Economic trends: Page 2

J.D. Power: Summer closes out hot for used trucks

August’s Class 8 auction pricing was stable at a high level and retail pricing set records once again. What’s more, the medium-duty market was generally strong.

September 16, 2021

Trucks parked in a lot.

FTR reports trailer orders bounce back in August

FTR reports preliminary trailer orders bounced back in August to 15,100 units, a 79 percent increase from July, but still down 47 percent year over year.

September 14, 2021

Class 8 orders boom as 2022 build slots open

"The supply chain is still impacting the entire industry and Class 8 orders are no exception. It’s difficult to know how many trucks you can produce in the first quarter when many components, and especially semiconductors, are in short supply."

September 2, 2021

August 2021 Class 8 new truck orders

Auto service shops are buying less online, citing COVID-19

IMR reports independent repair shops’ use of public e-commerce websites to purchase parts has declined from 2020, with the most cited reason for this decline being the resolution of major parts delays caused by COVID-19.

September 2, 2021

Sourcing, COVID and staffing issues aren’t abating

Supply constraints, staffing, COVID’s Delta variant and vaccinations were all topics discussed during HDMA’s webinar on Pulse Survey results from its members.

August 26, 2021

COVID vaccine vial and truck

Used market same dealer sales have small hiccup in June

According to ACT Research, Class 8 used truck volumes were down 18 percent in July compared to June, but remained up 13 percent year to date. Pricing remains stable, down 3 percent month over month but up 46 percent compared to July 2020.

August 25, 2021

Used trucks from behind

Data shows trucking is thriving. How long will the good times last?

Despite incredibly impressive freight and commercial vehicle demand metrics in July, there are small underlying economic and societal issues that could slow trucking's fantastic year if they become more visible and impactful in the months ahead.

August 20, 2021

Trucks on highway

Used truck prices remain high in July, J.D. Power reports

Conditions are right for the used truck market to maintain its strong sales prices through the end of the year, and possibly have one of the best years in recorded history, J.D. Power reports.

August 17, 2021

Various used trucks on lot

ACT Research: Class 8 build rates step backward in July

Except for the asterisk that is COVID, economic strength is broad-based and concentrated in goods-related economic activity. However, Class 8 build rates tumbled.

August 18, 2021

Truck production

Report: Used truck inventory “trickling” into secondary market

Pricing will most likely peak around mid-year 2022, based on expected economic/freight activity and forecast supply and demand.

August 16, 2021

Used trucks parked in lot

FTR to cancel in-person annual transportation conference

FTR plans to unveil in the next few weeks, an enhanced series of FTR’s State of Freight and State of Equipment webinars.

August 16, 2021

Graphic of COVID stamp

Data indicates continued strength in freight, heavy truck demand

ACT Research’s latest release of the North American Commercial Vehicle Outlook reports strong freight data and continued demand for heavy vehicles.

August 12, 2021

ACT chart inventory and sales

Trailer orders continue decline in July

Dry and refrigerated van orders remained paltry, as OEMs are booked full for 2021 and not entering orders yet for 2022.

August 11, 2021

ACT chart for trailer sales

Status quo for Class 8 Vehicle orders, MD orders jump 30 percent

While order rates remain below the backlog-filling volumes of Q4 and Q1, 3- and 6-month annualized rates remain above the industry’s ability to produce.

August 4, 2021

FTR July new truck sales

Class 8 NG truck retail sales gained 19 percent YTD through May

“We’re seeing an overall increase in electric charging stations, but a continuing decline of total natural gas stations," says ACT Research's Steve Tam.

July 28, 2021

ACT Research VP Steve Tam

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

Group of trucks parked

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

Truck on isolated highway

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

Group of trucks parked

Page 2 of 189

VIPAR Heavy Duty President and CEO Chris Baer

VIPAR Heavy Duty gives organizational update at convention

The opening general session of the 2021 VIPAR Heavy Duty IMPACT Conference was filled with updates from leadership on projects and initiatives designed to strengthen the group's position in the industry.

FleetPride e-commerce

FleetPride debuts next-generation e-commerce solution

Technician under the hood

Selling customers on preventive maintenance programs

Finalists named for 2021 Successful Dealer Award

International redesigned medium-duty truck

International Truck launches newly designed MV series

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

Selling PMs: How to Attract New Customers

Fullbay’s new ebook shows you what data to gather and how to present potential PM services to your customers.