
Net trailer orders in September rose nearly 47% over the previous month, hitting almost 36,000 units, according to a report by ACT Research.
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The used Class 8 truck market showed mixed results in September with same-dealer sales inching closer to the six-month volume average, according to a recent ACT Research report.
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There were 19,400 Class 8 truck orders booked in September, slightly down from August but coming closer to a “more sustainable pace," according to ACT Research.
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One day the Federal Reserve will raise interest rates – perhaps as early as this fall. But what will this mean for trucking?
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The last few years have been good for suppliers and as new technologies have driven up the value of components.
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While a lot of rail freight is not growing, rail intermodal is growing according to an analyst at ACT Research.
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After a strong end to 2014 and early 2015, the truck market has softened. With several unknown factors like regulations and fluctuating economic conditions, it looks like this trend may continue for a while.
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At least one economist is feeling good about the U.S. economy. Speaking at the 53rd ACT Research seminar Tuesday, Augustine Faucher, senior economist for PNC Financial Services Group, told the audience that the market “continues to look good for U.S. produced goods.”
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Used Class 8 volumes in August fell slightly from July but gained compared with last year’s numbers, according to the latest report from ACT Research.
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There were 20,200 Class 8 truck orders in August, beating projections from earlier in the month but well below last year’s numbers, according to ACT Research.
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