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Kenny Vieth
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...
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March 25, 2024, 07:00 AM
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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...
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March 07, 2024, 07:00 AM
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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...
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February 20, 2024, 07:18 AM
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After essentially holding the line on the forecast since last July, ACT Research pushes 2024 Class 8 production and sales expectations up in February, as published in the latest release of the North American Commercial Vehicle OUTLOOK.“In addition to...
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February 13, 2024, 07:18 AM
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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...
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February 06, 2024, 07:05 AM
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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...
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January 12, 2024, 07:08 AM
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December preliminary North America Class 8 net orders were 26,500 units, falling by 15,000 units from November. Complete industry data for December, including final order numbers, will be published by ACT Research in mid-January.“After a strong and...
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January 04, 2024, 07:18 AM
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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...
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December 21, 2023, 07:15 AM
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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...
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December 14, 2023, 07:18 AM
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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...
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December 05, 2023, 07:10 AM
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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...
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November 20, 2023, 07:20 AM
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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...
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November 03, 2023, 07:00 AM
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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...
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October 20, 2023, 07:00 AM
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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...
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October 04, 2023, 06:13 AM
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August preliminary NA Class 8 net orders were 19,000 units, down 9 percent year/year, but reflecting the best month since February. Continued economic strength and seasonal adjustment keep orders on trend. Complete industry data for August, including...
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September 06, 2023, 07:00 AM
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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...
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August 14, 2023, 07:18 AM
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July preliminary NA Class 8 net orders were 16,000, jumping 45 percent year over year (y/y), while Classes 5-7 net orders were 16,600, up 21 percent y/y. Complete industry data for July, including final order numbers, will be published by ACT...
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August 03, 2023, 07:05 AM
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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...
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June 13, 2023, 07:10 AM
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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...
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May 12, 2023, 07:12 AM
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ACT Research continues to expect a mild recession to materialize, if not as soon as previously envisioned. Broad-based momentum coming out of Q1 increasingly suggests a recession is more likely to materialize in the second half of 2023. Helping to...
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April 12, 2023, 07:00 AM
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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...
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March 09, 2023, 07:11 AM
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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...
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February 14, 2023, 07:09 AM
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ACT Research latest release of the North American Commercial Vehicle OUTLOOK reported moderating core personal consumption expenditures (PCE), slowing jobs growth, and decelerating wage inflation indicate the Fed’s campaign to bring inflation under...
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January 11, 2023, 07:00 AM
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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...
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December 13, 2022, 07:00 AM
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According to ACT Research’s Transportation Digest, the top line on the Class 8 Tractor Dashboard slipped in September to a -4 reading, the sixth moderately downbeat reading in seven months.The Transportation Digest, which combines proprietary ACT...
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November 28, 2022, 07:05 AM
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According to ACT Research’s latest release of the North American Commercial Vehicle OUTLOOK, 2022 forecasts this month are slightly raised from October thanks to easing supply-chain constraints. Current economic activity aside, as long as inflation...
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November 14, 2022, 07:06 AM
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In the release of its Commercial Vehicle Dealer Digest, ACT Research reported slightly lowered forecasts due to the Fed’s continued action toward inflation, disproportionally impacting the freight economy.According to Kenny Vieth, ACT’s President and...
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November 01, 2022, 07:02 AM
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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...
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October 25, 2022, 07:05 AM
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According to ACT Research’s latest release of the North American Commercial Vehicle OUTLOOK, forecasts this month are slightly lower than September due to stubborn inflation and the Fed’s continued firm action toward bringing it down to their 2...
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October 14, 2022, 07:00 AM
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In the release of its Commercial Vehicle Dealer Digest, ACT Research reported essentially unchanged forecasts from last month—demand remains healthy, production remains constrained, and freight rates and volumes managed to squeak out small...
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September 30, 2022, 07:03 AM
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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...
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September 26, 2022, 07:10 AM
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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...
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September 23, 2022, 07:00 AM
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According to ACT Research’s latest release of the North American Commercial Vehicle OUTLOOK, forecasts this month are essentially unchanged from last month. Demand remains healthy, production remains constrained by supply-chain disruptions and tight...
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September 14, 2022, 07:00 AM
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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...
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August 24, 2022, 07:10 AM
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According to ACT Research’s (ACT) latest State of the Industry: NA Classes 5-8 Report, surging inflation, the Fed hiking interest rates into a potential recession, and supply-chain disruptions remain overarching themes.According to Kenny Vieth, ACT...
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August 22, 2022, 07:00 AM
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ACT Research has published a North American commercial vehicle and transportation prebuy analysis, Bigger Than Ever?: The Higher the Cost, The Bigger the Prebuy, which analyzes the new U.S. Environmental Protection Agency (EPA) Notice of Proposed...
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August 17, 2022, 07:17 AM
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According to ACT Research’s latest release of the North American Commercial Vehicle OUTLOOK, ACT shifted forecasts last month to incorporate an inbound recession, and this month’s forecast changes were mostly characterized by smaller adjustments...
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August 12, 2022, 06:59 AM
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According to ACT Research’s recently released Transportation Digest, the top line on the Class 8 Tractor Dashboard dropped again in April.“The Tractor Dashboard result affirms the steady and steep erosion in prospective business conditions for Class...
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July 01, 2022, 07:00 AM
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According to ACT Research’s latest release of the North American Commercial Vehicle OUTLOOK, while ACT Research still believes a soft landing is the U.S. economy’s most likely path, the potential for a mild recession is becoming an increasingly...
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June 14, 2022, 07:00 AM
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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...
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May 25, 2022, 07:00 AM
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According to ACT Research’s latest release of the North American Commercial Vehicle OUTLOOK, while ACT Research still likes the footing of the U.S. economy, with consumers sitting on considerable savings, debt-service historically low, and the job...
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May 11, 2022, 07:00 AM
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In the release of its Commercial Vehicle Dealer Digest, ACT Research reported that in early April, following the publication of a “the sky is falling” op-ed in a transportation industry trade publication, ACT’s staff received questions relating to...
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April 29, 2022, 07:00 AM
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According to ACT Research’s recently released Transportation Digest, the top line on ACT’s Tractor Dashboard in February extended the steep-pitched decline of January, taking the dashboard top line tally from double-digits in January to zero.The...
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April 25, 2022, 06:58 AM
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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...
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April 19, 2022, 07:00 AM
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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...
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April 18, 2022, 07:03 AM
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According to ACT Research’s (ACT) latest State of the Industry: NA Classes 5-8 Report, while the economic set-up remains favorable, considerable friction and uncertainty have been added, with many more loose ends in the economic story than there were...
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March 21, 2022, 07:00 AM
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According to ACT Research’s latest release of the North American Commercial Vehicle OUTLOOK, supply-chain constraints kept a lid on the industry’s ability to raise build rates through 2021, and just as the supply of chips was starting to improve, the...
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March 11, 2022, 07:00 AM
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According to the recently released N.A. Commercial Vehicle On-Highway Engine OUTLOOK, published by ACT Research and Rhein Associates, partnerships and investments to support new powertrains for and lower carbon emissions from commercial vehicle...
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March 10, 2022, 07:00 AM
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Preliminary NA Class 8 net orders in February were 21,000 units, while NA Classes 5-7 net orders rose to 18,300 units, according to ACT Research. “Constrained production capabilities and long backlogs continue to impede new order activity. Based on...
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March 04, 2022, 07:00 AM
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ACT Research began its 66th Seminar with a panel discussion about the current state and future of U.S. economics. Panelists included Bryan Bezold, Senior Economist at Ford; as well as ACT’s Principal, Industry Analyst, Jim Meil; and Chief Economist...
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March 01, 2022, 07:03 AM
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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...
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February 22, 2022, 07:00 AM
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According to ACT Research’s latest release of the North American Commercial Vehicle OUTLOOK, supply-chain constraints kept a lid on the industry’s ability to raise build rates through 2021, at least until December when a torrent of...
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February 14, 2022, 07:05 AM
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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...
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February 04, 2022, 07:03 AM
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In the release of its Commercial Vehicle Dealer Digest, ACT Research reported that as supply-chain constraints continue to dominate the conversation, broad-based economic and freight market strength is often overlooked.Kenny Vieth, ACT’s President...
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January 31, 2022, 07:03 AM
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According to ACT Research’s recently released Transportation Digest, the six key themes that shaped the North American commercial vehicle markets in 2021 will continue to do so in 2022, and likely beyond.“The factors impacting the market start and...
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January 25, 2022, 07:06 AM
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In the release of its Commercial Vehicle Dealer Digest, ACT Research reported that despite rock-solid demand across the spectrum of forward-looking medium and heavy-duty vehicle market indicators, industry capacity remains range-bound across a broad...
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January 05, 2022, 07:05 AM
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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...
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December 06, 2021, 07:00 AM
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According to ACT Research’s recently released Transportation Digest, the front-and-center concerns of the commercial vehicle industry at the moment are supply-chain constraints, as well as the inflationary ramifications that flow from them.“In...
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November 23, 2021, 07:05 AM
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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...
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November 18, 2021, 07:00 AM
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According to ACT Research’s latest release of the North American Commercial Vehicle OUTLOOK, the setup for the entire commercial vehicle industry remains unchanged from its recent trends, strong demand and constrained supply, but major automotive...
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November 12, 2021, 07:03 AM
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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...
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November 03, 2021, 07:00 AM
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According to ACT Research’s Transportation Digest, near-term signs of demand remain strong, while supply constraints dictate that ACT Research’s forecasts for the next year remain under pressure.“For heavy trucks, no less than for medium and light...
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November 01, 2021, 07:00 AM
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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...
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October 22, 2021, 06:50 AM
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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...
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September 30, 2021, 07:00 AM
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According to ACT Research’s recently released Transportation Digest, North America’s commercial vehicle industry is experiencing material capacity constraints that are dictating the speed at which the industry can produce for the rest of this year...
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September 27, 2021, 07:12 AM
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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...
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September 21, 2021, 07:00 AM
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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...
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September 13, 2021, 07:08 AM
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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....
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September 10, 2021, 07:00 AM
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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...
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September 03, 2021, 07:00 AM
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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....
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August 24, 2021, 07:10 AM
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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...
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August 20, 2021, 06:48 AM
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Preliminary NA Class 8 net orders in July were 25,800 units, unchanged compared to June’s actual 25,809 orders booked. NA Classes 5-7 net orders jumped 30 percent from June and 70 percent from a year ago, to 30,200 units. Complete industry data for...
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August 04, 2021, 07:10 AM
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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...
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July 28, 2021, 07:05 AM
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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...
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July 26, 2021, 07:00 AM
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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...
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July 19, 2021, 07:00 AM
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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...
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July 06, 2021, 07:00 AM
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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...
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June 17, 2021, 05:38 AM
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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...
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June 11, 2021, 07:07 AM
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According to the recently released N.A. Commercial Vehicle On-Highway Engine OUTLOOK, published by ACT Research and Rhein Associates, discussion continues about how internal combustion engines will meet future emissions standards for the latter part...
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June 08, 2021, 07:07 AM
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In the release of its Commercial Vehicle Dealer Digest, ACT Research reported the question of commercial vehicle demand for 2021 has been answered, but the remaining question is the industry’s ability to meet that level of demand.“This year’s...
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June 07, 2021, 07:07 AM
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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....
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June 01, 2021, 07:00 AM
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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...
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May 19, 2021, 07:07 AM
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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, but the number of units to be built this year remains a question of...
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May 11, 2021, 07:05 AM
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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...
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May 05, 2021, 07:03 AM
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In the release of its Commercial Vehicle Dealer Digest, ACT Research reported that there is much to like about the current state of the U.S. economy, as well as from both freight and commercial vehicle demand perspectives.“From an economic standpoint...
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April 29, 2021, 07:05 AM
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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...
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April 27, 2021, 07:00 AM
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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...
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April 12, 2021, 07:20 AM
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According to ACT Research’s recently released Transportation Digest, supply will be the determining factor of this year’s heavy-duty vehicle market – not demand, which remains hot.“All the indicators we use to track the heavy-duty truck market point...
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March 24, 2021, 07:10 AM
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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....
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March 18, 2021, 07:00 AM
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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...
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March 12, 2021, 07:06 AM
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According to ACT Research’s recently released Transportation Digest, the heavy-duty truck market exploded off the starting blocks at the beginning of the year, with order numbers that build on 2020’s strong close.“The massive supply-demand imbalance...
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March 05, 2021, 07:17 AM
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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...
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March 03, 2021, 07:10 AM
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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...
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February 12, 2021, 07:03 AM
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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...
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February 03, 2021, 07:18 AM
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According to ACT Research’s recently released Transportation Digest, 2020 wasn’t all bad for truck transportation and the heavy-duty market. It wasn’t even half bad. It was one quarter bad.“The shock and magnitude of the second quarter economic...
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January 27, 2021, 07:00 AM
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According to ACT Research’s latest State of the Industry: NA Classes 5-8 Report, challenges facing commercial vehicle OEMs and suppliers in January 2021 are vastly different from those being addressed one year ago.“To repurpose a phrase, commercial...
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January 20, 2021, 07:00 AM
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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...
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January 07, 2021, 07:10 AM
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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...
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December 23, 2020, 07:05 AM
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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...
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December 22, 2020, 07:05 AM
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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...
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December 11, 2020, 07:10 AM
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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...
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December 10, 2020, 06:30 AM
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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...
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December 03, 2020, 06:59 AM
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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...
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November 20, 2020, 07:03 AM
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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...
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November 12, 2020, 07:09 AM
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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...
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November 04, 2020, 07:00 AM
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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...
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October 20, 2020, 07:12 AM
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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...
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October 12, 2020, 07:00 AM
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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...
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October 05, 2020, 07:07 AM
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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...
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September 28, 2020, 07:05 AM
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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....
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September 18, 2020, 07:00 AM
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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...
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September 03, 2020, 07:15 AM
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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...
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September 02, 2020, 07:00 AM
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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...
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August 19, 2020, 07:05 AM
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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...
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August 05, 2020, 07:15 AM
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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...
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July 20, 2020, 07:05 AM
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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...
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July 06, 2020, 07:20 AM
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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...
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June 25, 2020, 07:19 AM
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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...
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June 18, 2020, 07:00 AM
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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...
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June 03, 2020, 07:05 AM
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In the release of its Commercial Vehicle Dealer Digest, ACT Research is predicting that the economy will transition from contraction to growth over the course of Q3 and Q4, acknowledging that after the current focus on saving lives will come the...
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May 28, 2020, 07:03 AM
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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...
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May 26, 2020, 07:05 AM
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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...
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May 21, 2020, 07:15 AM
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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...
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May 13, 2020, 06:55 AM
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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...
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May 06, 2020, 07:20 AM
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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...
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April 29, 2020, 07:08 AM
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According to ACT Research’s recently released Transportation Digest, the pervasive negative impact of the COVID-19 pandemic has forced a major downward shift on ACT’s views of the heavy duty market for 2020. However, the report also discusses what...
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April 27, 2020, 07:20 AM
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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...
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April 13, 2020, 07:10 AM
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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...
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April 06, 2020, 07:00 AM
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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...
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April 03, 2020, 07:25 AM
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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...
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March 18, 2020, 07:15 AM
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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...
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March 06, 2020, 07:00 AM
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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...
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March 05, 2020, 07:05 AM
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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...
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March 04, 2020, 07:00 AM
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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...
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February 19, 2020, 07:05 AM
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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...
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February 05, 2020, 06:00 AM
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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....
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January 27, 2020, 06:50 AM
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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...
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January 21, 2020, 07:15 AM
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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...
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January 06, 2020, 07:16 AM
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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...
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December 27, 2019, 07:10 AM
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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...
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December 12, 2019, 07:05 AM
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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....
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December 04, 2019, 07:09 AM
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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...
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December 02, 2019, 07:05 AM
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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...
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November 05, 2019, 07:20 AM
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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...
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October 15, 2019, 07:22 AM
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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...
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October 14, 2019, 07:20 AM
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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...
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October 01, 2019, 07:20 AM
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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....
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September 13, 2019, 07:00 AM
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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...
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September 12, 2019, 07:00 AM
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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...
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September 06, 2019, 07:10 AM
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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...
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September 03, 2019, 07:20 AM
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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...
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August 30, 2019, 07:10 AM
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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...
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August 29, 2019, 07:00 AM
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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...
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August 21, 2019, 06:58 AM
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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...
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August 05, 2019, 07:10 AM
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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...
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July 30, 2019, 07:00 AM
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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...
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July 22, 2019, 07:00 AM
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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...
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July 12, 2019, 07:00 AM
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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...
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July 03, 2019, 07:00 AM
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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...
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June 24, 2019, 07:00 AM
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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...
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May 31, 2019, 07:00 AM
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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...
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May 20, 2019, 07:00 AM
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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...
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May 15, 2019, 07:00 AM
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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...
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April 19, 2019, 07:10 AM
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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...
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April 15, 2019, 07:05 AM
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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...
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March 18, 2019, 07:05 AM
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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...
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March 06, 2019, 06:45 AM
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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...
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February 21, 2019, 07:10 AM
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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...
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February 12, 2019, 07:00 AM
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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...
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February 06, 2019, 07:06 AM
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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...
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January 22, 2019, 07:15 AM
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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...
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January 15, 2019, 06:55 AM
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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...
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January 07, 2019, 07:12 AM
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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...
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December 26, 2018, 07:20 AM
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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...
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December 20, 2018, 07:17 AM
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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...
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November 27, 2018, 07:10 AM
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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...
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November 12, 2018, 07:15 AM
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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...
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November 05, 2018, 07:05 AM
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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...
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October 18, 2018, 06:00 AM
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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...
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September 24, 2018, 07:11 AM
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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...
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September 06, 2018, 07:30 AM
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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...
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August 17, 2018, 07:05 AM
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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...
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July 23, 2018, 07:05 AM
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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...
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July 05, 2018, 07:00 AM
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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...
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June 22, 2018, 07:00 AM
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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...
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June 05, 2018, 07:15 AM
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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...
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May 03, 2018, 07:10 AM
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Were it not for the frenzied ordering ahead of EPA’07 during the first quarter of 2006, the first quarter of 2018 would have ranked as the best quarter in history for North American Class 8 orders. Instead, this year's Q1 was No. 2, averaging 45,400...
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April 23, 2018, 07:25 AM
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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...
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March 23, 2018, 07:05 AM
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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...
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March 20, 2018, 07:00 AM
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Act Research reports that for the month of July, 25,000 new Classes 5-8 vehicle orders were booked. Of those, Class 8 garnered 10,500 orders and for Classes 5-7, 14,500 orders were placed. Note that these numbers are preliminary. Final July numbers...
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August 05, 2016, 07:28 AM
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In 2015, diesel engines made up 98.5% of the North American Class 8 vehicle market, but the forecast expects this dominance to lessen by 2021, according to a new report by Americas Commercial Transportation (ACT) Research and Rhein Associates. The...
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June 22, 2016, 07:05 AM
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Americas Commercial Transportation (ACT) Research and Rhein Associates are pleased to announce the inaugural publication of a new cooperative venture, the N.A. On-highway CV Engine Outlook report. The Engine Outlook, available now, is designed to...
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June 17, 2016, 07:07 AM
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The supply of Class 8 trucks continues to rise faster than demand for trucks, according to the most recent ACT For-Hire Trucking Index from ACT Research.“The capacity index [supply] rose faster than the freight index [demand] for the seventh...
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April 15, 2016, 07:26 AM
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Weakness at the front end of the demand cycle for heavy duty commercial vehicles persisted into August, although underlying fundamentals are healthy. This updated status of the North America commercial vehicle market was included in the State of the...
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September 21, 2012, 07:07 AM
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