New truck orders stabilizing; Used Trucks Prices Dip Friday March 03, 2023 | Technology & Equipment February Class 8 orders were 22,800 units – a 13% increase from January and up 10% year over year, according to data from FTR, “Orders likely are below build rates for the month, and FTR would anticipate backlogs to slip slightly. However, backlogs remain at high levels and production slots are mainly filled through Q3 […]
ACT: Predicted US Recession to Dampen Class 8 Truck Market Thursday December 22, 2022 | Business Conditions, Technology & Equipment In the release of its Commercial Vehicle Dealer Digest, ACT Research reported that the longer inflation remains elevated, the more aggressively the Fed will respond with higher interest rates, increasing the chances of a sharper decline in economic activity, which will result in fewer commercial vehicles required to facilitate this subdued activity and likely exacerbate downward pressure on spot and contract rates.
New EPA Standards to Potentially Drive Largest Prebuy Ever: ACT Friday August 19, 2022 | Business Conditions, Environment & Fuel, Technology & Equipment ‘The Higher the Cost, The Bigger the Prebuy,’ is the tile of ACT’s North American commercial vehicle and transportation prebuy analysis, which anticipates the largest prebuy of trucks is on the horizon.
Natgas Truck Sales on the Rise, While Electric Draws More Interest: ACT Friday August 05, 2022 | Business Conditions, Environment & Fuel, Technology & Equipment North American natural gas truck sales in the U.S. and Canada rose 11% year-to-date through May, according to ACT Research.