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Class 8 orders rebounded in May after falling below expectations in April, according to new figures released by ACT Research.
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Americas Commercial Transportation Research announced Jim Meil has joined the firm in the position of principal, industry analysis.
Read More →May's preliminary net order figures for Class 8 are the strongest since February, while Class 5-7 net orders slumped 27% compared to a very strong month in April.
Read More →Retail sales for Classes 5 through 8 in North American posted solid gains in April according to the latest State of the Industry report, recently released by ACT Research.
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Freight growth gives fleets confidence to buy, while low cancellations push backlogs to six months. Tankers are also up strongly, but lack of a highway bill could upset dump-trailer business.
Read More →April North America Classes 5-7 net orders are expected at 17,800 units and Class 8 net orders are expected at 24,400 units, when actual data are released mid-month.
Read More →UPDATED -- The volume of used Class 8 trucks sold in March rose 8% above February’s volume, according to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research.
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Preliminary numbers from two industry data analysts show the number of heavy and medium-duty truck orders in March were solid.
Read More →The average selling price for Class 8 trucks reached just over $44,400 in February, rising for a second consecutive month and setting a high-water mark, according to ACT Research.
Read More →New orders for Class 8 trucks in February increased 30% from the same time a year earlier while Classes 5-7 gained 18%, according to updated numbers from commercial vehicle industry data publisher ACT Research.
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