Indicators

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.

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

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

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

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

Used Class 8 sales drop 19 percent in October

“Same dealer retail sales of used Class 8 trucks fell in September, shedding 19% m/m,” says Steve Tam, vice president at ACT Research. He continued, “Used truck sales typically see a moderate increase in October, relative to September."

November 23, 2022

Used Heat Map 11 23 22

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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Cummins-Meritor better together slide

Cummins offers update on Meritor integration

During Meritor’s annual press luncheon at HDAW, Cummins-Meritor executives Alan Rabadi and Joe Mejaly were excited to unveil the future of Meritor, and how the integration is progressing. The mood was positive.

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

2023 HD Aftermarket Dialogue Government Affairs session

Washington gridlock could lead to more executive decision-making

HDAW makes space for women in heavy-duty aftermarket

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