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News Stories (1057 Results) - Trucking

Preliminary net trailer orders were little changed nominally from March to April. However, at 13,700 units, orders were higher compared to last April, up 21 percent y/y. Seasonal adjustment (SA) at this point in the cycle boosts April’s tally to... Read Story
May 17, 2024, 07:00 AM


April preliminary North America Class 8 net orders were 15,600 units, down 1,800 units from March, but 30 percent higher than a very easy year-ago comparison. Complete industry data for April, including final order numbers, will be published by ACT... Read Story
May 06, 2024, 07:00 AM


The latest U.S. Bank Freight Payment Index revealed the U.S. truck freight market contracted significantly during the first three months of 2024. Spending by shippers decreased 27.9 percent in the first quarter compared with the same period in 2023... Read Story
May 02, 2024, 07:20 AM


Freight demand is nearing an upturn as growing goods spending, a turning inventory cycle, and rising industrial production will add to freight demand this year. After a two-year downturn, the upturn is likely within a couple of months, according to... Read Story
April 26, 2024, 07:00 AM


American Trucking Associations' advanced seasonally adjusted For-Hire Truck Tonnage Index declined 2 percent in March after increasing 4 percent in February. In March, the index equaled 113.4 (2015=100) compared with 115.7 in February."Tonnage in... Read Story
April 24, 2024, 07:05 AM


March trailer net orders, at 13,600 units, were nearly 25 percent lower y/y, and 7k units below February’s intake. This brings Q1’24 net orders to 48.3k units, down 29 percent from Q1’23’s faster paced order environment, with its pent-up demand and... Read Story
April 24, 2024, 07:00 AM


Final March Class 8 net orders totaled 17,410 units (17.2k seasonally adjusted), down 8.4 percent year over year. Total Classes 5-7 orders rose 23 percent y/y to 25,359 units (23.4k seasonally adjusted), as published in ACT Research’s latest State of... Read Story
April 23, 2024, 07:00 AM


After pushing its 2024 North America Class 8 production forecast up the previous two months, the forecast is left essentially unchanged in April, as published in the latest release of the North American Commercial Vehicle OUTLOOK. While 2024 retail... Read Story
April 19, 2024, 07:00 AM


Preliminary net trailer orders decreased nominally from February to March. At 13,600 units, orders also were lower compared to last March, down 24 percent year over year. Seasonal adjustment (SA) at this point in the cycle leaves March’s tally... Read Story
April 18, 2024, 07:00 AM


Although the growth rate of preliminary Class 8 same dealer sales volumes slowed in March, it showed no signs of letting up (+3.7 percent), according to the latest preliminary release of the State of the Industry: U.S. Classes 3-8 Used Trucks... Read Story
April 17, 2024, 07:00 AM


Every day, Transport Enterprise Leasing (TEL) works to help independent owner-operators, commercial truck fleets and other customers succeed in the transportation business. Now the company has joined the American Trucking Associations (ATA) to expand... Read Story
April 15, 2024, 07:00 AM


Fleet Advantage announced Wesley Hall, CTP, has been promoted to Fleet Director of Operations and Off Lease; Ysis Jackson has been promoted to Remarketing Operations Manager; and Shayna Sweet has been promoted to Manager of Dealer Services and... Read Story
April 05, 2024, 07:18 AM


Since inception 10 years ago, this successful Minority- Woman-Owned Business (MWOB) has focused on providing solutions such as port drayage, rail drayage, and warehousing services. Experiencing continuous growth, they now service all major ports and... Read Story
April 05, 2024, 07:00 AM


March preliminary North America Class 8 net orders were 17,300 units, down 10,400 units from February and 18.7 percent from a year ago. Complete industry data for March, including final order numbers, will be published by ACT Research in... Read Story
April 03, 2024, 07:16 AM


According to the latest State of the Industry: U.S. Classes 3-8 Used Trucks by ACT Research, the used Class 8 average retail sale price improved 4.4 percent m/m to $62,100 in February.“On a year-over-year basis, used retail prices were 14 percent... Read Story
March 28, 2024, 07:00 AM


Weak freight rates continue to reduce carriers’ willingness to invest in equipment. February net orders, at 20,500 units were nearly 21 percent lower year/year, but 6.6k units above January’s intake, according to this month’s issue of ACT Research’s... Read Story
March 26, 2024, 07:00 AM


Final February Class 8 net orders, at 27,745 units were up 16 percent year/year. Total Classes 5-7 orders were up 8.6 percent y/y at 19,127 units, as published in ACT Research’s latest State of the Industry: NA Classes 5-8 report.“Given ongoing weak... Read Story
March 25, 2024, 07:00 AM


American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index increased 4.3 percent in February after decreasing 3.2 percent in January. In February, the index equaled 116.0 (2015=100) compared with 111.3 in January.“After... Read Story
March 20, 2024, 07:10 AM


February’s preliminary net trailer orders increased nominally from January to February. At 20,500 units, orders were lower compared to last February, down nearly 21 percent y/y. As we’re at the end of peak order season, seasonal adjustment (SA)... Read Story
March 19, 2024, 07:18 AM


Preliminary Class 8 same dealer used truck retail sales volumes increased 15% m/m in February, according to the latest preliminary release of the State of the Industry: U.S. Classes 3-8 Used Trucks published by ACT Research.According to Steve Tam... Read Story
March 15, 2024, 07:06 AM


January preliminary North America Class 8 net orders were 27,700 units, up 600 units from January and 16 percent from a year ago.“Weak freight and carrier profitability fundamentals, and large carriers guiding to lower CAPEX in 2024, would imply... Read Story
March 07, 2024, 07:00 AM


Fleet Advantage announced a new collaboration with FleetNet America. The new relationship complements Fleet Advantage’s already robust asset management solutions, with the ability to facilitate reliable fleet maintenance service offerings to... Read Story
March 05, 2024, 07:08 AM


While trucking demand remains soft overall, rising imports and intermodal trends are key leading indicators of a recovery in trucking this year, according to the latest release of the Freight Forecast, U.S. Rate and Volume OUTLOOK report. Recovering... Read Story
March 01, 2024, 07:00 AM


ACT Research’s semi-annual seminar in February hosted industry leaders such as Bill Kretsinger, Chairman and CEO at American Central Transport, Joe Vitiritto, President and CEO at PAM Transport, and Marshall Franklin, CEO and CFO at Highway Transport... Read Story
February 29, 2024, 07:05 AM


Weak freight rates continue to reduce carriers’ willingness to invest in equipment, resulting in low trailer orders and high cancellations in January, according to this month’s issue of ACT Research’s State of the Industry: U.S. Trailers... Read Story
February 26, 2024, 07:05 AM


American Trucking Associations' advanced seasonally adjusted For-Hire Truck Tonnage Index decreased 3.5 percent in January after increasing 1.2 percent in December. In January, the index equaled 111.0 (2015=100) compared with 115.0 in December.ATA... Read Story
February 21, 2024, 07:00 AM


Final January Class 8 net orders, at 27,125 units, were up 45 percent year over year (y/y). Total Classes 5-7 orders were up 14 percent y/y at 19,954 units, as published in ACT Research’s latest State of the Industry: NA Classes 5-8 report.“US Class... Read Story
February 20, 2024, 07:18 AM


January’s preliminary net trailer orders decreased nominally from December to January. At 13,700 units, orders were lower compared to last January, down nearly 43 percent year over year. As we’re still in peak order season, seasonal adjustment (SA)... Read Story
February 19, 2024, 07:16 AM


Preliminary Class 8 same dealer used truck retail sales volumes accelerated 17 percent month over month (m/m) in January, according to the latest preliminary release of the State of the Industry: U.S. Classes 3-8 Used Trucks published by ACT Research... Read Story
February 15, 2024, 07:10 AM


American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index increased 2.1 percent in December after falling 1.4 percent in November. In December, the index equaled 115.7 (2015=100) compared with 113.3 in November.While... Read Story
February 12, 2024, 07:00 AM


January preliminary North America Class 8 net orders were 27,000 units, up 600 units from December and 45 percent from a year ago. Complete industry data for January, including final order numbers, will be published by ACT Research in... Read Story
February 06, 2024, 07:05 AM


The U.S. truck freight market ended 2023 with further declines in both shipment volume and spending, according to the latest U.S. Bank Freight Payment Index. Compared to the same period in 2022, fourth quarter shipment volume was down 15.7 percent... Read Story
February 02, 2024, 07:12 AM


According to the latest State of the Industry: U.S. Classes 3-8 Used Trucks by ACT Research, the used Class 8 average retail sale price dropped 2.6 percent month/month to $58,000 in December. Retail prices last saw that level in April 2021.“On a year... Read Story
February 01, 2024, 07:00 AM


he latest release of ACT Research’s For-Hire Trucking Index reflects the gradually recovering freight market.The Supply-Demand Balance tightened by 2.2 points in December to 54.2, seasonally adjusted, from 52.0 in November.Tim Denoyer, Vice President... Read Story
January 30, 2024, 07:00 AM


With freight markets continuing their bounce along the bottom, carrier profits at a low ebb, and pent-up demand exhausted, the 2024 game plan is more about hoping and coping than full steam ahead for the trailer market, according to this month’s... Read Story
January 23, 2024, 07:00 AM


U.S. freight cycle fundamentals will improve in 2024, according to the latest release of the Freight Forecast, U.S. Rate and Volume OUTLOOK report. Freight demand is below trend, but starting to recover, as post-pandemic effects fade, both real... Read Story
January 19, 2024, 07:15 AM


The convergence of continued strong build rates, a fading U.S. tractor sales trend, and early in the year sales seasonality risk a Class 8 inventory surge in Q1. ACT Research points out some of that dynamic can already be seen with more inventory... Read Story
January 12, 2024, 07:08 AM


Garrington Capital closed a $1.2 million senior secured term loan to the U.S. subsidiary of a multi-national manufacturer of spare parts for heavy-duty commercial vehicles. The loan helped the borrower complete the build-out of new warehouses in the... Read Story
January 11, 2024, 07:00 AM


November’s preliminary net trailer orders decreased nominally from October to November. At 20,900 units, orders were lower compared to last November, down 47 percent y/y. As we’re still in the peak order season, seasonal adjustment (SA) lowers... Read Story
December 29, 2023, 07:06 AM


According to the latest State of the Industry: U.S. Classes 3-8 Used Trucks by ACT Research, the used Class 8 average retail sale price fell 6 percent month/month to $59,300 in November, marking the first month of a sub-$60,000 price since April 2021... Read Story
December 28, 2023, 07:15 AM


Peak order season opened in September, and although net orders in November continued to show relatively healthy bookings, they were softer than the previous two months. Unlike the last few years with challenges solidly on the supply-side of the... Read Story
December 27, 2023, 07:15 AM


The surprising strength in the economy in 2023 may provide less ballast for freight in 2024, but supply contraction should propel the cycle forward in 2024, even if the broad economy slows, according to the latest release of the Freight Forecast, U.S... Read Story
December 22, 2023, 07:15 AM


American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index decreased 1 percent in November after increasing 0.8 percent in October. In November, the index equaled 113.7 (2015=100) compared with 114.9 in October.... Read Story
December 21, 2023, 07:17 AM


Final November Class 8 net orders, at 41,732 units, were up 28 percent year over year, with tractor orders up 20 percent and vocational equipment orders up 60 percent on ongoing pent-up demand, as published in ACT Research’s latest State of the... Read Story
December 21, 2023, 07:15 AM


Preliminary Class 8 same dealer used truck retail sales volumes slipped in November (-2.5 percent month/month), a little more than normal seasonality would suggest, according to the latest preliminary release of the State of the Industry: U.S.... Read Story
December 15, 2023, 07:05 AM


Even as we leave the forecast unchanged this month while witnessing continued positive order activity relative to our forecast, we caution that the freight market fundamentals that inform on the largest single Class 8 market, U.S. for-hire truckload... Read Story
December 14, 2023, 07:18 AM


The used heavy-duty truck and semitrailer markets have undergone a correction in 2023 in response to the extreme supply-demand imbalance that emerged in 2022. According to new market reports from Sandhills Global, inventory levels of used heavy-duty... Read Story
December 07, 2023, 07:20 AM


November preliminary NA Class 8 net orders were 41,700 units, rising by 9,000 units from both October and year-ago November. Complete industry data for November, including final order numbers, will be published by ACT Research in... Read Story
December 05, 2023, 07:10 AM


Corcentric, a leading global provider of best-in-class procurement and finance solutions, announced a partnership with Riteload, a freight matching platform for the trucking industry, to provide Managed Payments services for carriers and... Read Story
November 30, 2023, 06:00 AM


According to the latest State of the Industry: U.S. Classes 3-8 Used Trucks by ACT Research, the used Class 8 average retail sale price fell 1 percent m/m and 25 percent y/y to $62,900 in October.“The past three months’ less-than-expected declines... Read Story
November 28, 2023, 07:00 AM


Peak order season opened in September, and October net orders continued to show strong bookings. However, cancellations in some segments remain elevated, despite healthy backlogs. On balance, two solid months of orders are not enough for us to say... Read Story
November 27, 2023, 07:00 AM


American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index increased 1.1 percent in October after declining 1.1 percent in September. In October, the index equaled 115.2 (2015=100) compared with 113.9 in... Read Story
November 22, 2023, 07:08 AM


Expectations are for freight markets to continue bouncing along the bottom in the near term, with some holiday volatility and a change in trajectory on the way next year, according to the latest release of the Freight Forecast, U.S. Rate and Volume... Read Story
November 21, 2023, 07:00 AM


While strong relative to freight market conditions, Class 8 orders were down 24 percent y/y in October, as published in ACT Research’s latest State of the Industry: NA Classes 5-8 report.According to Kenny Vieth, ACT’s President and Senior Analyst... Read Story
November 20, 2023, 07:20 AM


October’s preliminary net trailer orders increased nominally from September to October, at 35,300 units, but were lower compared to last October, down more than 26 percent Y/Y. As we’re still in the opening of peak order season, seasonal adjustment... Read Story
November 17, 2023, 07:00 AM


Utica Equipment Finance extended a capital lease of $3,500,000 to facilitate the purchase of a trucking firm located in Virginia, specializing in regional bulk materials transportation. The customer successfully executed this deal by capitalizing on... Read Story
November 10, 2023, 07:15 AM


The American Trucking Associations released new projections showing truck tonnage will grow to 14.2 billion tons by the year 2034, securing the industry's position as the dominant mover of goods in the United States."In this edition of Forecast, you... Read Story
November 09, 2023, 07:05 AM


Velocity Truck Centers (VTC) announced the company has further expanded into Canada with the acquisition of First Truck Centre (First Truck). The acquisition of First Truck, with 12 locations in British Columbia and Alberta, Canada, adds the largest... Read Story
November 06, 2023, 07:20 AM


October preliminary NA Class 8 net orders were 31,900 units, remaining at above-trend levels nominally and seasonally. Complete industry data for October, including final order numbers, will be published by ACT Research in mid-November.“A strong... Read Story
November 03, 2023, 07:00 AM


During the third quarter, the amount spent to ship goods via truck freight was down 12.5 percent compared to a year prior while the volume of shipments was off 9.7 percent, according to the U.S. Bank Freight Payment Index. Spending fell 4.2 percent... Read Story
November 02, 2023, 07:12 AM


After a long downturn, freight demand fundamentals are gradually improving as pandemic substitution effects fade, destocking plays out, and real incomes improve, according to the latest release of the Freight Forecast, U.S. Rate and Volume OUTLOOK... Read Story
October 31, 2023, 07:00 AM


According to the latest State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research, used Class 8 average retail sale price fell 1 percent month over month and 25 percent year over year to $63,900 in September.“A second month of... Read Story
October 27, 2023, 07:00 AM


The latest release of ACT Research's For-Hire Trucking Index shows continued improvement in freight volumes, pricing and driver availability.The Volume Index fell 4.9 points in September to 49.5 seasonally adjusted (SA), from 54.4 in August. While... Read Story
October 26, 2023, 07:18 AM


For the past three months, we have written about dark clouds on the trailer market horizon. September opens the peak order season, and while it is tempting to say, “here comes the sun,” we would be remiss if we didn’t note that a) one month’s data... Read Story
October 25, 2023, 07:10 AM


American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index decreased 1.1 percent in September after rising 0.2 percent in August. In September, the index equaled 113.9 compared with 115.2 in August.“After hitting a... Read Story
October 25, 2023, 07:05 AM


With the 2024 order season opening in September, the Class 8 backlog increased by 8,700 units from August to 161,300 units, and the backlog-to-build ratio increased to 5.5 months, as published in ACT Research’s latest State of the Industry: NA... Read Story
October 20, 2023, 07:00 AM


Preliminary Class 8 same dealer used truck retail sales volumes suggest buyers tightened their belts in September, down 5 percent month/month, according to the latest preliminary release of the State of the Industry: U.S. Classes 3-8 Used Trucks... Read Story
October 19, 2023, 07:00 AM


As published in the latest release of the North American Commercial Vehicle OUTLOOK, expectations for Class 8 and trailers are lowered as the recovery in freight markets remains elusive.“Within the broader Class 8 and trailer markets, US Class 8... Read Story
October 12, 2023, 07:10 AM


Navistar Financial relaunched retail capabilities to serve International truck and IC Bus customers. A captive financial services provider for Navistar, Inc., Navistar Financial provides customers with tailor-made, competitive loan and lease... Read Story
October 05, 2023, 07:58 AM


September preliminary NA Class 8 net orders were 36,800 units, up 67% m/m, reflecting the strongest order month in the past year. Classes 5-7 net orders were more trend-like, rising 13% m/m to 23,100 units. Complete industry data for September... Read Story
October 04, 2023, 06:13 AM


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
September 29, 2023, 07:05 AM


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
September 29, 2023, 06:05 AM


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
September 28, 2023, 07:00 AM


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
September 25, 2023, 05:00 AM


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
September 19, 2023, 07:05 AM


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
September 07, 2023, 07:25 AM


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
September 01, 2023, 07:05 AM


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
August 24, 2023, 07:00 AM


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
August 18, 2023, 07:05 AM


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
August 14, 2023, 07:18 AM


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
July 28, 2023, 07:10 AM


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
July 21, 2023, 07:00 AM


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
July 14, 2023, 07:00 AM


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
July 06, 2023, 07:06 AM


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
July 03, 2023, 07:22 AM


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
June 28, 2023, 07:00 AM


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
June 23, 2023, 07:18 AM


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
June 22, 2023, 07:15 AM


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
June 21, 2023, 07:09 AM


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
June 20, 2023, 07:10 AM


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
June 13, 2023, 07:10 AM


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
June 05, 2023, 07:10 AM


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
May 31, 2023, 07:07 AM


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
May 26, 2023, 07:10 AM


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
May 25, 2023, 07:00 AM


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
May 24, 2023, 07:10 AM


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
May 23, 2023, 07:15 AM


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
May 19, 2023, 07:00 AM


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
May 16, 2023, 07:00 AM


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
May 12, 2023, 07:12 AM


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
May 11, 2023, 07:00 AM


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
May 08, 2023, 07:05 AM


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
May 03, 2023, 07:18 AM


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
May 02, 2023, 07:25 AM


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
April 28, 2023, 07:11 AM


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
April 27, 2023, 06:58 AM


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
April 25, 2023, 07:01 AM


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
April 24, 2023, 07:05 AM


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
April 24, 2023, 07:00 AM


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
April 21, 2023, 07:05 AM


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
April 19, 2023, 07:00 AM


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
April 18, 2023, 07:05 AM


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
April 05, 2023, 07:15 AM


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
March 30, 2023, 07:08 AM


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
March 29, 2023, 07:10 AM


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
March 28, 2023, 07:10 AM


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
March 24, 2023, 07:16 AM


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
March 23, 2023, 07:05 AM


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
March 22, 2023, 07:10 AM


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
March 17, 2023, 07:18 AM


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
March 16, 2023, 07:10 AM


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
March 09, 2023, 07:11 AM


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
March 03, 2023, 07:03 AM


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
February 23, 2023, 07:00 AM


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
February 22, 2023, 07:05 AM


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
February 21, 2023, 07:10 AM


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
February 17, 2023, 07:01 AM


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
February 16, 2023, 07:02 AM


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
February 15, 2023, 07:05 AM


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
February 14, 2023, 07:09 AM


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
February 09, 2023, 07:15 AM


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
February 06, 2023, 07:00 AM


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
January 27, 2023, 07:03 AM


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
January 25, 2023, 07:00 AM


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
January 24, 2023, 07:02 AM


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
January 23, 2023, 07:00 AM


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
January 20, 2023, 07:22 AM


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
January 20, 2023, 07:17 AM


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
January 06, 2023, 07:10 AM


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
January 03, 2023, 07:15 AM


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
December 29, 2022, 07:05 AM


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
December 28, 2022, 07:00 AM


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
December 22, 2022, 07:05 AM


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
December 21, 2022, 07:05 AM


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
December 15, 2022, 06:00 AM


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
December 13, 2022, 07:00 AM


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
December 06, 2022, 07:00 AM


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
November 30, 2022, 07:20 AM


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
November 23, 2022, 07:08 AM


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
November 22, 2022, 06:25 AM


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
November 17, 2022, 07:07 AM


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
November 16, 2022, 07:00 AM


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
November 08, 2022, 07:10 AM


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
November 03, 2022, 07:00 AM


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
October 28, 2022, 07:01 AM


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
October 27, 2022, 07:20 AM


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
October 27, 2022, 07:00 AM


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
October 25, 2022, 07:05 AM


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
October 25, 2022, 07:00 AM


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
October 24, 2022, 07:00 AM


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
October 21, 2022, 07:05 AM


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
October 20, 2022, 07:05 AM


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
October 19, 2022, 07:15 AM


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
October 05, 2022, 07:07 AM


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
October 03, 2022, 07:15 AM


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
September 29, 2022, 07:15 AM


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
September 26, 2022, 07:10 AM


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
September 23, 2022, 07:00 AM


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
September 21, 2022, 07:05 AM


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
September 21, 2022, 07:03 AM


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
September 16, 2022, 07:10 AM


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
September 06, 2022, 07:00 AM


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
September 01, 2022, 07:12 AM


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
August 29, 2022, 07:05 AM


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
August 25, 2022, 07:00 AM


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
August 24, 2022, 07:10 AM


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
August 23, 2022, 07:00 AM


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
August 08, 2022, 07:02 AM


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
August 03, 2022, 07:00 AM


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
July 27, 2022, 07:05 AM


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
July 25, 2022, 06:54 AM


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
July 22, 2022, 07:00 AM


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
July 21, 2022, 07:00 AM


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
July 18, 2022, 07:00 AM


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
July 15, 2022, 07:00 AM


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
July 06, 2022, 07:05 AM


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
June 28, 2022, 06:20 AM


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
June 22, 2022, 07:00 AM


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
June 21, 2022, 07:00 AM


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
June 10, 2022, 07:11 AM


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
May 31, 2022, 07:06 AM


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
May 26, 2022, 07:05 AM


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
May 25, 2022, 07:12 AM


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
May 25, 2022, 07:00 AM


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
May 24, 2022, 07:11 AM


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
May 19, 2022, 07:00 AM


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