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