Economic trends

December used sales confirm year over year slump
ACT Research announced Thursday in its latest State of the Industry used truck report that used Class 8 retail sales volumes totaled 245,000 units last year, a 7.5 percent drop from the 265,000 units sold in 2021.
January 26, 2023
ACT Research used truck matrix
FTR confirms December trailer surge
FTR reported Monday that U.S. trailer net orders jumped in December, hitting a new monthly record of 56,949 units, which barely eclipsed the previous record set in October 2020.
January 23, 2023
FTR trailer orders December 2022 chart
Trailer orders ascend into stratosphere
Trailer orders boomed in December, ACT Research announced in the State of the Industry: U.S. Trailers report Wednesday.
January 19, 2023
December 2022 Net Trailer Orders ACT Research
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.
Day of Aftermarket Dialogue focuses on building a better future
Trucking suppliers and aftermarket experts looked into a crystal ball Monday at Heavy Duty Aftermarket Dialogue. Speakers said in many ways, the future is already here.
January 17, 2023
A group of people seated onstage at a conference.
Dealer used truck demand picked up in December
The used truck market might not be cooking like it was a year ago, but December's industry data shows things might not be as bad as they seem in all sections of the market.
January 15, 2023
ACT Research December 2022 used truck sales report
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
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
NTEA logo
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.
Trailer order backlog normalizing; demand still excellent in November
ACT Research's Jennifer McNealy says backlogs are “resuming growth in line with typical seasonality, as orders flow in as more OEMs open or expand their 2023 build slot offerings. We expect this trend to continue.”
December 29, 2022
Trailer backlog to build ratio
Used market volumes down nearly 20 percent
ACT Research confirmed the November dip in the retail used truck market last week.
December 25, 2022
Freightliner on the highway
HDAW to 'Shift, Adapt, Grow' at 2023's event
“We don’t like change,” says distributor co-chair Bill Betts of Betts Company and Betts Truck Parts & Service. “But we need to change to remain relevant.”
December 20, 2022
Logo that reads Shift. Adapt. Grow.
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.
Retail used truck pricing officially trending negative year over year
“The average retail used truck price has descended into negative year over year territory for the first time since August 2020. Welcome to the new normal,” says Steve Tam, vice president, ACT Research.
December 16, 2022
Class 8 used truck heat map for November 2022
Trailer market stays hot with big November
The trailer order surge that began in October continued last month. November orders were down just 17 percent from October's incredible high, says Jennifer McNealy, director, CV market research and publications, ACT Research.
December 16, 2022
November 2022 Prelim Net Trailer Orders
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 sees optimism for truck orders entering new year
“We are now more convinced that first half build rates will be sustained deeper into second half of 2023. The more hopeful view on inflation leads us to modestly raise our 2023 Class 8 build expectations,” says ACT's Kenny Vieth.
December 13, 2022
Truck plant
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