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Orders for Class 8 trucks in June were surprisingly high at 26,729 units after a solid May, according to new figures released by commercial vehicle industry data provider ACT Research.
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Medium and heavy duty vehicles represent less than 5% of the total vehicle market today, and the vast majority of these use conventional internal combustion engines powered by either gasoline or diesel. That is changing as less expensive alternatives to petroleum-based fuels, such as natural gas, liquefied petroleum gas and electricity make inroads in the market.
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FTR’s Trucking Conditions Index in May, at a reading of 5.74, reflects some headwinds affecting truck fleet results, according to this latest report from the transportation forecasting firm.
Read More →A new report finds that the nation’s rural transportation system is in need of modernization to address deficient roads and bridges, due in part to increased truck traffic, and suffer from high crash rates and inadequate capacity.
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The U.S. third-party logistics market gross revenue grew 3.2% from 2012-2013 and growth will be 5.2% for 2014 as the U.S. economy continues to expand.
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The amount of freight carried by the for-hire transportation industry rose 0.6 percent in May from April, rising for the fourth consecutive month, according to the U.S. Department of Transportation’s Freight Transportation Services Index released Thursday.
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The freight transportation forecasting firm FTR has released preliminary data showing June 2014 North American Class 8 truck net orders at 26,255 units, an impressive 41% year-over-year increase and the best June since 2005.
Read More →As negotiations continue for a new contract agreement covering 13,600 dockworkers at 30 ports stretching from San Diego, Calif., to Bellingham, Wash., a new shows the U.S. economy could lose as much as $2.5 billion a day if a prolonged West Coast port shutdown occurs.
Read More →The volume of used Class 8 trucks sold in May dropped 12% below April’s volume, according to the latest release of the "State of the Industry: U.S. Classes 3-8 Used Trucks," from commercial vehicle industry data provider ACT Research.
Read More →The trailer industry booked 22,300 net orders in the U.S. during May, according to new figures published by the commercial vehicle research company ACT Research.
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