the release of its Commercial Vehicle Dealer Digest, ACT Research reported that, starting in the second half of February, COVID-19 went from a China containment story to one of spiraling pandemic.“There are times when the world that you thought... Read Story

Preliminary NA Class 8 net orders in March fell to 7,800 units, down 45 percent from February and 51 percent lower than an easy year-ago comparison. March’s Classes 5-7 net orders were 14,700 units, down 36 percent from February and 31 percent from... Read Story

According to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research, used Class 8 same dealer sales volumes improved 14 percent month-over-month in February, with longer-term sales rising 9 percent... Read Story

American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index rose 1.8 percent in February after falling 0.3 percent in January. In February, the index equaled 119.1 compared with 116.9 in January.“Before any impacts... Read Story

Preliminary used Class 8 volumes (same dealer sales) increased 21 percent month-over-month in 2020’s second month, according to the latest preliminary release of the State of the Industry: U.S. Classes 3-8 Used Trucks published by ACT Research.... Read Story

February net U.S. trailer orders of 12,700 units were down 15 percent month-over-month and 45 percent below the previous year. Before accounting for cancellations, new orders of 14,800 were down 12 percent versus January, according to this month’s... Read Story

According to ACT Research’s (ACT) latest State of the Industry: NA Classes 5-8 Report, Class 8 inventory-to-sales ratio, seasonally adjusted, hit 3.5 months in February, while the Classes 5-7 inventory-to-sales ratio dropped from a “highest in a... Read Story

ACT Research released the March installment of the ACT Freight Forecast, U.S. Rate and Volume OUTLOOK report covering the truckload, intermodal, LTL and last mile sectors.Tim Denoyer, ACT Research’s Vice President and Senior Analyst, said, “There’s... Read Story

In the release of its Commercial Vehicle Dealer Digest, ACT Research reported that the new low NOx Advance Notice of Proposed Rulemaking (ANPR) will impact the U.S. commercial vehicle market, citing past regulatory examples.“Thanks to the EPA’s GHG... Read Story

According to ACT Research’s recently released Transportation Digest, key truck transportation metrics continued to give mixed signals in early 2020. Additionally, the report explained that the total medium duty market closed 2019 on a positive note... Read Story

Preliminary NA Class 8 net orders in February were 14,100 units, down 18 percent from January and 16 percent lower than an easy year-ago comparison. February’s Classes 5-7 net orders rose to an 11-month high 22,200 units, up 12 percent from January... Read Story

Fleet Advantage, an innovator in truck fleet business intelligence, equipment financing and lifecycle cost management, announced a new significant innovation and extension to its award-winning ATLAAS platform (Advanced Truck Lifecycle Administrative... Read Story

New U.S. trailer orders of 16,800 were down 9 percent month-over-month in January, and after accounting for cancellations, net orders of 15,000 dropped 15 percent. Longer-term comparisons show net orders down 28 percent year-over-year, according to... Read Story

According to ACT Research’s (ACT) latest State of the Industry: NA Classes 5-8 Report, Class 8 inventories rose 3,400 units month-over-month in January, as production outpaced expectedly weak sales.“With the rise in inventory and weak sales, the... Read Story

After softness in late Q3/early Q4, medium duty orders appear to have shown some resilience the past two months. In January, preliminary data show NA Classes 5-7 net orders at 18,500 units, down 9 percent from December and 20 percent year over year.... Read Story

Preliminary NA Class 8 net orders in January were 17,700 units, down 12 percent from December 2019, but up 10 percent from last January. Complete industry data for January, including final order numbers, will be published by ACT Research in... Read Story

According to ACT Research’s recently released Transportation Digest, truckload contract rates turned negative in the third quarter of 2019, down 2 percent year-over-year, and loaded miles per tractor fell 5 percent in the same period.... Read Story

American Trucking Associations' advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index increased 3.3 percent in all of 2019, about half the annual gain in 2018 (6.7 percent), for the tenth straight annual increase.The advanced SA For-Hire... Read Story

The latest release of ACT Research’s For-Hire Trucking Index, with December data, showed improvement in for-hire freight volumes and utilization, with 55.5 and 52.3 respective diffusion index readings, both up four points from November on a... Read Story

New U.S. trailer orders of 18,400 were down 13 percent month-over-month in December, and after accounting for cancellations, net orders of 17,000 dropped 11 percent. Longer-term comparisons show net orders down 35 percent year-over-year and 51... Read Story

According to ACT Research’s latest State of the Industry: NA Classes 5-8 Report, ACT projects that the US economy is poised to expand by 1.8 percent in 2020.ACT’s State of the Industry: NA Classes 5-8 report provides a monthly look at the current... Read Story

ACT Research’s preliminary estimate for December 2019 indicates trailer manufacturers booked 17,200 net orders to their orderboards last month, a 13 percent decline from November volume. Activity was 37 percent below last December. For the full year... Read Story

According to ACT Research’s latest release of the North American Commercial Vehicle OUTLOOK, over the past decade, the EPA shifted its focus from the tailpipe to fuel economy. On Jan. 6, the EPA released an Advanced Notice of Proposed Rulemaking... Read Story

Preliminary NA Class 8 net orders in December 2019 were 20,000 units, up 14 percent from November and down just 6.5 percent from year-ago December, as the industry transitions to much easier year-over-year comparisons. Complete industry data for... Read Story

The annualized turnover rate at both large and small truckload carriers rose in the third quarter, according to American Trucking Associations' Quarterly Employment Report.The turnover rate at large truckload fleets – those with more than $30 million... Read Story

In the release of its Commercial Vehicle Dealer Digest, ACT Research noted that three factors are at work in the weak outlook for heavy commercial vehicles in the coming two years: demand, supply and timing. While some, like the oversupply of... Read Story

American Trucking Associations' advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index decreased 3.5 percent in November after falling 0.7 percent in October. In November, the index equaled 113.5 compared with 117.6 in October. "It's tough... Read Story

After an anomalous sequential gain in October, used Class 8 same dealer sales volumes returned to trend in November, falling 35 percent month over month, according to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks... Read Story

According to ACT Research’s (ACT) latest State of the Industry: NA Classes 5-8 Report, the prosperity of the year we are leaving will transition to tougher medium and heavy-duty market conditions in 2020.“After peak build and sales in 2019... Read Story

ACT Research’s preliminary estimate for November indicates trailer manufacturers booked 19,500 net orders to their orderboards last month, a 39 percent decline from October’s volume. Activity was 56 percent below November of 2018, while year-to-date... Read Story

According to ACT Research’s latest release of the North American Commercial Vehicle OUTLOOK, expectations for the Class 8 and trailer production volumes have been trimmed for 2020, and expectations of a recovery starting in 2021 have been... Read Story

Preliminary November data show that Classes 5-8 net order volumes were uniformly soft. Combined North American Classes 5-8 intake fell 15 percent month over month and 38 percent year over year in November on a nominal basis, ACT Research reported.... Read Story

In the release of its Commercial Vehicle Dealer Digest, ACT Research noted expectations for the Class 8 and trailer markets anticipate an accelerating pullback in build rates, as freight market conditions remain at a low ebb. While less cliff-like... Read Story

American Trucking Associations' advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index declined 0.3 percent in October after rising 1 percent in September. In October, the index equaled 118.1 compared with 118.5 in September."October's... Read Story

New U.S. trailer orders of 37,200 were up 72 percent month-over-month in October, and after accounting for cancellations, net orders of 31,800 hit their fourth consecutive sequential rise, increasing 71 percent from September, but down 42 percent... Read Story

ACT Research’s preliminary estimate for October indicates trailer manufacturers booked 31,900 net orders to their orderboards last month, a 71 percent spike from September and the second straight month of sequential growth greater than 70 percent.... Read Story

According to ACT Research’s latest release of the North American Commercial Vehicle OUTLOOK, the primary risk to all vehicle market forecasts, and the U.S. economy broadly, in either direction, remains the trade war with China. With U.S.... Read Story

According to ACT Research’s latest release of the North American Commercial Vehicle OUTLOOK, expectations for the Class 8 and trailer markets anticipate an accelerating pullback in build rates, as freight market conditions remain at a low ebb. While... Read Story

ACT Research released the November installment of the ACT Freight Forecast, U.S. Rate and Volume OUTLOOK report covering the truckload, intermodal, LTL and last mile sectors.The ACT Freight Forecast provides three-year forecasts for volumes and... Read Story

Preliminary North America Class 8 net order data show the industry booked 22,100 units in October, up 74 percent from September, while Classes 5-7 orders fell 12 percent month over month, to 16,400 units, ACT Research reported. “The North American... Read Story

According to ACT Research’s recently released Transportation Digest, the Class 8 market is moving from 2019 peak activity in sales and build into a substantial correction in 2020. Activity for the total MD market was jumbled in August, confirming the... Read Story

ACT Research reported new U.S. trailer orders of 21.6k were up 44% month-over-month, and after accounting for cancellations, net orders of 18.6k hit their third sequential increase in ten months, rising 73% from August, but down 68% compared to... Read Story

Fleet Advantage announced its proud participation in the second Run on Less cross-country roadshow by the North American Council for Freight Efficiency (NACFE), a three-week experience taking place with a variety of fleets across the country and... Read Story

American Trucking Associations' advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index increased 0.2% in September after falling 4% in August. In September, the index equaled 117.6 (2015=100) compared with 117.3 in August."This was the first... Read Story

According to ACT Research’s (ACT) latest release of the North American Commercial Vehicle OUTLOOK, the key risk to all vehicle market forecasts, and the U.S. economy broadly, remains the trade war with China. With U.S. manufacturers and farmers... Read Story

Since early 2018, ACT Research’s forecasts have called for the up-cycle in the Class 8 market to run out of steam around the third quarter of 2019, according to ACT’s latest release of the North American Commercial Vehicle OUTLOOK.“Over the past... Read Story

The American Transportation Research Institute, the trucking industry's not-for-profit research institute, unveiled its annual Top Industry Issues report, which includes the list of the top 10 critical issues facing the North American trucking... Read Story

Preliminary North America Class 8 net order data show the industry booked 12,600 units in September, up 13 percent from August, while Classes 5-7 orders fell 9.4 percent m/m, to 17,300 units, according to Act Research. ACT’s State of the Industry:... Read Story

In the lead-up to Clean Air Day 2019, heavy-duty trucking company Total Transportation Systems, Inc.  (TTSI) announced its switch from all diesel vehicles to 100 percent clean natural gas, battery electric and hydrogen fuel cell vehicles.In any given... Read Story

According to ACT Research’s recently released Transportation Digest, the Class 8 market is moving from 2019 peak activity in sales and build into a significant correction next year. The medium-duty market remained soft in July, solidifying the... Read Story

The average price of total used Class 8 trucks in August dipped 1 percent y/y, the first such decline since January 2018. Month-over-month, prices fell 3 percent, but longer-term, remained 7 percent higher year-to-date. Same-dealer sales rose 9... Read Story

In an effort to make small carriers’ lives easier in obtaining funding faster while on the road, Bibby Financial Services (BFS) is launching the FreightCheck app. The app is designed to allow trucking business owners to complete the entire... Read Story

American Trucking Associations' advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index declined 3.2 percent in August after jumping 6.2 percent in July. In August, the index equaled 118.3 (2015=100) compared with 122.2 in July.“The large... Read Story

FTR’s Trucking Conditions Index for July improved slightly to a just above neutral reading of 0.28. Lower diesel prices offset the effects of lower capacity utilization pushing the reading into positive territory for the first time since January.... Read Story

ACT Research’s preliminary estimate for August 2019 net trailer orders is 10,500 units. “On the positive side, total orders were up 7 percent versus July. However, cancellations pulled the net order results down to a 2 percent sequential gain.... Read Story

Preliminary used Class 8 volumes (same dealer sales) fell 1 percent month-over-month in August, according to the latest preliminary release of the State of the Industry: U.S. Classes 3-8 Used Trucks published by ACT Research. Additionally, the report... Read Story

According to ACT Research’s (ACT) latest release of the North American Commercial Vehicle OUTLOOK, the key risk to all commercial vehicle market forecasts remains the on-again trade war with China, but well-positioned consumers are keeping the U.S.... Read Story

According to ACT Research’s (ACT) latest release of the North American Commercial Vehicle OUTLOOK, expectations for the Class 8 and trailer markets anticipate an immanent pullback in build rates, as market conditions continue to deteriorate.“With no... Read Story

Preliminary North America Class 8 net order data show the industry booked 10,900 units in August, up nearly 6 percent from July, but 79 percent below last August’s best-ever order month, ACT Research reported.“Weak freight market and rate conditions... Read Story

In the release of its Commercial Vehicle Dealer Digest, ACT Research noted the heavy truck and trailer markets, and increasingly the medium duty market, are heading for corrections in 2020, even as the slow growth U.S. economic outlook remains... Read Story

According to ACT Research’s recently released Transportation Digest, Class 8 market indicators are divergent, with some at all-time highs even as other metrics point to coming weakness. The medium duty market measures are lower in the short-term, but... Read Story

According to the recently released N.A. Commercial Vehicle On-Highway Engine OUTLOOK, published by ACT Research and Rhein Associates, engines over 10L are projected to account for more than 85 percent of the Class 8 production between 2020 and 2024... Read Story

The average price of total used Class 8 trucks in July dipped 4 percent month-over-month, while rising against longer-term comparison, up 9 percent year-to-date.Same-dealer sales, on the other hand, were flat in July compared to June, but contracted... Read Story

New U.S. trailer orders of 13,900 were up 22 percent month-over-month, and after accounting for cancellations, net orders of 10,300 hit their first sequential increase in nine months, rising 64 percent from June. Year-to-date, however, net trailer... Read Story

According to this quarter’s issue of ACT Research’s Trailer Components Report, trailer industry net orders continued the year-over-year slide that begin at the end of 2018, now negative for seven consecutive months, with preliminary July data showing... Read Story

American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index increased 6.6 percent in July after falling 1.2 percent% in June. In July, the index equaled 122.7 (2015=100) compared with 115.1 in June.“Tonnage in 2019... Read Story

According to ACT Research’s (ACT) latest State of the Industry: Classes 5-8 Report, Class 8 market-leading indicators continue to erode, in concert with deteriorating freight volumes and rates, even as mid and downstream data points remain... Read Story

Preliminary used Class 8 volumes (same dealer sales) fell 2 percent month-over-month in July, the fourth consecutive sequential drop, according to the latest preliminary release of the State of the Industry: U.S. Classes 3-8 Used Trucks published by... Read Story

ACT Research’s preliminary estimate for July 2019 net trailer orders is 9,900 units. Preliminary Net Orders jumped 65 percent versus June but were 66 percent lower than July Last Year.  Final volume will be available later this month. “While net... Read Story

ACT Research released the August installment of the ACT Freight Forecast, U.S. Rate and Volume OUTLOOK report covering the truckload, intermodal, LTL and last mile sectors. ACT Research maintained its view that truckload and intermodal contract rates... Read Story

Preliminary North America Class 8 net order data show the industry booked 10,200 units in July, down 21 percent from June and the lowest monthly order tally since February 2010, ACT Research announced. “Weak freight market and rate conditions across... Read Story

The American Trucking Associations released the latest edition of its annual data compendium — ATA American Trucking Trends 2019 — which showed that the industry's revenues jumped to $796.7 billion in 2018, up from $700.1 billion the previous... Read Story

According to ACT Research’s recently released Transportation Digest, the Class 8 market is on the cusp of a significant correction. At the same time, the medium duty market continued to confound in May, with forward-looking indicators deteriorating... Read Story

New U.S. trailer orders of 11,300 were down 27 percent month-over-month, but after accounting for cancellations, net orders slid to 6,000 units, down 42 percent from May and down 70 percent from June a year ago. Year-to-date net orders are 43 percent... Read Story

The latest release of ACT Research’s For-Hire Trucking Index, June data, showed nearly across-the-board declines, with capacity again the lone exception. The Volume Index dropped further into negative territory, falling to 43.2 (SA) in June, from... Read Story

ACT Research’s preliminary estimate for June 2019 net trailer orders is 6,200 units. Final volume will be available later this month. “Several aspects of June trailer orders were disappointing. Total new orders continued to slide, coming in below... Read Story

Innovative Lifecycle Cost Management (LCCM) & EXchangeIT® Leasing Program Reducing Fleet's Costs While Improving Efficiency. Fleet Advantage, an innovator in truck fleet business analytics, equipment financing and lifecycle cost management... Read Story

Preliminary used Class 8 volumes (same dealer sales) fell 8 percent month-over-month in June, the third consecutive sequential drop, according to the latest preliminary release of the State of the Industry: U.S. Classes 3-8 Used Trucks published by... Read Story

ACT Research released the July installment of the ACT Freight Forecast, U.S. Rate and Volume OUTLOOK, covering the truckload, intermodal, LTL and last mile sectors.ACT Research maintained its view that truckload and intermodal contract rates will... Read Story

According to ACT Research’s latest release of the North American Commercial Vehicle OUTLOOK, current Class 8 build rates may suggest upside to the 2019 forecast, but large new inventories and deteriorating freight and rate conditions suggest erring... Read Story

Fleet Advantage has been selected by Food Logistics Magazine as a 'Top Green Provider' for 2019. This award recognizes the company as a leader in the sustainable food supply chain for the impact its ATLAAS (Advanced Truck Lifecycle Administrative... Read Story

Preliminary North America Class 8 net order data show the industry booked 13,100 units in June, gaining 20 percent from May’s three-year low, but down a significant 69 percent from year-ago June’s very tough comparison, ACT Research reported. “Weak... Read Story

New U.S. trailer orders of 15,500 were down 16 percent month-over-month, but after accounting for cancellations, net orders slid to 10,500 units, down 28 percent from April. Year-to-date, net orders are 40 percent below last year, according to this... Read Story

According to ACT Research’s recently released Transportation Digest, Class 8 retail sales and build are starting the summer at near-record high levels, but evidence supporting a change in direction continues to accumulate. At the same time, the... Read Story

American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index decreased 6.1 percent in May after jumping 7 percent in April. In May, the index equaled 114 compared with 121.4 in April.“As expected, tonnage corrected... Read Story

Preliminary used Class 8 volumes (same dealer sales) fell 14 percent month-over-month in May, the second consecutive sequential drop, according to the latest preliminary release of the State of the Industry: U.S. Classes 3-8 Used Trucks published by... Read Story

According to this quarter’s issue of ACT Research’s Trailer Components Report, trailer industry net orders have eased meaningfully since November of 2018, as year-over-year-comparisons have now been in the red for the last five months, but order... Read Story

According to the recently released N.A. Commercial Vehicle On-Highway Engine OUTLOOK, published by ACT Research and Rhein Associates, Class 8 production is expected to continue growing in 2019, before an anticipated drop late in the year and into... Read Story

The average price of total used Class 8 trucks in April was up 6 percent month-over-month and 12 percent higher year-to-date, according to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research. The... Read Story

New U.S. trailer orders of 18,600 were up 4 percent month-over-month in April, but after accounting for cancellations, net orders slid to 14,700 units, down 6 percent from March. Orders were down 23 percent year over year.Year-to-date, net orders are... Read Story

American Trucking Associations' advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index surged 7.4 percent in April after decreasing 2 percent in March. In April, the index equaled 121.8 (2015=100) compared with 113.4 in March.Compared with... Read Story

According to ACT Research’s recently released Transportation Digest, Class 8 retail sales and build remain at cycle highs, but signs are multiplying that the market momentum will start declining during the second half of this year. At the same time... Read Story

ACT Research’s preliminary estimate for April 2019 net trailer orders is 14,500 units, the lowest since July 2017. It is down 7 percent from March and 38 percent below a year ago.“Order volume was soft in April for the second straight month. Several... Read Story

According to ACT Research’s latest release of the North American Commercial Vehicle OUTLOOK, slower freight growth, an easing of driver supply constraints, the resumption of the long-run freight productivity trend and strong Class 8 tractor fleet... Read Story

ACT Research released the May installment of the ACT Freight Forecast, U.S. Rate and Volume OUTLOOK report covering the truckload, intermodal, LTL and last mile sectors.“Freight remains soft, as expected, and while we see reasons for recovery in the... Read Story

Many leading companies today can achieve competitive advantages by employing sophisticated data analytics and business intelligence tools. This is a primary reason why Fleet Advantage was selected for the second straight year as an award winner on... Read Story

The average price of total used Class 8 trucks in March was down 5 percent month-over-month, but remained 10 percent higher year-to-date, according to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT... Read Story

U.S. trailer order volume came in below previous year volume for the fourth straight month in March, but OEMs still booked nearly 16,000 net orders during the month, according to this month’s issue of ACT Research’s State of the Industry: U.S.... Read Story

American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index was down 2.3 percent in March after decreasing 1.5 percent in February. In March, the index equaled 113.2 (2015=100) compared with 115.8 in February.“In... Read Story

According to ACT Research’s latest State of the Industry: Classes 5-8 Report, March’s Class 8 metrics generally aligned with expectations, with the lone exception of cancellations, which continued to trend lower.“Data continue to tell the same... Read Story

Preliminary used Class 8 volumes (same dealer sales) jumped 25 percent month-over-month in March, following a modest decline in February, according to the latest preliminary release of the State of the Industry: U.S. Classes 3-8 Used Trucks published... Read Story

ACT Research’s preliminary estimate for March 2019 net trailer orders is 15,600 units. Final volume will be available later this month.“It appears that the industry entered a bit of a holding pattern in March, as order volume declined significantly... Read Story

XTRA Lease, a leading provider of over-the-road trailer rentals and leases, announced it is investing more than $300 million to purchase more than 10,000 new trailers in 2019. It’s the largest capital investment made by XTRA Lease for trailers in a... Read Story

American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index was down 0.2 percent in February after increasing 2.5 percent in January. In February, the index equaled 117.4 (2015=100) compared with 117.6 in... Read Story

U.S. trailer order volume came in below previous year volume for the third straight month in February, but OEMs still booked nearly 24,000 net orders during the month, according to this month’s issue of ACT Research’s State of the Industry: U.S.... Read Story

The latest release of ACT Research's For-Hire Trucking Index showed a downtick in volume, pricing and productivity, with the supply-demand balance continuing trend, loosening for the fourth consecutive month. The Volume Index returned to negative... Read Story

The average cost of mechanical repairs in the trucking industry increased for the second straight quarter, while miles between unscheduled roadside maintenance remained unchanged, according to the latest benchmarking report from American Trucking... Read Story

Preliminary North America Class 8 net order data show the industry booked 16,900 units in February, up a modest 5 percent from January, but down 58 percent from year-ago February, Act Research reported. “February marks the third consecutive month of... Read Story

According to the recently released N.A. Commercial Vehicle On-Highway Engine OUTLOOK, published by ACT Research and Rhein Associates, Class 8 production is expected to continue its growth trend into 2019, and diesel is still the dominate power source... Read Story

U.S. trailer order volume slid sequentially for the fourth month in a row, but it’s all relative when one considers that more than 26,000 net orders were posted in January, according to this month’s issue of ACT Research’s State of the Industry: U.S.... Read Story

In the release of its Commercial Vehicle Dealer Digest, ACT Research queries whether the current record-setting Class 8 cycle will close differently than previous peak periods. The report provides monthly analysis on transportation trends, equipment... Read Story

The latest release of ACT Research’s For-Hire Trucking Index showed an improvement in freight volumes and truck productivity in January, after a soft finish to 2018. The Volume Index rose to 52 in January, from 49 in December.Regarding the... Read Story

ACT Research’s preliminary estimate for January 2019 net trailer orders is 25,800 units. Final volume will be available later this month.“While the industry had the weakest January order volume since 2016, it was still sufficient enough to generate... Read Story

Preliminary used Class 8 volumes (same dealer sales) improved moderately in January, rising 4 percent month-over-month, following two sequential declines, according to the latest preliminary release of the State of the Industry: U.S. Classes 3-8 Used... Read Story

According to ACT Research’s (ACT) latest release of the North American Commercial Vehicle OUTLOOK, yellow lights continue to flash for the U.S. economy, and by extension for the North American commercial vehicle industry.“While the outlook has less... Read Story

Preliminary North America Class 8 net order data show the industry booked 15,800 units in January, down 26 percent from December and 68 percent from year-ago January, ACT Research reported. “With near-record backlogs in both the medium and heavy-duty... Read Story

U.S. trailer order volume slid sequentially for the third month in a row, but it is all relative when one considers that nearly 28,000 net orders were posted in December, according to this month’s issue of ACT Research’s State of the Industry: U.S.... Read Story

According to the recently released ACT Research’s Transportation Digest, the Class 8 truck market started 2019 with powerful positive momentum from a remarkable and record-setting 2018. In the Classes 5-7 market, the truck segment made yet another... Read Story

The latest release of ACT Research’s For-Hire Trucking Index showed the Volume Index still in negative territory, below the 50 neutral mark, in December, at 48.1. The supply-demand balance turned down even further, hitting 44.3 on a seasonally... Read Story

ACT Research’s preliminary estimate for December 2018 net trailer orders is 27,800 units, 39 percent from November. Full-year 2018 orders totaled more than 420,000, rising 35 percent.  “Considering the long-running order strength, December’s pause... Read Story

Preliminary used Class 8 volumes (same dealer sales) slipped for a second consecutive month in December (-7 percent), marking the first time since January 2016 that same dealer sales have fallen below 2,000 units, according to the latest preliminary... Read Story

Preliminary North America Class 8 net order data show the industry booked 21,300 units in December, down 24 percent sequentially from November and 43 percent from year-ago December, Act Research reported. “For all of 2018, Class 8 orders totaled... Read Story

American Trucking Associations Chief Economist Bob Costello said the turnover rate at large truckload carriers fell 11 percentage points in the third quarter, undoing two quarters worth of increases in the annualized churn rate.The turnover rate fell... Read Story

At the top line, North American Class 8 net orders totaled 28,082 units in November, compared to build at 27,973 units, according to ACT Research.“As we move into the year’s home stretch, freight-related data points continue to shift from strong... Read Story

The average price of total used Class 8 trucks in November was up 10 percent year-to-date, when compared to the first 11 months of 2017, according to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT... Read Story

U.S. trailer order volume slid sequentially for the second month in a row, but it’s all relative when one considers that more than 45,000 net orders were posted in November, according to this month’s issue of ACT Research’s State of the Industry: U.S... Read Story

The Class 8 truck market continued to extend all-time records for backlog and cumulative annual orders, according to a recent release of ACT Research’s Transportation Digest. The medium duty market ran like a well-oiled machine in October... Read Story

The latest release of ACT Research’s For-Hire Trucking Index showed the Volume Index dropping into negative territory, at 48.1, in November, for the first time in 27 months (50 is neutral). The supply-demand balance turned down even further, hitting... Read Story

American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index increased 0.4 percent in November to 118.9 from October’s level of 118.4. Compared with November 2017, the SA index increased 7.6 percent, down slightly... Read Story

ACT Research’s preliminary estimate for November 2018 net trailer orders is 43,600 units--marking the the fifth-best month in industry history for trailer OEMs.“Trailer orders continued to set records in November. Led by dry vans, OEMs saw the... Read Story

FTR reports preliminary North American Class 8 orders for November fell to 27,500, as the market winds down from five consecutive months topping 40,000 units. November orders were the lowest total this year and the weakest since September 2017.... Read Story

Preliminary used Class 8 volumes (same dealer sales) reversed course again in November, falling month-over-month and more than offsetting October’s gain, according to the latest preliminary release of the State of the Industry: U.S. Classes 3-8 Used... Read Story

Preliminary North America Class 8 net order data show the industry booked 27,900 units in November, down 36 percent sequentially from October, but only 15 percent lower from November 2017, ACT Research reported.“Through year-to-date November, Class 8... Read Story

After September’s all-time net order record, volume softened only a small degree in October, with volumes ranked as the second-best month in industry history at more than 55,000 trailers entering the orderboard, according to this month’s issue of ACT... Read Story

The ACT For-Hire Trucking Survey Volume Index (seasonally adjusted) rebounded in October, to 55.9 from 51.8 in September, according to a recent release of ACT Research’s Transportation Digest. However, the report noted that this remains below the... Read Story

The U.S. trailer industry set net order records throughout the third quarter of 2018, with both July and August being the strongest months in industry history, according to this quarter’s issue of ACT Research’s Trailer Components Report. The quarter... Read Story

The latest release of ACT Research’s For-Hire Trucking Index showed the supply-demand balance rising to 55.6 on a seasonally adjusted basis in October, from 50.1 in September. The strong increase in the Volume Index and the downtick in the Capacity... Read Story

At the top line, North American Class 8 net orders totaled 43,256 units in October, a moderation from the July-August records, but 21 percent better than the year-ago mark, according to ACT Research.“Class 8 net order activity experienced a second... Read Story

ACT Research’s preliminary estimate for October 2018 net trailer orders is 55,250 units. “After posting the highest monthly net order volume in history in September, the trailer industry continued at a breakneck pace in October. Our projection ranks... Read Story

September marked the second consecutive month of moderating freight-related industry metrics, and early indications suggest the trend continued in October, according to ACT Research’s latest release of the ACT North American Commercial Vehicle... Read Story

Price Digests, the leading B2B provider of vehicle data for over 100 years, announced the winners of the 2019 Price Digests Highest Retained Value Awards - the industry's only award based on residual values for commercial trucks. To determine this... Read Story

Preliminary North America Class 8 net order data show the industry booked 43,600 units in October, up 1.9 percent sequentially from September, but only 21 percent from year-ago October, compared to recent year-over-year gains such as the 181 percent... Read Story

Price Digests, the leading B2B provider of vehicle data for over 100 years, announced finalists for the first Price Digests Highest Retained Value Awards, a new annual industry awards program based on residual values for commercial trucks. Winners... Read Story

Fleet Advantage announced it has enhanced its award-winning ATLAAS (Advanced Truck Lifecycle Administrative Analytics Software) with new sophisticated advancements. The newly launched platform - ATLAAS Unified - will reshape the way private fleets... Read Story

The average price of total used Class 8 trucks in September rose 3 percent month-over-month and fared even better, up 9 percent year-to-date, when compared to the first nine months of 2017, according to the latest release of the State of the Industry... Read Story

September orders continued to reflect the early opening to the 2018/19 order season. Total trailer net orders of more than 58,000 units were up 52 percent month over month and 135 percent better than a year ago, according to this month’s issue of ACT... Read Story

U.S. and Canadian Natural Gas Class 8 truck retail sales rose 13 percent in 2017, but shed 28 percent year-to-date through August 2018, according to a recent quarterly report (Natural Gas & Alternative Fuels Quarterly) released by ACT Research.... Read Story

Uber Technologies Inc. announced Wednesday it is entering the trailer leasing business. The business, called Powerloop, will be a part of Uber Freight, which connects truckers with shippers, the company said on its official blog site. Powerloop will... Read Story

At the top line, North American Class 8 net orders totaled 42,781 units in September, a 19 percent decline from August’s all-time record, but still the seventh time in nine months in which industry orders cracked 40,000 units, according to ACT... Read Story

ACT Research’s preliminary estimate for September 2018 net trailer orders is 58,200 units—a monthly record net order volume.“Fleets reached a never-before-seen trailer order level in September. OEMs booked over 58k trailers last month, shattering the... Read Story

The average price of total used Class 8 trucks in August was virtually flat, up 1 percent, on a month-over-month basis, but fared better when compared to August 2017, according to the latest release of the State of the Industry: U.S. Classes 3-8 Used... Read Story

At the top line, North American Class 8 net orders totaled 53,069 units in August, marking the sixth time in eight months in which industry orders cracked 40,000 units and another record-setting month, according to ACT Research.“Robust orders in June... Read Story

American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index decreased 1.8 percent in August after increasing 1.9 percent in July. In August, the index equaled 112.9 (2015=100), down from 115 in July.Compared with... Read Story

  ACT Research’s preliminary estimate for August 2018 net trailer orders is 38,200 units. “Fleets continued to invest at a torrid pace in August, following a robust July. Industry net orders of 38,200 trailers were up more than 30 percent from July... Read Story

Preliminary North America Class 8 net order data show the industry booked 53,100 units in August, breaking the all-time record set last month in another typically weak order intake month of the year, ACT Research reported. “Preliminary data indicate... Read Story

Penske Truck Leasing has opened a new facility in Ogden, UT. Penske's new location is the fourth new facility announcement in Penske’s western region this summer and marks the company's eighth new facility announcement this year.The new facility... Read Story

The latest ACT Research For-Hire Trucking Index showed an increase in the supply-demand balance, rising to 58.0 seasonally-adjusted in July, from a 54.0 reading in June.“Both freight volumes and rates improved in July from June on a seasonally... Read Story

Penske Truck Leasing announced it has joined the Charging Interface Initiative (CharIN), a worldwide industry alliance focused on promoting Combined Charging System (CCS) as the global standard for charging electric vehicles (EVs) of all types.Penske... Read Story

U.S. trailer orders set a record for the month of July, coming in at a surprising 28,000 units, FTR reported. Trailer orders have now totaled an impressive 350,000 units for the past 12 months.  Orders were up 109 percent year over year.Original... Read Story

Bestpass, a company that provides single-source payment and streamlined toll management services to commercial fleets, announced a new trailer pay-by-plate solution to help trailer rental and leasing companies avoid costly and time-consuming... Read Story

American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index rose 1.9 percent in July after decreasing 0.5 percent in June. In July, the index equaled 115 (2015=100), up from 112.8 in June.ATA revised the June... Read Story

At more than twice the level of last July, and the strongest July in industry history, more than 29,000 net orders were booked in July. According to this month’s issue of ACT Research’s State of the Industry: U.S. Trailer Report, every trailer... Read Story

American Trucking Associations released the latest edition its annual compendium of trucking industry data–ATA American Trucking Trends 2018–highlighting the industry’s dominance over the freight market.“Information, when presented properly and... Read Story

ACT Research’s preliminary estimate for July 2018 net trailer orders is 29,300 units. Final July volume will be available later this month. “After a steady June, fleets came roaring back into the market in July. OEMs had their strongest July net... Read Story

ACT Research released its landmark study, Commercial Vehicle Electrification: To Charge or Not To Charge, to charter subscribers this summer and now is making this report available to the public.Driven by a combination of advances in battery... Read Story

Preliminary North America Class 8 net order data show the industry booked 52,400 units in July, setting a new all-time record in what is typically the weakest order intake month of the year, ACT Research reported. “Preliminary NA Class 8 net orders... Read Story

U.S. and Canadian Natural Gas Class 8 truck retail sales rose 13 percent in 2017, but shed 18 percent year-to-date through May 2018. Sales from January through May 2017 were down 14 percent from the first five months of the previous year.“As we can... Read Story

The average price of total used Class 8 trucks in June was flat on a month-over-month basis, but fared better, rising 15 percent, when compared to June 2017, according to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks... Read Story

While orders have been extremely strong, the industry’s long string of year over year net order gains came to an end in June. According to this month’s issue of ACT Research’s State of the Industry: U.S. Trailer Report, net orders of 20,048 trailers... Read Story

In June, U.S. trailer orders fell for the sixth month in a row with preliminary orders reported by FTR at 18,600 units. Trailer orders have now totaled 335,000 units for the past 12 months.The market has entered the traditional slow-order summer... Read Story

The latest release of ACT Research’s For-Hire Trucking Index showed the supply-demand balance falling to 54 on a seasonally adjusted basis in June from 60.9 in May. This reverses much of the April/May rebound, amid both softer volume and faster... Read Story

Preliminary North America Class 8 net order data show the industry booked 42,200 units in June, exceeding 40,000 units for the fourth time in six months, ACT Research reported.“Preliminary net order data indicate that demand for Class 8 trucks... Read Story

Daimler Trucks North America LLC (DTNA) announced Penske Truck Leasing and NFI have agreed to partner in operating the Freightliner Electric Innovation Fleet of eCascadia heavy-duty trucks and eM2 106 medium-duty trucks.The move is the next phase of... Read Story

Seasonal patterns predicted a significant sequential net order decline in May. Net orders were 22,900, not seasonally adjusted, off only 2 percent month-over-month, but this translated to a 27 percent increase when compared with May 2017. According... Read Story

Following flat volumes in April, the 3 percent month-over-month decline in May was not unexpected, as historical data indicates used truck sales volumes usually dip in late spring. Longer-term comparisons, however, show used truck sales volumes up 12... Read Story

Fleet Advantage announced its latest 2018 Truck Lifecycle Data Index (TLDI) comparing all-in operating costs of early-model Class-8 trucks to 2019 model-year replacements. The TLDI serves to provide a snapshot of the cost savings involved, based on... Read Story

The latest release of ACT Research’s For-Hire Trucking Index showed the supply-demand balance building on its return to positive territory last month, following an anomalous dip onto the negative side of the ledger in March. May’s reading was 61.4... Read Story

At the top line, North American Class 8 net orders totaled 35,608 units in May. While below the 492,000 seasonally adjusted annualized rate (SAAR) of first-quarter’s orders, May’s 478,000 SAAR continues the trend of order activity well above industry... Read Story

ACT Research’s preliminary estimate for May 2018 net trailer orders is 23,300 units. “Fleet investment continues at a torrid pace. Net trailer orders were up year-over-year for the 18th straight month in May. While normal seasonal patterns call for a... Read Story

Preliminary North America Class 8 net order data show the industry booked 35,600 units in 2018’s fifth month, ACT Research reports.“Preliminary net order data indicate that demand for Class 8 trucks continued in robust fashion in May,” said Kenny... Read Story

Despite short-term stability, used Class 8 truck sales volumes were up 10 percent year-to-date, according to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research. The report also indicated the... Read Story

While the preliminary estimate was 23,100, ACT Research is now reporting that the trailer industry closed April a bit stronger, with just below 24,000 net orders.“The final result outpaced our preliminary estimate, an indication of the continuing... Read Story

Ryder System, Inc. announced the launch of RyderGyde, a new, free mobile application allowing users to do everything from compare real-time fuel rates to conveniently schedule shop services—all from their smartphone. With this application, drivers... Read Story

TAB Bank announced it has provided a $300,000 revolving credit facility for a trucking equipment company located in Ohio. The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital needs.The... Read Story

The latest release of ACT Research’s For-Hire Trucking Index showed a rebound in the supply-demand balance. After turning to a deficit in March for the first time in 15 months, the supply-demand balance returned to positive territory in April, as... Read Story

American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index increased 2.2 percent in April after easing 1 percent in March. In April, the index equaled 112.5 (2015=100), up from 110.1 in March.ATA revised the March... Read Story

At the top line, North American Class 8 net orders totaled 34,735 units in April. While below the 492,000 seasonally adjusted annualized rate (SAAR) of Q1’s orders, April’s 421,000 SAAR continues the trend of order activity well above industry... Read Story

Daseke Inc., the largest flatbed and specialized trucking company in North America, announced the formation of Daseke Fleet Services.The new department will support Daseke’s growing scale by leveraging areas such as purchasing, equipment optimization... Read Story

Preliminary North America Classes 5-8 net order data show the industry booked 59,600 units in 2018’s fourth month, ACT Research reported. Complete industry data for April, including final order numbers, are to be published in mid-May.After the order... Read Story

U.S. and Canadian Natural Gas Class 8 truck retail sales rose 13 percent in 2017 but shed 23 percent year-to-date through February 2018, ACT Research reported. “After a relatively strong Q4, it isn’t surprising that Q1 might be a bit soft. On a... Read Story

The latest release of ACT Research’s For-Hire Trucking Index showed that for the first time in the past 15 months, the capacity index rose faster than the freight index, inflecting to a deteriorating supply-demand balance.“In March, the combination... Read Story

ACT Research’s preliminary estimate for March 2018 net trailer orders is 29,500 units. “Strong freight demand and tight capacity have encouraged fleets to continue to invest in new equipment. Improving freight rates will positively impact their... Read Story

Ryder System, Inc. announced the launch of COOP by Ryder™, a new asset sharing platform and the first of its kind for commercial vehicles. The digital platform offers businesses the opportunity to list and rent underutilized commercial vehicles... Read Story

The order onslaught continued in February, with NA Class 8 net orders falling from January’s second-best ever to a more pedestrian seventh-best 40,271 units, with backlogs rising in tandem, according to ACT Research (ACT). NA Class 8 net orders have... Read Story

American Trucking Associations' advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index declined 2.6 percent in February after rising 1.6 percent in January. In February, the index equaled 109.2 (2015=100), down from 112.1 in January.ATA... Read Story

The latest release of ACT Research’s For-Hire Trucking Index showed the fleet equipment purchase intentions are strong, that they have or plan to increase driver pay, and that they currently have power in contract negotiations with... Read Story

Total Class 8 used truck prices rose 2% year-over-year in January, but dipped 3% month-over-month, according to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research.“Dealers are reporting that there... Read Story

Following historically strong net order volumes in 2017’s final two months, January U.S. trailer net orders continued the pattern, booking the fifth best order month in history. “Reefers led the way booking that product’s strongest month in history... Read Story

North American Class 8 orders rose to their second-best ever level in January, reaching 49,100-plus units, and tipping the scales with a y/y growth of 121%, according to ACT Research (ACT). Since October 2017, NA Class 8 net orders have been booked... Read Story

American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index increased 2% in January after falling 0.3% in December. In January, the index equaled 111.6 (2015=100), up from 109.4 in December. ATA recently revised the... Read Story

Preliminary North America Classes 5-8 net order data show the industry booked 80,400 units in 2018’s first month. January’s volume was surpassed only by March 2006 orders, during the frenzied period ahead of the EPA’07 prebuy. Note that these numbers... Read Story

After a flat quarter in Q3, U.S. and Canadian Natural Gas Class 8 truck retail sales rose 9% year-to-date through November. “Despite the uncertainty spurred by the current climate of changing environmental winds and low oil prices, the reading... Read Story

Total Class 8 used truck sales fell 9% year-over-year in December, but were down just 1% for full-year 2017 compared to 2016, according to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT... Read Story

American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index fell for the first time since September, losing 5.7% in December. In December, the index equaled 142.9 (2000=100), down from 151.6 in November. For all of... Read Story

North American Class 8 orders ended 2017 with a bang, rising to a 37-month high 37,500-plus units, according to ACT Research Co. (ACT). Strong orders since September have boosted Class 8 backlogs, setting the stage for a healthy uptick in Class 8... Read Story

ACT’s preliminary estimate for December 2017 net trailer orders is 45,200 units. Final December volume will be available later this month. Our methodology allows us to generate a preliminary estimate of the market that should be within +/- 3% of the... Read Story

The commercial fleet and truck leasing sectors are in solid shape and will remain so in 2018 in spite of some broader sector obstacles, according to Fitch Ratings in a new report. As its most recent review of fleet lessors back in October concluded... Read Story

Class 8 same dealer used truck sales dropped by 17% last month following the unexpected climb in October, according to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research.“Seasonal weakness is not... Read Story

American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index jumped again in November, adding 2.3% in addition to the 3.9% jump during October. In November, the index equaled 151.8 (2000=100), up from 148.4 in... Read Story

The latest release of ACT’s For-Hire Trucking Index indicated that the freight index rose faster than the capacity index for the eleventh consecutive month, allowing the supply-demand balance to climb to the second highest reading ever recorded. “The... Read Story

There has been an increase in heavy duty natural gas use from the refuse industry, which has been adding new natural gas-powered trucks in significant volume, as noted in the N.A. On-highway CV Engine Outlook, by Americas Commercial Transportation... Read Story

A new report from Navigant Research examines the global market for medium and heavy duty trucks across hybrid, electric, and fuel cell powertrains, providing forecasts for annual sales and vehicle population, through 2027. With the potential to... Read Story

Class 8 same dealer used truck sales volumes continued their upward climb in October with the best month of 2017 thus far. October volumes increased 12% month over month, up 37% from October last year, according to the latest release of the State of... Read Story

American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index rose 3.3% in October, following a 1.9% decline during September. In October, the index equaled 147.6 (2000=100), up from 142.9 in September.  Compared with... Read Story

Backlog continued to be positive in October, with a stronger than expected improvement of 6% month over month and 8% year over year. “Eight of ten categories were up month over month, with liquid tanks and reefers the outliers,” said Frank Maly... Read Story

As reported earlier this month, orders for Class 8 vehicles surged in October, rising to a 35-month high 36,033 units. “Following a high-side breakout in September, Class 8 orders exploded in October as large fleets returned to the U.S. market, and... Read Story

The latest release of ACT’s For-Hire Trucking Index indicated that October’s volume reading surged to the highest level since March 2011 at 75. “Seasonally adjusted, the volume index was 75 but this was a record level for our survey,” noted Tim... Read Story

ACT’s preliminary estimate for October net trailer orders is 32,000 units. Final October volume will be available later this month. ACT's methodology allows them to generate a preliminary estimate of the market that should be within +/- 3% of the... Read Story

Great Western Leasing and Sales, LLC ("GWLS") announced the acquisition of Trinity Trailer Sales & Services, Inc. and Trinity Trailer Rental, LLC. Trinity Trailer, based in Dallas, Texas, is a full-service trailer dealership providing new and used... Read Story

According to the BMO Transportation Finance Fall 2017 Truck Transportation Industry Update, despite temporary setbacks due to above average hurricane and tropical storm activity, most business and consumer sentiment indicators continue to reach multi... Read Story

Class 8 same dealer used truck sales volumes rose by two dozen units in September, according to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research.“Long term, the outlook is positive, with volumes... Read Story

U.S. and Canadian natural gas Class 8 truck retail sales were flat through August year-to-date. “Despite the uncertainty of environmental change on the horizon, and continuing low oil prices, the future of alternative fuels led by NG/RNG is positive.... Read Story

Despite the previously reported improvement in September’s heavy duty orders, even stronger production during the month weighed on backlogs, which contracted for a fifth consecutive month. “Backlogs typically decline in September. When we seasonally... Read Story

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... Read Story

Great Western Leasing and Sales, LLC ("Great Western") announced the expansion of its dealership network with the opening of its newest branch in Phoenix, Arizona. The location will offer a broad selection of flatbed, drop deck, heavy haul, tank... Read Story

Beginning December 18, 2017, electronic logging devices (ELDs) are required for an estimated 3.4 million U.S. commercial truck drivers. A preferred partnership with Transflo and Crestmark will help transportation companies get equipped for the... Read Story

American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index jumped 7.1% in August, following a 0.5% gain during July. In August, the index equaled 149 (2000=100), up from 139.1 in July. Compared with August 2016... Read Story

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%,”... Read Story

Forbes reported that Tesla’s CEO Elon Musk will soon be unveiling an electric semi-truck.  According to the report, this marks Tesla’s first step toward entering the commercial transportation space.The Forbes article explains how Tesla’s entry into... Read Story

A new report from Navigant Research analyzes the technologies required to implement highly automated driving capabilities, providing an analysis of major market issues as well as global forecasts for sensor and electronic control unit sales, through... Read Story

The latest release of ACT’s For-Hire Trucking Index indicated that August’s freight volume reading advanced for the eighth consecutive month to 67.0, actual and seasonally adjusted. August’s freight reading represents an almost 10 point jump above... Read Story

SunTx Capital Partners, a Dallas-based private equity firm that invests in middle market manufacturing, distribution and service companies, announced that it has acquired a majority equity interest in Freedom Truck Finance, a commercial specialty... Read Story

Element Fleet Management Corp. announced the sale of approximately 60% of its Heavy-duty U.S. truck portfolio (“HD Trucks”) for cash proceeds of approximately $138 million, in excess of book value.“We are pleased to announce this asset sale at an... Read Story

Class 8 same dealer used truck sales volumes continued to decline in July, falling 5% month-over-month, 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... Read Story

American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index increased 0.1% in July, following a 4.4% drop during June. In July, the index equaled 138.5 (2000=100), up from 138.4 in June. Compared with July 2016, the... Read Story

According to the Global Heavy-duty Trucks Market 2017-2021 report released by Research and Markets, the global heavy-duty trucks market will grow at a CAGR of 1.41% during the period 2017-2021. The report also includes a discussion of the key vendors... Read Story

North American Class 8 production increased in July, boosted by the continued strength of orders. “After cutting 3,000 units from the Class 8 build plan last month, the OEMs added back nearly 6,000 units in July,” said Steve Tam, ACT Research’s Vice... Read Story

The latest release of ACT’s For-Hire Trucking Index indicated that July’s volume reading advanced for the seventh consecutive month to 57.1. While down from June, the freight index was almost 20 points above the reading in the same month last year.... Read Story

Total trailer production surpassed 27,000 June, capitalizing on one of the longer work schedules of the year. “Eight of ten trailer categories had higher production month over month,” said Frank Maly, Director–CV Transportation Analysis and Research... Read Story

Billionaire philanthropist Bill Gates has joined a group of big name investors who hope to give Uber a run for its money in the emerging market for on-demand freight-sharing.The software pioneer recently joined a group of financers that includes... Read Story

Class 8 same dealer used truck sales volumes slipped slightly in June, falling 3% month-over-month, according to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research. “Channel analysis shows that... Read Story

Roadrunner Transportation Systems (“Roadrunner”), a leading asset-right transportation and asset-light logistics service provider, announced that it has closed a new five-year $292 million asset-based lending facility (“ABL”) provided by BMO Harris... Read Story

North America Class 8 production reached a 19-month high again in June following the stronger orders earlier this year, according to new data from ACT Reseach. “Annualized, June’s per-day production rate equals a full-year production of almost... Read Story

The American Trucking Associations released its latest forecast for the next decade of freight transportation, projecting continued growth for freight transportation overall and for the trucking industry. “As the U.S. population grows and the economy... Read Story

American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index fell 4.3% in June, following a 6.9% gain during May. In June, the index equaled 138.5 (2000=100), down from 144.7 in May.  Compared with June 2016, the SA... Read Story

ACT’s preliminary estimate for June net trailer orders is 20,375 units. Final June volume will be available later this month. ACT's methodology allows them to generate a preliminary estimate of the market that should be within +/- 3% of the final... Read Story

The latest release of ACT’s For-Hire Trucking Index indicated that June’s volume reading advanced for the sixth consecutive month to 72.0, soaring to the highest level since March 2014, and almost 20 points above the reading in the same month last... Read Story

The turnover rate at U.S. truckload fleets rose slightly in the first quarter of 2017 while remaining at historically low levels."The slight uptick in turnover, despite weak freight volumes in the first quarter, may be indicative of a tightening in... Read Story

Class 8 same dealer used truck sales volumes experienced an unexpected rebound in May, making up for last month’s decline, according to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research. “While... Read Story

China 2016 and 2017 government policy changes have brought a one-time increase in heavy duty and medium duty commercial vehicle populations, according to the most recent China Commercial Vehicle Outlook, jointly published quarterly by ACT and China’s... Read Story

Following the first quarter’s stronger orders, production picked up starting in April. In May, a long month and a rising build rate conspired to drive NA Class 8 production to an 18-month high. “Annualized, May’s production rate equals a full-year... Read Story

Trucker Path has secured $30 million debt financing from Flexible Funding with the participation of Silicon Valley Bank to scale its financial services offered to trucking companies.Trucker Path helps carriers find freight instantly and offers... Read Story

The latest release of ACT’s For-Hire Trucking Index indicated that May’s purchase intentions remained elevated, with 61% of responding fleets planning equipment investments in the next three months. This marked the strongest three-month reading since... Read Story

Wabash National Corporation announced that Mark Weber, senior vice president and group president of Diversified Products, has left the company effective immediately to pursue other opportunities. Brent Yeagy, president and chief operating officer... Read Story

Penske Truck Leasing announced it has entered into an agreement to acquire Richmond, Virginia-based Old Dominion Truck Leasing. Financial terms were not disclosed."Old Dominion Truck Leasing and Penske Truck Leasing customers will benefit from... Read Story