Economic trends: Page 2

Trailer OEMs slashed month off backlog in February
Following last week's update on the backlog to build ratio for commercial trucks, ACT Research reported its most recent analysis of the backlog for commercial trailers on Tuesday.
March 28, 2023
Dry van trailer
ACT Research offers update on backlog to build ratios
ACT Vice President and Senior Analyst Eric Crawford says the Class 8 backlog to build ratio remains flat on a seasonally adjusted basis at 7.8 months. "Trucking industry demand rolls on seemingly unabated."
March 22, 2023
Total Class 8 NA Backlog and BL_BU Ratio February 2023
Trailer orders creep upward; below 2022 pace
ACT Research reported preliminary trailer orders of 25,800 units in February (seasonally adjusted to 25,600 units), 6% higher than January but down 5% year over year.
March 21, 2023
ACT Research preliminary trailer orders February 2023
ACT Research says used truck pricing falls despite steady volume
ACT Research announced Thursday preliminary Class 8 same dealer used truck retail sales volume managed a small gain, rising 2% month over month in February. Pricing was down 3 percent during the same period.
March 16, 2023
ACT Research used truck chart
Used truck prices continue February slide
Shifting volumes in the auction and retail sectors had little impact on the continued downward trend in used truck pricing, J.D. Power reported Wednesday in its March 2023 Commercial Truck Guidelines industry report.
March 16, 2023
Semi truck driving on highway in desert area
NTEA releases commercial vehicle market and outlook report
NTEA, along with S&P Global Mobility and Commercial Truck Trader, released the second edition of its new U.S. Commercial Vehicle Market Report Wednesday during Work Truck Week in Indianapolis.
March 8, 2023
Work Truck Week panel
Economists forecast stability for 2023 truck sales
This year is unlikely to a be record setter for medium- and heavy-duty truck sales, said the economists at the Work Truck Show Tuesday in Indianapolis.
March 7, 2023
NTEA’s Steve Latin-Kasper and Andrej Divis with S&P Global Mobility
Truck orders reverse trend, rise slightly in February
The new truck market bounced back a bit in February, recording preliminary Class 8 orders of approximately 23,000 units ACT Research and FTR reported recently.
March 3, 2023
FTR February 2023 truck orders
Inflation becomes top concern for suppliers
Inflation has moved to the top of “the big three” concerns for commercial vehicle suppliers, MEMA’s Richard Anderson reported Wednesday in the association’s monthly Pulse webinar.
March 1, 2023
Man looking at computer
Recent trailer forecast shows good news for industry demand
ACT Research reported this week in its most recent Trailer Components & Raw Materials Forecast that it anticipates demand will continue to exceed production capacity for most of 2023.
March 1, 2023
ACT Trailer backlog to build ratio
CMVC's part sales indicator falls again in sluggish market
“A soft economic landing would support sluggish growth in parts aftermarket sales, a recession, however, would change the parts aftermarket sales outlook to decreasing sales from slowing sales growth,” says Chris Brady, CMVC president.
February 28, 2023
CMVC report, February 2023
Used truck market slow in January
With only a few auctions on the calendar and suppressed retail demand due to customer preferences and new year depreciation corrections, the used truck market showed little change month over month in January, J.D. Power reports.
February 23, 2023
Navistar International tractor on the highway
ACT Research offers updates on new Class 8, trailer demand
ACT Research offered more insight into the state of Class 8 truck orders and trailer orders in two recently released reports.
February 21, 2023
Total Class 8 NA Retail Sales January 2014 - January 2023
TPS MarketPulse survey shows continued market softening
The independent aftermarket and dealer channels saw business conditions stumble to their lowest point of the 2022 during the fourth quarter, reported responders to our TPS MarketPulse quarterly survey last month.
February 20, 2023
TPS industry survey image
Trailer orders see minor, logical slip in January
“Nearly as soon as a build slot is available, there is a fleet ready to fill it with an order. Demand remains strong, and with the backlog-to-build ratio near the 10-month mark, on average, fleets needing trailers continue to stay the course.”
February 17, 2023
Preliminary trailer orders for January 2023 graph
Retail used truck volumes recovering?
Preliminary used Class 8 retail volumes (same dealer sales) increased 24% from December to January, ACT Research reports in its most recent State of the Industry used truck report.
February 16, 2023
Used retail Class 8 truck sales January 2023
Fed rate hikes unlikely to be 'aggressive enough' impact equipment demand this year
Despite a softening freight picture and higher financing expenses for truck buyers, ACT Research announced Monday it continues to anticipate healthy sales and build trends for Class 8 trucks this year.
February 13, 2023
Total Class 8 NA Backlog & BLBU Ratio
Price Digests releases 2022 used market analysis
Price Digests has published its most recent report addressing the used truck pricing volatility seen throughout 2022.
February 8, 2023
Price Digests heavy-duty truck prices
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