Posted on 27 August 2010 by Mryan
Like net trailer orders, Class 8 net orders fell 27 percent from June to July this year, but overall sales are trending upward, according to ACT Research’s State of the Industry: Classes 5-8 Vehicles report. Analysts attributed the month-to-month decline in part to seasonality. Medium-duty trucks showed the strongest improvement, up 100 percent from July 2009. As trucking company profitability continues to strengthen, Class 8 sales will Continue Reading
Posted on 27 August 2010 by Mryan
Though new trailer orders took a dip from June to July this year, industry analysts remain positive about the overall direction of the market. According to data from ACT Research, Co., last month’s numbers showed a 74 percent improvement over the same time last year. And the largest segment of commercial trailers, dry vans, saw something of a comeback with a 134 percent jump from July 2009. As far as the 9 percent decline in new orders from June to July, researchers say bear in mind the continued effects of a very weak 2009. Despite these tentative numbers, ACT Research showed the demand Continue Reading
Posted on 30 June 2010 by Mryan
Improving truck trailer orders mean increased production, but according to ACT Research Co. (ACT) backlogs are rising, as well. ACT’s latest State of the Industry: U.S. Trailers noted that backlogs jumped 10 percent in May. The good news for the industry and for the economy is that May’s trailer orders are up 59 percent from the same month last year. Even better, there are few order cancellations, according to ACT, because Continue Reading
Posted on 24 June 2010 by Mryan
Recent spikes in new truck sales may not be a sign of prosperity to come any time soon, according to various research firms, like Standard and Poor’s and FTR Associates and industry analysts. Now, FTR Associates is saying, that the jump may be the optimistic part of the rebound-then-fizzle-out sales cycle experienced in the 1982 recession. If that’s the case, truck sales have a hard road ahead to approach recent peak levels in the U.S. in Continue Reading
Posted on 19 May 2010 by Mryan
The latest North American Commercial Vehicle Outlook from ACT Research suggests increased Class 8 production in 2010 and 2011. Buoyed by a stronger economy and tightening capacity, Class 8 truck production is predicted to show a 19 percent year-over-year increase this year, followed by an anticipated 67 percent Continue Reading
Posted on 06 April 2010 by Mryan
Based on the latest month-to-month and year-over-year numbers, analysts at ACT Research Co., are optimistic that the increases indicate a tightening of truck capacity, which will lead to increasing freight rates and profitability for fleets. That in turn will boost demand for new trucks and trailers. In February, commercial trailer net orders hit their highest mark in Continue Reading
Posted on 18 February 2010 by Mryan
Industry analysts continue to point to mid-2010 as the point at which dramatic improvements needed to boost truck sales will take place. According to ACT Research Co. (ACT), the trucking industry will strengthen in the second half of the year, in turn boosting demand for commercial vehicles later in 2010 and into 2011. With used truck values increasing and finance firms less likely to extend credit to keep struggling carriers Continue Reading
Posted on 09 February 2010 by Mryan
Total net orders for Class 8 trucks have reached their lowest levels since July of 2002, giving some analysts hope that perhaps that number has hit bottom. While it may have reach the point at which it will post gains, market researchers tend to think it may have a lot more to do with the hefty price tags 2010-emission compliant equipment carries, not to mention the uncertainty Continue Reading
Posted on 04 February 2010 by Mryan
The outlook for growth in truck tonnage for 2010 is modest at best, according to trucking groups and research analysts, affected mostly by continued sluggish consumer spending and business investment. Still, they say, the trucking industry is headed in the right direction, albeit slowly. Anticipated modest increases will help move the Continue Reading
Posted on 27 January 2010 by Mryan
The boost in Class 8 truck orders to close out 2009 is being attributed to pre-buys before 2010 federal emissions standards take effect, as well as higher volumes from Mexico and other export markets. Net orders for December posted a 37 percent year-over-year increase, though numbers for the year were 33 percent Continue Reading