Economic trends

FTR confirms trailer order dip

FTR says van orders last month were particularly soft but vocational trailers remain sturdy as the industrial sector of the economy picks up steam. Trailer orders for the past twelve months total 368,000.

June 16, 2021

May 2021 trailer orders from FTR

Price appreciation throughout used truck space in May

"At this point, auction pricing for late-model sleepers is higher than any time in the six years we’ve been tracking our benchmark group, and retail pricing is at or above any period in the 12 years following the Great Recession."

June 16, 2021

Trucks parked to be sold

Used Class 8 sales volumes dip due to supply issues

ACT Research reported Tuesday preliminary used Class 8 volumes (same dealer sales) dropped 14 percent from April, but they remained 46 percent above the same period last year.

June 16, 2021

Trucks on highway

Trailer orders slip again, limited by build slots

ACT Research reported Friday trailer OEMs posted 8,800 net orders in May, off 39 percent versus April, but almost 170 percent better than the COVID-impacted level last year.

June 14, 2021

Trailer orders for May 2021

ACT says its tractor dashboard at peak levels; demand remains high

ACT Research announced Thursday its Class 8 tractor dashboard is illuminating nothing but positive indicators for the new truck market in the months ahead. ACT says this is the first time the dashboard has ever shown exclusively positive indicators.

June 10, 2021

ACT Research tractor dashboard

Fleets say uptime, safety, ROI top priorities when spec'ing new equipment

A new fleet sentiment survey from CK Commercial Vehicle Research (CKCVR) indicates today's commercial carriers believe improving vehicle safety and uptime are the most important factors when considering equipment to spec into a new heavy-duty truck.

June 7, 2021

Trucks parked on lot

Outlook and Benchmarking

FTR: Don't worry about falling order totals, equipment demand remains sky high

“The market is desperate for trucks, and we can’t get them.”

June 3, 2021

200922 Mack Md Series Production 1

Class 8 truck orders slow in May

Class 8 truck orders slumped from April to May but, as you might imagine, orders are up significantly from May of last year.

June 3, 2021

New trucks in lot

Supply constraints on 2021’s production potential

ACT Research reports the positive data at the macro level obscures an “uncomfortable truth.”

May 28, 2021

A line of trucks with their hoods open.

Finding inventory continues to be a challenge as used market stays hot

Used Class 8 truck same dealer sales prices were up 9 percent in April but volume fell by 3 percent as dealers continue to search for inventory to capitalize on an impressively strong market, ACT Research reported Wednesday.

May 26, 2021

Group of white used International trucks

Trailer orders fall to lowest total in 11 months

The new trailer order market has come back to earth; preliminary trailer orders fell to 14,400 units in April, ACT Research reports.

May 24, 2021

April 2021 preliminary trailer orders from ACT Research

HDMA Pulse Survey addresses supply issues, COVID-19

The positive COVID-19 metrics are improving and some suppliers are reporting less of an impact on current business plans caused by parts shortages.

May 20, 2021

Covid Vaccine Vial

J.D. Power: Used market 'rocks and rolls' during strong April

Used truck pricing was strong across all channels once again in April, posting similar prices to March and substantially higher than the same point last year, J.D. Power reported Tuesday.

May 18, 2021

Group Of Trucks Parked

ACT Research: Used Class 8 data show sales, prices up

On a year-to-date basis, average price is 30 percent above its year-ago level for the first four months of 2020.

May 14, 2021

Used Trucks Older

FTR: Despite recovery, economy not out of the woods yet

Despite general market positivity and great new equipment production rates, there are reasons to be nervous about how economy in the months to come, FTR reports.

May 13, 2021

Shutterstock 1251671188

Analyst says "This is perhaps the strongest freight market ever for carriers."

Freight volume, rates and capacity utilization all drove a record-setting month, despite poor fuel conditions.

May 13, 2021

Supply side constraints will keep the truckload market very tight in the near-term.

Maxim Truck & Trailer donates $5,000 to Thunder Bay food bank

A food bank in Thunder Bay received a $5,000 donation from Maxim Truck & Trailer to help provide food to food banks in Northwestern Ontario.

May 10, 2021

Volker Kromm, executive director of the Regional Food Distribution Association (on left) accepts a $5,000 donation cheque from Darrin Poulin, general manager of Maxim Truck & Trailer’s Thunder Bay branch office.

Class 8 truck orders remain strong despite dip in April

Despite a month-to-month decrease, April Class 8 orders remain dramatically higher than the same time last year, according to reports from ACT Research and FTR.

May 5, 2021

Shutterstock Trucks Parked

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Trucks parked on lot

Fleets say uptime, safety, ROI top priorities when spec'ing new equipment

A new fleet sentiment survey from CK Commercial Vehicle Research (CKCVR) indicates today's commercial carriers believe improving vehicle safety and uptime are the most important factors when considering equipment to spec into a new heavy-duty truck.

A young technician at work

Understanding young techs is vital to keeping them

200922 Mack Md Series Production 1

FTR: Don't worry about falling order totals, equipment demand remains sky high

East Penn driver behind the wheel of a heavy duty truck.

How to get the most out of your batteries

Group of white used International trucks

Finding inventory continues to be a challenge as used market stays hot

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

How to Grow & Scale Your Repair Shop

Ever thought about starting your own diesel repair shop? Fullbay’s expanded guide will show you the necessary steps to bring your new business into the world.