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News Stories (91 Results) - Kenny Vieth

According to ACT Research’s latest release of the North American Commercial Vehicle OUTLOOK, even before the pandemic plunge in Q2, there was never serious doubt that the demand for commercial vehicles would rise in 2021.According to Kenny Vieth... Read Story
November 12, 2020, 07:09 AM


Preliminary NA Class 8 net orders in October were 38,900 units, up 27 percent from September and a 78 percent improvement from year-ago October. NA Classes 5-7 demand jumped to a 10-quarter high (March 2018) in October, to 29,300 units. That order... Read Story
November 04, 2020, 07:00 AM


According to ACT Research’s (ACT) latest State of the Industry: NA Classes 5-8 Report, there are any number of concerns regarding the economy in coming months, but one thing that definitely can be crossed off the worry list is commercial vehicle... Read Story
October 20, 2020, 07:12 AM


According to ACT Research’s latest release of the North American Commercial Vehicle OUTLOOK, after pulling the cycle forward last month, ACT’s front of the cycle forecasts were marked up across-the-board again in October.According to Kenny Vieth... Read Story
October 12, 2020, 07:00 AM


Preliminary NA Class 8 net orders in September were 31,100 units, up 60 percent from August and a whopping 145 percent from an easy year-ago comparison. The NA Classes 5-7 market saw orders at a healthy 26,900 units, up 37 percent month-over-month... Read Story
October 05, 2020, 07:07 AM


In the release of its Commercial Vehicle Dealer Digest, ACT Research reported that an unforeseen robustness of the perfect storm of positives into late spring and summer, following the initial shock of COVID-19 shutdowns and other mitigation efforts... Read Story
September 28, 2020, 07:05 AM


According to ACT Research’s (ACT) latest State of the Industry: NA Classes 5-8 Report, the US economy is recovering from the early-year pandemic-driven shutdowns, but on a K-shaped trajectory, rather than the earlier speculated V, U or L-like paths.... Read Story
September 18, 2020, 07:00 AM


Preliminary NA Class 8 net orders in August were 19,500 units, down 4 percent from July, but up 75 percent from an easy year-ago comparison. The NA Classes 5-7 market saw orders at a healthy 19,400 units, up 16 percent month-over-month, but 2 percent... Read Story
September 03, 2020, 07:15 AM


According to the recently released N.A. Commercial Vehicle On-Highway Engine OUTLOOK, published by ACT Research and Rhein Associates, economic indicators in recent months suggest the worst of the COVID-19 impact is in the rearview mirror. The report... Read Story
September 02, 2020, 07:00 AM


According to ACT Research’s (ACT) latest State of the Industry: NA Classes 5-8 Report, the U.S. economy continued to post good numbers in July, including a 1.2 percent month-over-month increase in retail sales, indicating that consumers’ wallets... Read Story
August 19, 2020, 07:05 AM


Preliminary NA Class 8 net orders in July were 20,300 units, rising 27 percent from June, and up 98 percent from a very easy year-ago comparison. The NA Classes 5-7 market saw orders slip to 16,700 units, down 6 percent month-over-month and 3 percent... Read Story
August 05, 2020, 07:15 AM


According to ACT Research’s (ACT) latest State of the Industry: NA Classes 5-8 Report, May and June have returned to something closer to life as usual, following the shutdowns of March and April. “A survey of the current business landscape shows a... Read Story
July 20, 2020, 07:05 AM


Preliminary NA Class 8 net orders in June were 16,000 units, rising 139 percent from May, and up 23 percent from a very easy year-ago comparison, ACT Research reported. The NA Classes 5-7 market saw orders improve 77 percent month-over-month, despite... Read Story
July 06, 2020, 07:20 AM


According to ACT Research’s recently released Transportation Digest, the shock waves of the COVID-19 recession continue to depress both the North American and global economies, with June marking the fourth month of what will go down in the record... Read Story
June 25, 2020, 07:19 AM


According to ACT Research’s (ACT) latest State of the Industry: NA Classes 5-8 Report, the economy continues to re-open with some very big numbers being reported on easy comparisons, after falling sharply the past few months.“Hand-in-hand with the re... Read Story
June 18, 2020, 07:00 AM


Preliminary NA Class 8 net orders in May were 6,700 units, up 56 percent from April, but down 38 percent from a very easy year-ago comparison. Living up to its “steady” moniker, the NA Classes 5-7 market saw orders improve 5.3 percent... Read Story
June 03, 2020, 07:05 AM


In the release of its Commercial Vehicle Dealer Digest, ACT Research is predicting that the economy will transition from contraction to growth over the course of Q3 and Q4, acknowledging that after the current focus on saving lives will come the... Read Story
May 28, 2020, 07:03 AM


According to ACT Research’s recently released Transportation Digest, the COVID-19 pandemic is having its most severe impact on North American, and global, economic activity now. The report noted the extent of the shock was a near total surprise to... Read Story
May 26, 2020, 07:05 AM


According to ACT Research’s latest State of the Industry: NA Classes 5-8 Report, COVID-19 was in evidence across the commercial vehicle statistics in April, with Class 8 net orders at their lowest level since September 1995 and medium-duty orders at... Read Story
May 21, 2020, 07:15 AM


According to ACT Research’s latest release of the North American Commercial Vehicle OUTLOOK, 2021 is being forecast as the transition year, as the global economies and North American commercial vehicle demand move from COVID-19’s negative impacts... Read Story
May 13, 2020, 06:55 AM


Preliminary NA Class 8 net orders in April fell to 4,100 units, down 46 percent from March and 72 percent lower than an easy year-ago comparison. Complete industry data for April, including final order numbers, will be published by ACT Research in... Read Story
May 06, 2020, 07:20 AM


In the release of its Commercial Vehicle Dealer Digest, ACT Research reported that the North American commercial vehicle market, as well as the global economy, addressed the spiraling pandemic with shutdown announcements, but the report continued by... Read Story
April 29, 2020, 07:08 AM


According to ACT Research’s recently released Transportation Digest, the pervasive negative impact of the COVID-19 pandemic has forced a major downward shift on ACT’s views of the heavy duty market for 2020. However, the report also discusses what... Read Story
April 27, 2020, 07:20 AM


According to ACT Research’s latest release of the North American Commercial Vehicle OUTLOOK, the continued spread of COVID-19 over the past month has resulted in freefalling GDP assumptions, and by extension freight volumes, carrier profits and... Read Story
April 13, 2020, 07:10 AM


In the release of its Commercial Vehicle Dealer Digest, ACT Research reported that, starting in the second half of February, COVID-19 went from a China containment story to one of spiraling pandemic.“There are times when the world that you thought... Read Story
April 06, 2020, 07:00 AM


Preliminary NA Class 8 net orders in March fell to 7,800 units, down 45 percent from February and 51 percent lower than an easy year-ago comparison. March’s Classes 5-7 net orders were 14,700 units, down 36 percent from February and 31 percent from... Read Story
April 03, 2020, 07:25 AM


According to ACT Research’s (ACT) latest State of the Industry: NA Classes 5-8 Report, Class 8 inventory-to-sales ratio, seasonally adjusted, hit 3.5 months in February, while the Classes 5-7 inventory-to-sales ratio dropped from a “highest in a... Read Story
March 18, 2020, 07:15 AM


In the release of its Commercial Vehicle Dealer Digest, ACT Research reported that the new low NOx Advance Notice of Proposed Rulemaking (ANPR) will impact the U.S. commercial vehicle market, citing past regulatory examples.“Thanks to the EPA’s GHG... Read Story
March 06, 2020, 07:00 AM


According to ACT Research’s recently released Transportation Digest, key truck transportation metrics continued to give mixed signals in early 2020. Additionally, the report explained that the total medium duty market closed 2019 on a positive note... Read Story
March 05, 2020, 07:05 AM


Preliminary NA Class 8 net orders in February were 14,100 units, down 18 percent from January and 16 percent lower than an easy year-ago comparison. February’s Classes 5-7 net orders rose to an 11-month high 22,200 units, up 12 percent from January... Read Story
March 04, 2020, 07:00 AM


According to ACT Research’s (ACT) latest State of the Industry: NA Classes 5-8 Report, Class 8 inventories rose 3,400 units month-over-month in January, as production outpaced expectedly weak sales.“With the rise in inventory and weak sales, the... Read Story
February 19, 2020, 07:05 AM


Preliminary NA Class 8 net orders in January were 17,700 units, down 12 percent from December 2019, but up 10 percent from last January. Complete industry data for January, including final order numbers, will be published by ACT Research in... Read Story
February 05, 2020, 06:00 AM


According to ACT Research’s recently released Transportation Digest, truckload contract rates turned negative in the third quarter of 2019, down 2 percent year-over-year, and loaded miles per tractor fell 5 percent in the same period.... Read Story
January 27, 2020, 06:50 AM


According to ACT Research’s latest State of the Industry: NA Classes 5-8 Report, ACT projects that the US economy is poised to expand by 1.8 percent in 2020.ACT’s State of the Industry: NA Classes 5-8 report provides a monthly look at the current... Read Story
January 21, 2020, 07:15 AM


Preliminary NA Class 8 net orders in December 2019 were 20,000 units, up 14 percent from November and down just 6.5 percent from year-ago December, as the industry transitions to much easier year-over-year comparisons. Complete industry data for... Read Story
January 06, 2020, 07:16 AM


In the release of its Commercial Vehicle Dealer Digest, ACT Research noted that three factors are at work in the weak outlook for heavy commercial vehicles in the coming two years: demand, supply and timing. While some, like the oversupply of... Read Story
December 27, 2019, 07:10 AM


According to ACT Research’s latest release of the North American Commercial Vehicle OUTLOOK, expectations for the Class 8 and trailer production volumes have been trimmed for 2020, and expectations of a recovery starting in 2021 have been... Read Story
December 12, 2019, 07:05 AM


Preliminary November data show that Classes 5-8 net order volumes were uniformly soft. Combined North American Classes 5-8 intake fell 15 percent month over month and 38 percent year over year in November on a nominal basis, ACT Research reported.... Read Story
December 04, 2019, 07:09 AM


In the release of its Commercial Vehicle Dealer Digest, ACT Research noted expectations for the Class 8 and trailer markets anticipate an accelerating pullback in build rates, as freight market conditions remain at a low ebb. While less cliff-like... Read Story
December 02, 2019, 07:05 AM


Preliminary North America Class 8 net order data show the industry booked 22,100 units in October, up 74 percent from September, while Classes 5-7 orders fell 12 percent month over month, to 16,400 units, ACT Research reported. “The North American... Read Story
November 05, 2019, 07:20 AM


According to ACT Research’s (ACT) latest release of the North American Commercial Vehicle OUTLOOK, the key risk to all vehicle market forecasts, and the U.S. economy broadly, remains the trade war with China. With U.S. manufacturers and farmers... Read Story
October 15, 2019, 07:22 AM


Since early 2018, ACT Research’s forecasts have called for the up-cycle in the Class 8 market to run out of steam around the third quarter of 2019, according to ACT’s latest release of the North American Commercial Vehicle OUTLOOK.“Over the past... Read Story
October 14, 2019, 07:20 AM


According to ACT Research’s recently released Transportation Digest, the Class 8 market is moving from 2019 peak activity in sales and build into a significant correction next year. The medium-duty market remained soft in July, solidifying the... Read Story
October 01, 2019, 07:20 AM


According to ACT Research’s (ACT) latest release of the North American Commercial Vehicle OUTLOOK, the key risk to all commercial vehicle market forecasts remains the on-again trade war with China, but well-positioned consumers are keeping the U.S.... Read Story
September 13, 2019, 07:00 AM


According to ACT Research’s (ACT) latest release of the North American Commercial Vehicle OUTLOOK, expectations for the Class 8 and trailer markets anticipate an immanent pullback in build rates, as market conditions continue to deteriorate.“With no... Read Story
September 12, 2019, 07:00 AM


Preliminary North America Class 8 net order data show the industry booked 10,900 units in August, up nearly 6 percent from July, but 79 percent below last August’s best-ever order month, ACT Research reported.“Weak freight market and rate conditions... Read Story
September 06, 2019, 07:10 AM


In the release of its Commercial Vehicle Dealer Digest, ACT Research noted the heavy truck and trailer markets, and increasingly the medium duty market, are heading for corrections in 2020, even as the slow growth U.S. economic outlook remains... Read Story
September 03, 2019, 07:20 AM


According to ACT Research’s recently released Transportation Digest, Class 8 market indicators are divergent, with some at all-time highs even as other metrics point to coming weakness. The medium duty market measures are lower in the short-term, but... Read Story
August 30, 2019, 07:10 AM


According to the recently released N.A. Commercial Vehicle On-Highway Engine OUTLOOK, published by ACT Research and Rhein Associates, engines over 10L are projected to account for more than 85 percent of the Class 8 production between 2020 and 2024... Read Story
August 29, 2019, 07:00 AM


According to ACT Research’s (ACT) latest State of the Industry: Classes 5-8 Report, Class 8 market-leading indicators continue to erode, in concert with deteriorating freight volumes and rates, even as mid and downstream data points remain... Read Story
August 21, 2019, 06:58 AM


Preliminary North America Class 8 net order data show the industry booked 10,200 units in July, down 21 percent from June and the lowest monthly order tally since February 2010, ACT Research announced. “Weak freight market and rate conditions across... Read Story
August 05, 2019, 07:10 AM


According to ACT Research’s recently released Transportation Digest, the Class 8 market is on the cusp of a significant correction. At the same time, the medium duty market continued to confound in May, with forward-looking indicators deteriorating... Read Story
July 30, 2019, 07:00 AM


The latest release of ACT Research’s For-Hire Trucking Index, June data, showed nearly across-the-board declines, with capacity again the lone exception. The Volume Index dropped further into negative territory, falling to 43.2 (SA) in June, from... Read Story
July 22, 2019, 07:00 AM


According to ACT Research’s latest release of the North American Commercial Vehicle OUTLOOK, current Class 8 build rates may suggest upside to the 2019 forecast, but large new inventories and deteriorating freight and rate conditions suggest erring... Read Story
July 12, 2019, 07:00 AM


Preliminary North America Class 8 net order data show the industry booked 13,100 units in June, gaining 20 percent from May’s three-year low, but down a significant 69 percent from year-ago June’s very tough comparison, ACT Research reported. “Weak... Read Story
July 03, 2019, 07:00 AM


According to ACT Research’s recently released Transportation Digest, Class 8 retail sales and build are starting the summer at near-record high levels, but evidence supporting a change in direction continues to accumulate. At the same time, the... Read Story
June 24, 2019, 07:00 AM


According to the recently released N.A. Commercial Vehicle On-Highway Engine OUTLOOK, published by ACT Research and Rhein Associates, Class 8 production is expected to continue growing in 2019, before an anticipated drop late in the year and into... Read Story
May 31, 2019, 07:00 AM


ACT Research’s preliminary estimate for April 2019 net trailer orders is 14,500 units, the lowest since July 2017. It is down 7 percent from March and 38 percent below a year ago.“Order volume was soft in April for the second straight month. Several... Read Story
May 20, 2019, 07:00 AM


According to ACT Research’s latest release of the North American Commercial Vehicle OUTLOOK, slower freight growth, an easing of driver supply constraints, the resumption of the long-run freight productivity trend and strong Class 8 tractor fleet... Read Story
May 15, 2019, 07:00 AM


According to ACT Research’s latest State of the Industry: Classes 5-8 Report, March’s Class 8 metrics generally aligned with expectations, with the lone exception of cancellations, which continued to trend lower.“Data continue to tell the same... Read Story
April 19, 2019, 07:10 AM


ACT Research’s preliminary estimate for March 2019 net trailer orders is 15,600 units. Final volume will be available later this month.“It appears that the industry entered a bit of a holding pattern in March, as order volume declined significantly... Read Story
April 15, 2019, 07:05 AM


The latest release of ACT Research's For-Hire Trucking Index showed a downtick in volume, pricing and productivity, with the supply-demand balance continuing trend, loosening for the fourth consecutive month. The Volume Index returned to negative... Read Story
March 18, 2019, 07:05 AM


Preliminary North America Class 8 net order data show the industry booked 16,900 units in February, up a modest 5 percent from January, but down 58 percent from year-ago February, Act Research reported. “February marks the third consecutive month of... Read Story
March 06, 2019, 06:45 AM


ACT Research’s preliminary estimate for January 2019 net trailer orders is 25,800 units. Final volume will be available later this month.“While the industry had the weakest January order volume since 2016, it was still sufficient enough to generate... Read Story
February 21, 2019, 07:10 AM


According to ACT Research’s (ACT) latest release of the North American Commercial Vehicle OUTLOOK, yellow lights continue to flash for the U.S. economy, and by extension for the North American commercial vehicle industry.“While the outlook has less... Read Story
February 12, 2019, 07:00 AM


Preliminary North America Class 8 net order data show the industry booked 15,800 units in January, down 26 percent from December and 68 percent from year-ago January, ACT Research reported. “With near-record backlogs in both the medium and heavy-duty... Read Story
February 06, 2019, 07:06 AM


According to the recently released ACT Research’s Transportation Digest, the Class 8 truck market started 2019 with powerful positive momentum from a remarkable and record-setting 2018. In the Classes 5-7 market, the truck segment made yet another... Read Story
January 22, 2019, 07:15 AM


Preliminary used Class 8 volumes (same dealer sales) slipped for a second consecutive month in December (-7 percent), marking the first time since January 2016 that same dealer sales have fallen below 2,000 units, according to the latest preliminary... Read Story
January 15, 2019, 06:55 AM


Preliminary North America Class 8 net order data show the industry booked 21,300 units in December, down 24 percent sequentially from November and 43 percent from year-ago December, Act Research reported. “For all of 2018, Class 8 orders totaled... Read Story
January 07, 2019, 07:12 AM


At the top line, North American Class 8 net orders totaled 28,082 units in November, compared to build at 27,973 units, according to ACT Research.“As we move into the year’s home stretch, freight-related data points continue to shift from strong... Read Story
December 26, 2018, 07:20 AM


The Class 8 truck market continued to extend all-time records for backlog and cumulative annual orders, according to a recent release of ACT Research’s Transportation Digest. The medium duty market ran like a well-oiled machine in October... Read Story
December 20, 2018, 07:17 AM


The ACT For-Hire Trucking Survey Volume Index (seasonally adjusted) rebounded in October, to 55.9 from 51.8 in September, according to a recent release of ACT Research’s Transportation Digest. However, the report noted that this remains below the... Read Story
November 27, 2018, 07:10 AM


September marked the second consecutive month of moderating freight-related industry metrics, and early indications suggest the trend continued in October, according to ACT Research’s latest release of the ACT North American Commercial Vehicle... Read Story
November 12, 2018, 07:15 AM


Preliminary North America Class 8 net order data show the industry booked 43,600 units in October, up 1.9 percent sequentially from September, but only 21 percent from year-ago October, compared to recent year-over-year gains such as the 181 percent... Read Story
November 05, 2018, 07:05 AM


At the top line, North American Class 8 net orders totaled 42,781 units in September, a 19 percent decline from August’s all-time record, but still the seventh time in nine months in which industry orders cracked 40,000 units, according to ACT... Read Story
October 18, 2018, 06:00 AM


At the top line, North American Class 8 net orders totaled 53,069 units in August, marking the sixth time in eight months in which industry orders cracked 40,000 units and another record-setting month, according to ACT Research.“Robust orders in June... Read Story
September 24, 2018, 07:11 AM


Preliminary North America Class 8 net order data show the industry booked 53,100 units in August, breaking the all-time record set last month in another typically weak order intake month of the year, ACT Research reported. “Preliminary data indicate... Read Story
September 06, 2018, 07:30 AM


ACT Research’s preliminary estimate for July 2018 net trailer orders is 29,300 units. Final July volume will be available later this month. “After a steady June, fleets came roaring back into the market in July. OEMs had their strongest July net... Read Story
August 17, 2018, 07:05 AM


The latest release of ACT Research’s For-Hire Trucking Index showed the supply-demand balance falling to 54 on a seasonally adjusted basis in June from 60.9 in May. This reverses much of the April/May rebound, amid both softer volume and faster... Read Story
July 23, 2018, 07:05 AM


Preliminary North America Class 8 net order data show the industry booked 42,200 units in June, exceeding 40,000 units for the fourth time in six months, ACT Research reported.“Preliminary net order data indicate that demand for Class 8 trucks... Read Story
July 05, 2018, 07:00 AM


At the top line, North American Class 8 net orders totaled 35,608 units in May. While below the 492,000 seasonally adjusted annualized rate (SAAR) of first-quarter’s orders, May’s 478,000 SAAR continues the trend of order activity well above industry... Read Story
June 22, 2018, 07:00 AM


Preliminary North America Class 8 net order data show the industry booked 35,600 units in 2018’s fifth month, ACT Research reports.“Preliminary net order data indicate that demand for Class 8 trucks continued in robust fashion in May,” said Kenny... Read Story
June 05, 2018, 07:15 AM


Preliminary North America Classes 5-8 net order data show the industry booked 59,600 units in 2018’s fourth month, ACT Research reported. Complete industry data for April, including final order numbers, are to be published in mid-May.After the order... Read Story
May 03, 2018, 07:10 AM


Were it not for the frenzied ordering ahead of EPA’07 during the first quarter of 2006, the first quarter of 2018 would have ranked as the best quarter in history for North American Class 8 orders. Instead, this year's Q1 was No. 2, averaging 45,400... Read Story
April 23, 2018, 07:25 AM


The order onslaught continued in February, with NA Class 8 net orders falling from January’s second-best ever to a more pedestrian seventh-best 40,271 units, with backlogs rising in tandem, according to ACT Research (ACT). NA Class 8 net orders have... Read Story
March 23, 2018, 07:05 AM


The latest release of ACT Research’s For-Hire Trucking Index showed the fleet equipment purchase intentions are strong, that they have or plan to increase driver pay, and that they currently have power in contract negotiations with... Read Story
March 20, 2018, 07:00 AM


Act Research reports that for the month of July, 25,000 new Classes 5-8 vehicle orders were booked. Of those, Class 8 garnered 10,500 orders and for Classes 5-7, 14,500 orders were placed. Note that these numbers are preliminary. Final July numbers... Read Story
August 05, 2016, 07:28 AM


In 2015, diesel engines made up 98.5% of the North American Class 8 vehicle market, but the forecast expects this dominance to lessen by 2021, according to a new report by Americas Commercial Transportation (ACT) Research and Rhein Associates. The... Read Story
June 22, 2016, 07:05 AM


Americas Commercial Transportation (ACT) Research and Rhein Associates are pleased to announce the inaugural publication of a new cooperative venture, the N.A. On-highway CV Engine Outlook report. The Engine Outlook, available now, is designed to... Read Story
June 17, 2016, 07:07 AM


The supply of Class 8 trucks continues to rise faster than demand for trucks, according to the most recent ACT For-Hire Trucking Index from ACT Research.“The capacity index [supply] rose faster than the freight index [demand] for the seventh... Read Story
April 15, 2016, 07:26 AM


Weakness at the front end of the demand cycle for heavy duty commercial vehicles persisted into August, although underlying fundamentals are healthy. This updated status of the North America commercial vehicle market was included in the State of the... Read Story
September 21, 2012, 07:07 AM