According to ACT Research, early numbers for net orders of Class 8 trucks in December 2020 shows the fourth highest number in history. With net orders of 50,900 units, even with a 2% drop from November, these numbers are a 153% improvement from December 2019. This is good news for…
According to ACT Research, net orders for Class 8 trucks were 51,900 units in November. This was s 33% increase from October and a 197% improvement from November of 2019. Classes 5-7 were at a 9% decrease from October but up 78% when compared to November of 2019. All final…
ACT Research has shown that the preliminary orders for Class 8 trucks went up a substantial amount when compared to last year. Orders were at 31,100 in September, an increase of 60% from August and up 145% with a year-ago comparison. Class 5-7 vehicle orders also saw a good increase…
There are a couple of indices out there from June showing that the trucking market is on the rise. ACT Research’s For-Hire Trucking Index went from 50.2 in May to 70.4 in June. April’s number showed a steep low with 19.3. The American Trucking Associations’ seasonally adjusted For-Hire Truck Tonnage…
ACT Research has reported the dramatic drop in Class 8 truck orders in April, falling to 4,100 units. This number is down 46% from March and down 72% when compared to last year. This is just a preliminary report with the full report being available in mid-May. Click the link…
ACT Research has put out some information showing that Class 8 truck orders this last March are the lowest they’ve been since 2010. They have stated that the number of orders was around 7,800 which is 51% below what is expected year-over-year. During this health crisis, orders of anything except…
Dealers of used trucks are reporting that their inventories are going up and the prices have gone down. Used truck prices went down very slightly in August, the first decline since January 2018. This information comes from ACT Research’s State of the Industry: U.S. Classes 3-8 Used Trucks Report. This…