Economic trends

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

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ACT Research: Used Class 8 sales volumes, prices rise; much to like about CV demand

ACT reports there is much to like about the current state of the U.S. economy, as well as from both freight and commercial vehicle demand perspectives.

April 28, 2021

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Heavy-Duty truck market the best in 35 years

The current business environment for heavy-duty trucks doesn’t get much better, according to ACT Research.

April 26, 2021

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HDMA: Supply chain ‘not capable’ of meeting current demand

The Heavy Duty Manufacturers Association’s preliminary April results from its Pulse survey indicate supply chain problems continue to proliferate domestically and abroad.

April 22, 2021

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New trailer orders bounce back in March

New trailer orders ticked up in March and more than doubled from a year ago, reports ACT Research.

April 22, 2021

Act March New=trailer Orders

ATD's Truck Beat details market's strong opening quarter

New commercial truck sales rose to new heights in the first quarter, reported the American Truck Dealers (ATD) in its recent Truck Beat industry report.

April 20, 2021

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Reports: Shippers conditions index falls; Class 8 truck orders booming

FTR’s Shippers Conditions Index for February fell to its lowest point during the pandemic. Also, ACT Research reported the last six months of Class 8 truck orders nearly set a record.

April 20, 2021

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J.D. Power reports used truck prices rose greatly in March

The Class 8 used truck market had its best month of the year in March, with pricing jumping up nearly 22 percent in the auction channel and 4.7 percent in the retail channel, J.D. Power reported Friday in its April 2021 Commercial Truck Guidelines report.

April 16, 2021

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Used market hits again with strong March sales

The used truck hot streak continues. According to data released this week by ACT Research in its State of the Industry report, preliminary Class 8 used truck same dealer sales volumes were up 29 percent month over month and 31 percent year over year.

April 15, 2021

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March trailer orders top February and last year’s volume

The rebound indicates fleets continue their positive expectations for the remainder of this year and into the next, according to ACT Research.

April 15, 2021

Act March Trailer Orders

Berylls Strategy Advisors releases findings of “revolution” in trucking industry

Berylls Strategy Advisors recently completed a study highlighting "revolutionary changes" that will take place in the trucking industry over the next decade.

April 14, 2021

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Class 8 market 'about as good as any we have seen'

"From a commercial vehicle demand perspective, orders, from medium-duty trucks to heavy-duty tractors and trailers, remain elevated, and backlogs for tractors and van-type trailers, at current build rates, are beyond 12 months ...

April 12, 2021

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FTR: Class 8 March truck orders continue streak, exceeding 40,000 units

March orders were down 9 percent month over month but up more than 33,000 units than the pandemic-impacted March 2020.

April 5, 2021

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Fleets desire to reduce service outsourcing in 2021

Commercial Carrier Journal recently surveyed nearly 450 fleet professionals to uncover how commercial fleets have managed the rollercoaster of the past year and how their recent experiences have changed their vehicle maintenance practices.

April 5, 2021

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Despite growing supply chain challenges, Class 8 market stays hot

The monthly total marked the sixth consecutive month the Class 8 market has met the 40,000 unit threshold March’s total also was 424 percent better than March 2020, which marked the first month decimated by COVID-19 market conditions.

April 4, 2021

Lehigh Valley Mack

Aftermarket sales indicator bullish on coming months

CMVC says the upward trend in PLI has accelerated over the past three months, signaling the growth rate of commercial vehicle aftermarket parts sales will gain momentum in the coming months.

March 30, 2021

Used Class 8 sales volumes fell but price, miles, age rose

ACT Research reports used Class 8 volumes fell sequentially — a 7 percent drop month over month — while average sale price, miles and age were all higher than in January.

March 29, 2021

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Trailer orders dip in February, but remain strong over last year

“While orders will continue to be booked, without meaningful increases in production rates, backlogs will remain extended,” says Frank Maly, ACT Research.

March 25, 2021

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truck tech outside of dickinson fleet services truck

Outfitting the optimal mobile service truck

Properly outfitting a service truck is an essential step in building a viable mobile business. Sending a truck to a unit down customer for service can potentially shave hours or days off their downtime, but only if the truck and tech are prepared.

Daimler, Paccar, Utility Trailer hit with NHTSA recalls

Handshake Silhouette

How dealers can manage competition from customers

To help bring an end to the global chip shortage, engine and vehicle manufacturers have asked the Biden administration to focus more on addressing their needs for semiconductors.

Manufacturers call on Biden to fix chip shortage

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Fleets desire to reduce service outsourcing in 2021

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.