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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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