Outlook and Benchmarking

NTEA releases work trucks, truck equipment market data

The sixth edition of "U.S. Potential Sales of Work Trucks and Truck Equipment by Geographic Market" features data on 106 application markets in all 50 states, including 383 metropolitan areas.

January 31, 2023

MacKay & Company shares forecasts for 2023

“Some folks this morning said inflation is getting better,” MacKay & Company economist Dr. Bob Dieli says. “I beg to differ.”

January 18, 2023

A chart with green, yellow and red dots.

Carriers talk inventory, allocation frustration during Aftermarket Dialogue

Customers took center stage for a panel discussion to close out Heavy Duty Aftermarket Dialogue Monday in Grapevine, Texas.

January 17, 2023

Trio of white trucks on highway

Washington gridlock could lead to more executive decision-making

While there remains uncertainty as to how painful 2023 could be economically, Ann Wilson says there’s no debate about what to expect politically. Capitol Hill is heading for gridlock.

January 16, 2023

2023 HD Aftermarket Dialogue Government Affairs session

Aftermarket sales indicator shows choppy waters ahead

"Three of the six variables that make up PLI were negative in November and the factors that were positive, the improvements are slowing," says CMVC President Chris Brady.

January 12, 2023

CV Parts Aftermarket Sales Leading Indicator

FTR: Number of carriers will continue to fall as economy cools

“What is likely to happen is that we’re going to have some capacity loss,” Vise says. “As we lose drivers from these carriers that are failing, that is likely to be a driver population that we will lose.”

January 12, 2023

NTEA predicts shallow, short recession for 2023

“Personally, I think we probably keep growing the first and second quarter (of 2023) and have more difficulty in the second half of the year,” NTEA Senior Director of Market Data and Research Steve Latin-Kasper said in a webinar Wednesday.

January 11, 2023

ACT Research expresses market positivity new outlook report

The latest release ACT Research's North American Commercial Vehicle Outlook expressed mild optimism for the commercial vehicle sector in 2023 despite minor headwinds.

January 11, 2023

Trucks on a sunny highway

Research firms show orders moderating as 2022 closes

"December [seasonally adjusted] intake was 4% below the year-to-date monthly average heading into the month. On the surface, and when combined with a 26% month-over-month decline on an SA basis, that might suggest some weakening in demand."

January 5, 2023

A line of red trucks for sale.

DTNA Parts Director to discuss 2023 market outlook at HD Aftermarket Dialogue

Brad Williamson, director of Parts Marketing for Daimler Truck North America (DTNA), will join MacKay & Company's John Blodgett to discuss the 2023 market outlook for aftermarket parts at the upcoming Heavy Duty Aftermarket Dialogue.

January 3, 2023

Parts inventory decisions necessary as market conditions change

After two years of pinched supply chains and subpar fill rates forced distributors to increase their stocking levels, we asked distributors how normalizing business conditions will lead them to alter their stocking plans in 2023.

December 22, 2022

Blaine Brothers' associates in new PDC

J.D. Power says Class 8 retail was weak in November, auction pricing stable

Since the market correction began in the first quarter, trucks with 400,000 miles or less have barely lost any value, says Chris Visser, senior analyst and product manager, commercial vehicles.

December 16, 2022

Number of trucks retailed per dealership rooftop.

Research and Markets break down medium- and heavy-duty EVs

By 2030, 45.3 percent of medium- and heavy-duty trucks in North America and Europe will be electric vehicles, with the majority of those using eAxles.

December 14, 2022

A white and blue Class 8 truck in front of trees.

Rusty Rush emphasizes training, retention; sees 'little r' recession for '23

“Training is something that always evolves,” Rusty Rush says. “You think you get trained up and it’s over and it’s not. It’s a constant thing. We look at it as an investment.”

December 14, 2022

Three men. on a stage with microphones

ACT, FTR numbers show November Class 8 sales up over last year

"The market remains strong despite the economic uncertainties, and production still will be limited to some extent by supply chains and labor," says FTR CEO Jonathan Starks.

December 6, 2022

A line of new Class 8 trucks waiting on a lot. From left, they are white, red, and three gold ones.

Uncertainty clouds economic forecast for 2023

“Those big three of labor, supply chain and inflation are greater than any problems we see looming on the horizon, such as a recession,” says Richard Anderson, senior director of research and analysis at HDMA.

December 1, 2022

People working at a vehicle assembly line.

ACT continues to tweak 2023 equipment, economic forecasts

“Not only has the Fed telegraphed this aggressive stance, but economic data suggest the Fed has little choice. It is our view the Fed will continue on its course of tighter monetary policy,” says ACT Research President and Senior Analyst Kenny Vieth.

November 30, 2022

Trucks driving on the highway

Class 8 tractor dashboard falls for sixth time in seven months

"We think the dashboard readings suggest a better outcome for Class 8 than was the case in the last two downturns," says Kenny Vieth, ACT president and senior analyst. "While we suspect more negative readings are inbound, they are not here yet."

November 23, 2022

ACT Research tractor dashboard

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White truck going down long hill

Used truck depreciation intensified in December

With new trucks finally hitting highways en masse and dealers eager to get out from under excessive inventory by year end, the used truck market saw a large dip in price last month, J.D. Power reported in its January 2023 Commercial Truck Guidelines.

Mergers and acquisitions roundup

Dealers and aftermarket groups busy in new year

Cummins-Meritor better together slide

Cummins offers update on Meritor integration

GenNext has opened nomination period for its 4 Under 40 Awards

Weldon Parts wins 2022 TPS Distributor of the Year

Weldon Parts earns 2022 Distributor of the Year Award

Learn how to move your used trucks faster

With unsold used inventory depreciating at a rate of more than 2% monthly, efficient inventory turnover is a must for dealers. Download this eBook to access proven strategies for selling used trucks faster.

Used Truck Guide Cover

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