Economic trends

ACT report says used prices rose again in June

ACT Research announced in its most recent state of the industry used truck sales report that Class 8 used truck pricing was up 5 percent in June compared to May and up more than 50 percent compared to the same period last year.

July 26, 2021

Indicators

Used market setting records as prices continue to swell

Price appreciation continued in the used truck market last month as the industry continues to reap the benefits from disjointed new truck production rates, J.D. Power reported Thursday.

July 16, 2021

Indicators

Used truck sales hamstrung by lack of inventory

Law of supply and demand has created a scarcity for used Class 8 truck sales, according to ACT Research’s State of the Industry: U.S. Classes 3-8 Used Trucks.

July 15, 2021

Indicators

Commercial truck sales top 230K units in first half

"We believe that sales in second-quarter 2021 were hampered by the lingering supply chain issues that have affected commercial truck production for months," says Patrick Manzi, NADA chief economist.

July 15, 2021

Outlook and Benchmarking

HDA Truck Pride brings the gang back together for busy annual meeting

Since holding its last annual meeting in April 2019, HDA Truck Pride’s network has expanded by more than 100 locations. Some existing members have grown dramatically, while eight new member companies have also added 15 storefronts to the group.

July 13, 2021

Indicators

New reports show more good news for future equipment sales

Supply chain challenges are viewed as the largest headwind for economic growth by both organizations, though each notes unyielding demand in many industries (particularly equipment) appears to signify an economy that should remain stable.

July 14, 2021

Indicators

OEMs unable to achieve major increase in trailer build rates

Orders are expected to set records once order boards for 2022 are opened. Trailer demand is expected to be sturdy throughout next year.

July 14, 2021

Indicators

FTR extends early bird conference price to in-person attendance

FTR has extended Early Bird pricing through July 16, 2021, to register for in-person attendance at its 17th Annual Transportation Conference Sept. 13-17.

July 12, 2021

Indicators

TMC/FleetNet America report spike in roadside events

TMC/FleetNet America's Vertical Benchmarking Program found an industrywide increase in the frequency of unscheduled roadside maintenance in Q1.

July 7, 2021

Indicators

New report pegs CV market to grow by 5 percent through 2028

Grand View estimates the global CV market will reach $1.82 trillion by 2028 with a compounded annual growth rate (CAGR) or 5.2 percent.

July 7, 2021

Indicators

Class 8 truck orders increase, Class 5-7 orders slip from May

Class 8 net orders in June were roughly 25,700 units, up more than 10 percent from May.

July 6, 2021

Indicators

Report: Light commercial vehicle market to garner $786.5 billion

The market is projected to garner $786.5 billion by 2030, manifesting a CAGR of 5.3 percent from 2021 to 2030.

July 1, 2021

Economic trends

FTR holding State of Freight webinar July 8

With transportation markets in upheaval for more than a year, hear from FTR experts on whether to expect the uncertainty to remain, or if growth will lead to sustained tightness as we head.

July 1, 2021

Indicators

Used Class 8 truck sales fell sequentially in May, while price, miles and age rose

Used Class 8 truck volumes were 12 percent lower month-over-month, but higher year-over-year easier COVID-impacted comparisons in 2020.

June 30, 2021

Indicators

Order book availability to determine when Class 8 orders pick up

ACT Research confirmed the May drop in Class 8 orders was the result of cluttered order boards and not falling demand, the company wrote Friday in its Commercial Vehicle Dealer Digest.

June 24, 2021

Indicators

Supply chain kinks unlikely to alleviate in 2021

The supply chain issues hitting OEM production lines have hit the aftermarket as well. And among those in the know, HDMA's Richard Anderson says market sentiment indicates things are going to continue to get worse until they get better.

June 23, 2021

Indicators

How long will equipment demand remain this strong?

With mid-year indicators showing equipment utilization and demand approaching levels never before seen, trucking analysts are working tirelessly to identify how long this current stretch of positivity will last.

June 23, 2021

Indicators

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

Page 1 of 188

Will the bipartisan infrastructure package reach the finish line?

A $1.2 trillion bipartisan agreement to invest in American infrastructure lost a cloture vote in the Senate Wednesday. What does that mean for its future?

Used market setting records as prices continue to swell

Finalists announced for 2021 Distributor of the Year

HDA Truck Pride brings the gang back together for busy annual meeting

Volvo to restart production amid contract impasse with UAW

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.

Download

Learn about CCC Parts Expanded Product Offerings

North America’s premier wholesale distributor of drivetrain & gearing components has expanded leading brand product offerings in Undercarriage & Suspension, Hydraulics, Brake & Wheel End plus more.