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A "capacity imbalance" continued to affect the North American Class 8 tractor market, reflected in May North American commercial truck order numbers as reported by ACT Research.
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Commercial trailer demand dropped in May compared to the previous month’s orders as part of a seasonal slowdown, according to the latest projection from ACT Research.
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Both heavy- and medium-duty truck orders are projected to have a subdued May, according to preliminary numbers from ACT Research and FTR.
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Used Class 8 same-dealer sales volumes fell in April, ending an upward trend from the past few months, according to the latest numbers from ACT Research.
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ACT Research characterized truck orders in April as "more of the same," as Class 8 orders fell 16% from the previous month and 39% compared to last year.
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Trailer orders increased in the month of April, gaining 15% over the previous month thanks to the dry van and refrigerated trailer markets.
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The supply of Class 8 trucks continues to rise faster than demand for those trucks, according to the latest ACT For-Hire Trucking Index released by ACT Research Co. LLC.
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Class 8 truck orders are projected to fall for the fourth month in a row, highlighting a weaker freight environment in the trucking industry, according to preliminary numbers from ACT Research and FTR.
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Retail sales of U.S. and Canadian natural-gas powered Class 8 trucks improved modestly in February after getting off to a slow start in 2016, says ACT Research.
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The supply of Class 8 trucks continues to rise faster than the demand for those trucks, according to ACT Research Co.’s most recent ACT For-Hire Trucking Index.
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