Podcasts about act research

How will market changes shape your 2025 strategy? In Part 2 of the 2025 Market Outlook series, Mitchell Lewis, Founder & President of Fetch Freight, Tim Denoyer, Vice President Senior Analyst of ACT Research, and Brett Lankford, Director of Strategy & Innovation at Fetch Freight share the 2025 Market Outlook to help shippers make informed decisions in planning for 2025. 

How will market changes shape your 2025 strategy? In Part 1 of the 2025 Market Conditions series, Mitchell Lewis, Founder & President of Fetch Freight, Tim Denoyer, Vice President Senior Analyst of ACT Research, and Brett Lankford, Director of Strategy & Innovation at Fetch Freight look at freight forecasts and offer actionable insights to help shippers make informed decisions in planning for 2025. 

This week's guest is Tim Denoyer, VP and Senior Analyst at ACT Research.  Tim has been a financial analyst covering the transportation space for pretty much his entire career.  At ACT Research, he is the lead analyst in their transportation research effort and is the primary author of the ACT Freight Forecast, U.S. Rate and Volume Outlook.  In our conversation, we talked about the current state of the TL market, the rise of private fleets, and why he views it as “revolutionary change at an evolutionary pace.”  We also discuss automation versus Artificial Intelligence and the lag in productivity gains following the implementation of any technological innovation.  

Welcome to the Hit the Brakes podcast, where the seasoned logistics professionals at Fetch Freight dive into the top stories, market trends and can't miss topics about the supply chain. In this episode, Brett Lankford, Director of Strategy & Innovation ant Fetch Freight, and Tim Denoyer, VP & Senior Analyst with ACT Research, discuss some takeaways from Market Vitals: ACT's 71st Outlook Seminar. Tim and Brett discuss the Class 8 market, the role that private fleets have played in the out of cycle order volumes, the economic and market conditions and what that means for rate recovery and moving out of the bottom of the truckload cycle.  Please let us know if you have other questions to ask or topics to discuss! Visit⁠⁠⁠ fetchfreight.com⁠⁠⁠ and follow us on ⁠⁠⁠LinkedIn⁠⁠⁠ and ⁠⁠⁠Instagram.

Welcome to the Hit the Brakes podcast, where the seasoned logistics professionals at Fetch Freight dive into the top stories, market trends, and can't miss topics about the supply chain. This week, we are joined by Brett Lankford, Director of Innovation and Strategy at Fetch Freight, and Louis Baxley, Sales Manager at Fetch Freight. They both recently attended the ACT Research Market Vitals Seminar and are here to share their top takeaways. Please let us know if you have topics to discuss! Visit⁠ fetchfreight.com⁠ and follow us on ⁠LinkedIn⁠ and ⁠Instagram.

Our guest on this week's episode is John Lash, group vice president of product strategy at global supply chain platform, e2open. The EU has agreed to new environmental and social governance (ESG) rules within The Corporate Sustainability Due Diligence Directive (CS3D). This requires companies to act if their supply chains cause environmental damages such as toxic air, packaging and packaging waste or violate forced labor laws. But what will this updated call to action mean for corporate accountability? Everything seems to be getting more “high tech” these days. In our current issue, we take a look at how this trend is affecting sorters—which, of course, are keys to keeping warehouse and distribution center processes running smoothly and efficiently.Both shippers and carriers throughout North America know all too well that the truckload industry has been in the low cycle of a freight recession for nearly two years. There are basically too many trucks and not enough cargo moving to fill them all. However, we've lately gotten some indication that things are finally getting ready to turn around.  Supply Chain Xchange  also offers a podcast series called Supply Chain in the Fast Lane.  It is co-produced with the Council of Supply Chain Management Professionals.  Go to your favorite podcast platform to subscribe and to listen to past and future episodes.Articles and resources mentioned in this episode:e2openRevved up and ready to sortPoll sentiment improves among owner-operators and small fleetsACT Research: trucking sector upturn likely within a couple of monthsGet episode transcriptsVisit Supply Chain XchangeListen to CSCMP and Supply Chain Xchange's Supply Chain in the Fast Lane podcastSend feedback about this podcast to podcast@agilebme.comPodcast is sponsored by: Yale Lift Truck TechnologiesOther linksAbout DC VELOCITYSubscribe to DC VELOCITYSign up for our FREE newslettersAdvertise with DC VELOCITYTop 10 Supply Chain Management Podcasts

Carter Vieth of ACT Research explains how private fleet expansion and other factors are keeping the freight market depressed. But he does see brighter days ahead. Also, what do you do if you look at tax forms and other documents, and something doesn't look right? We'll get some advice from Shasta May of MBA Tax and Bookkeeping. And the spot market is showing signs of moving in the right direction, but the full impact of spring on freight is still a little way off. 0:00 – Newscast  10:00 – Private fleet expansion keeping freight market depressed 24:31 – Why you should double-check tax forms, other documents 39:55 – Impact of spring on freight still ahead

Welcome to Hit the Brakes podcast, where the seasoned logistics professionals at Fetch Freight dive into the top stories, market trends, and can't miss topics about the supply chain. In the final episode of our three-part series, 2024 Truckload Rates and Market Trends, we talk with Tim Denoyer, Vice President and Senior Analyst at ACT Research about what the coming year may look like in the industry. Please let us know if you have other questions to ask or topics to discuss! Visit ⁠⁠⁠⁠fetchfreight.com⁠⁠⁠⁠ and follow us on ⁠LinkedIn⁠ and ⁠Instagram.⁠ Additionally, our home for the podcast is now live on the Fetch site here: Hit the Brakes: The Can't Miss Topics in the Logistics Industry | Fetch Freight

Welcome to the Hit the Brakes podcast, where the seasoned logistics professionals at Fetch Freight dive into the top stories, market trends, and can't miss topics in the supply chain. In the second episode of our three-part series, 2024 Truckload Rates and Market Trends, we talk with Tim Denoyer, Vice President and Senior Analyst at ACT Research, about 2024 supply conditions. Please let us know if you have other questions to ask or topics to discuss! Visit fetchfreight.com and follow us on LinkedIn and Instagram. Additionally, our home for the podcast is now live here: Hit the Brakes: The Can't Miss Topics in the Logistics Industry | Fetch Freight

Welcome to the first episode of the Hit the Brakes podcast, where the seasoned logistics professionals at Fetch Freight dive into the top stories, market trends, and can't miss topics about the supply chain. This week, we are joined by Tim Denoyer, Vice President and Senior Analyst at ACT Research. In part one of our three-part series, 2024 Truckload Rates and Market Trends, we talk specifically about demand predictions and what the coming year may look like. Please let us know if you have other questions to ask or topics to discuss! Visit ⁠fetchfreight.com⁠ and follow us on LinkedIn and Instagram.

What do 4000 high school students have to say about AI in education? The ACT recently published the largest study I've seen on student perceptions and mindsets of artificial intelligence to date. The study explores quite a few different topics including how many students use AI, what types of AI, their perspectives on career and writing, and school conditions with AI. I talk with Jeff Schiel, Becky Bobek, and Joyce Zhou-Yile Schnieders from the ACT Research team.  SHOW NOTES JOIN THE CONVERSATION REGISTER FOR SEQUOIA CON & CHECK OUT MY LIVE SESSION (USE CODE: AICONVO FOR $50 OFF)

New figures on the number of new truck orders – plus other figures on the economy – may point to a better 2024. We'll hear from Kenny Vieth, president and senior analyst at ACT Research. Also, the U.S. Department of Labor has unveiled its final rule aimed at preventing companies from misclassifying workers as independent contractors. However, some have concerns that the rule may go too far – especially in trucking. Over the past few years, several attempts have been made to increase the required amount of insurance for motor carriers. Now, another attempt is officially underway. 0:00 – Newscast.  10:07 – Numbers point toward a better 2024. 24:49 – Does the new independent contractor rule go too far? 39:14 – New attempt to increase insurance requirements.

In this conversation, Vice President of ACT Research Ann Rundle and FreightWaves' Mary O'Connell sit down to explore the findings of the new ACT Research decarbonization forecast report, that sheds light on the projected emissions reductions, economic implications, and infrastructure challenges associated with the adoption of electric, hydrogen, and biofuel-powered commercial vehicles. Follow FreightWaves Podcasts Follow the Net-Zero Carbon Summit Attention tank truck industry carriers, private fleets, and suppliers: have you registered for this October's Tank Truck Week 2023? It's the largest tank truck event in North America for cutting edge innovation, powerhouse networking, and keeping up with industry trends and insights. Content and value for executives, safety, HR, maintenance, tank wash, purchasing, and more. Help drive the tank truck industry forward October 8th through 11th this year in Indianapolis, Indiana! It's worth sending a representative. Register today at www.tanktruck.org/tanktruckweek! LinkedIn: National Tank Truck Carriers Facebook: National Tank Truck Carriers, Inc. Twitter: @TankTruckAssoc Learn more about your ad choices. Visit megaphone.fm/adchoices

In this conversation, Vice President of ACT Research Ann Rundle and FreightWaves' Mary O'Connell sit down to explore the findings of the new ACT Research decarbonization forecast report, that sheds light on the projected emissions reductions, economic implications, and infrastructure challenges associated with the adoption of electric, hydrogen, and biofuel-powered commercial vehicles. Follow FreightWaves Podcasts Follow the Net-Zero Carbon Summit Learn more about your ad choices. Visit megaphone.fm/adchoices

Episode Notes Bruce takes the pod solo as he speaks to Peter Nesvold of Republic Capital Group, an investment banker, teacher and author. Peter talks about recent deals Republic Capital has been involved in, the current premium on getting into the wealth management business, and his overall sense of the marketplace now. Guest Bio: Peter Nesvold, a lawyer, CFA and CPA by background, is a multi-disciplinary finance executive with 25 years of Wall Street experience in the asset and wealth management industries. He is a partner at Republic Capital Group and the founder of Nesvold Capital Partners (NCP). Peter cut his teeth as a sell-side equity research analyst, rising to senior managing director at Bear Stearns in less than six years. Over the course of his sell-side career, Peter covered more than 50 companies and ranked in StarMine's “Best Analysts” poll across three industries. This versatility carried over to Peter's role as a portfolio manager/analyst at Lazard Asset Management, where he was one of three managers of the firm's SMid-cap product. During his tenure, the team grew AUM more than tenfold and earned Morningstar's coveted “five-star” rating. In 2013, Peter became Managing Director and COO of Silver Lane Advisors, a premier investment banking boutique specializing in the asset and wealth management industries. In this role, he managed business development and institutionalized the firm's business practices to support its exponential growth (i.e., revenues grew sixfold in seven years, firm was ranked #1 by deal volume in its vertical). In April 2019, Raymond James acquired Silver Lane and Peter subsequently departed to launch NCP, through which he acquired a substantial stake in Republic Capital, in addition to minority stakes in Stratos Wealth ($23bn AUM) and Pure Financial ($4bn AUM). Outside of work, Peter is an adjunct professor of corporate finance at Fordham and a fellow at the Gabelli Center for Global Security Analysis. He has published four books on M&A with McGraw-Hill and serves on the Board of Directors of Stratos Wealth and the Hampton Jitney (the iconic luxury motor coach carrier connecting Manhattan and the Hamptons). He previously served on the Board of Directors of the CFA Society New York (the largest CFA society globally with approximately 11,000 members) and served as a Business Advisory Director to ACT Research (a leading publisher of commercial vehicle industry data, analysis, and forecasting services). Peter graduated from the University of Pennsylvania (B.A., Economics with a concentration equivalency in accounting from The Wharton School) and Fordham Law (cum laude, Order of the Coif), where he was elected Editor-in-Chief of his law journal. He was previously a competitive long-distance runner, completing 19 full marathons. As one of the industry's largest and most experienced asset managers, we offer a focused lineup of competitively priced ETFs, mutual funds and separately managed account strategies designed to serve the central needs of most investors. By operating our business through clients' eyes, and putting them at the center of our decisions, we aim to deliver exceptional experiences to investors and the financial professionals who serve them.

Thomas Wasson - Loaded and Rolling Host - FreightWaves  Interview with Brittany Traylor, CEO and founder of TraylorTranspo LLC - Owner Operator for 5 years - started Traylor Transpo in 2020 - does open deck and power only, has assets and a brokerage, big point was focus on a niche - many owner ops chased dollar signs and not a sustainable business model, didn't set themselves apart - Newsletter stuff: - Fleet back-office jobs still in demand - EPA electric truck rules proposal draws concern - ACT Research data shows volumes, rates and capacity fell in April

Bruce takes the pod solo as he speaks to Peter Nesvold of Republic Capital Group, an investment banker, teacher and author. Peter talks about recent deals Republic Capital has been involved in, the current premium on getting into the wealth management business, and his overall sense of the marketplace now. Guest Bio:Peter Nesvold, a lawyer, CFA and CPA by background, is a multi-disciplinary finance executive with 25 years of Wall Street experience in the asset and wealth management industries. He is a partner at Republic Capital Group and the founder of Nesvold Capital Partners (NCP).Peter cut his teeth as a sell-side equity research analyst, rising to senior managing director at Bear Stearns in less than six years. Over the course of his sell-side career, Peter covered more than 50 companies and ranked in StarMine's “Best Analysts” poll across three industries. This versatility carried over to Peter's role as a portfolio manager/analyst at Lazard Asset Management, where he was one of three managers of the firm's SMid-cap product. During his tenure, the team grew AUM more than tenfold and earned Morningstar's coveted “five-star” rating.In 2013, Peter became Managing Director and COO of Silver Lane Advisors, a premier investment banking boutique specializing in the asset and wealth management industries. In this role, he managed business development and institutionalized the firm's business practices to support its exponential growth (i.e., revenues grew sixfold in seven years, firm was ranked #1 by deal volume in its vertical). In April 2019, Raymond James acquired Silver Lane and Peter subsequently departed to launch NCP, through which he acquired a substantial stake in Republic Capital, in addition to minority stakes in Stratos Wealth ($23bn AUM) and Pure Financial ($4bn AUM).Outside of work, Peter is an adjunct professor of corporate finance at Fordham and a fellow at the Gabelli Center for Global Security Analysis. He has published four books on M&A with McGraw-Hill and serves on the Board of Directors of Stratos Wealth and the Hampton Jitney (the iconic luxury motor coach carrier connecting Manhattan and the Hamptons). He previously served on the Board of Directors of the CFA Society New York (the largest CFA society globally with approximately 11,000 members) and served as a Business Advisory Director to ACT Research (a leading publisher of commercial vehicle industry data, analysis, and forecasting services).Peter graduated from the University of Pennsylvania (B.A., Economics with a concentration equivalency in accounting from The Wharton School) and Fordham Law (cum laude, Order of the Coif), where he was elected Editor-in-Chief of his law journal. He was previously a competitive long-distance runner, completing 19 full marathons.

LLN (3/15/23) – Are those signs of stability in the new and used truck markets? Maybe. Steve Tam of ACT Research walks us through the latest numbers in the new and used truck markets. Also, there is some good news for flatbed haulers, as demand is on the rise. And Marty Ellis is hearing about carrier shutdowns, including those who do it right – and those who don't do it so well. 0:00 – Newscast.  09:43 – Stability in the truck market? 24:03 – Good news for flatbed. 38:47 – Carrier shutdowns.

Class 8 truck orders rebounded in February, according to ACT Research. The orders in February hit 23,600 units, ending a month-to-month decline that started in October. Preliminary data from ACT showed orders rose 12% compared with the same period last year, when they reached 21,000 units. On a month-to-month basis, February orders jumped 28% from January.

Our guest on this week's episode is Ramesh Murthy, chief supply chain officer and executive vice president at Bob's Discount Furniture. Finding drivers for private fleets is extremely difficult. One way Bob's Discount Furniture is filling the ranks of its fleet is by reaching out to women drivers. In order to do this, the company had to create a culture where diversity is prioritized. It's worked for Bob's, as its retention rate is extremely high.More companies have been investing in robotics and automation to speed and improve their labor-intensive processes. We take a look at some projects that could serve as examples to the broader industry — especially for those who are just beginning to investigate making these kinds of investments. Sales and manufacturing trends for Class 8 trucks are currently quite healthy, thanks to pent-up vehicle demand and elevated carrier profits during the recent pandemic rush. We take a look at the truck manufacturing market and what the prospects are for the truck industry for the remainder of the year, despite the economic headwinds the general economy may face. DC Velocity's sister publication CSCMP's Supply Chain Quarterly  offers a podcast series called Supply Chain in the Fast Lane.  It is co-produced with the Council of Supply Chain Management Professionals. The third season of eight episodes has fully launched  and focuses on attracting and retaining labor in our supply chains.  Go to your favorite podcast platform to subscribe.Articles and resources mentioned in this episode:Bob's Discount FurnitureTruck builders enjoy healthy 2023 outlook despite economic headwindsPicking gets smartVisit DCVelocity.com for the latest news. Visit Supply Chain QuarterlyListen to CSCMP and Supply Chain Quarterly's Supply Chain in the Fast Lane podcastListen to Supply Chain Quarterly's Top 10 Supply Chain Threats podcastSend feedback about this podcast to podcast@dcvelocity.com.Podcast is sponsored by:  TGWOther linksAbout DC VELOCITYSubscribe to DC VELOCITYSign up for our FREE newslettersAdvertise with DC VELOCITYTop 10 Supply Chain Management Podcasts

North American Class 8 orders in January hit 18,400 units, which was down 13.6% from the same period last year when they were 21,300. That's according to Act Research. Supply chain issues early last year disrupted normal operations among truck makers, and orders didn't start picking up steam until about midyear. September peaked at an all-time record of 53,700 units, and orders have been steadily going down since.

Used Class 8 vehicle sales in December declined 2.4% from a year ago, but increased slightly from the prior month, ACT Research reported. The average retail sales price was $80,385 compared with $82,341 in the 2021 period, according to ACT. The estimated retail volume in December was 21,100 units compared with 22,800 a year earlier. But that is up from the 20,100 units sold in November.

Trailer orders surged to the second-highest level in more than 25 years, ACT Research recently reported. Net orders were 57,300 compared with 26,382 a year earlier. The all-time high is 57,790 set in September 2018. ACT reports there were 361,500 net orders placed in 2022, exceeding the previous year's level of 249,400. About 306,000 trailers were built in 2022, and ACT's projections point to a continued upward trend in 2023.

Preliminary North American Class 8 orders in December were 30,300, marking the fourth consecutive month of year-over-year gains, ACT Research reported. Year-ago orders were 22,800. Orders in 2022 had remained below 2021 levels until an all-time record for any month was reached in September. Final numbers for December are due later this month.

Trailer orders in November hit the second-highest mark this year, ACT Research reported. They were at 39,000 compared with 32,103 in November 2021. This year's best result was in August, with 47,860 orders. After snags in the supply chain for trailers over the past few years, the backlog-to-build ratios are near the 7.5-month mark, on average.

Trailer orders in November hit the second-highest mark this year, ACT Research reported. They were at 39,000 compared with 32,103 in November 2021. This year's best result was in August, with 47,860 orders. After snags in the supply chain for trailers over the past few years, the backlog-to-build ratios are near the 7.5-month mark, on average.

LLN (12/12/22) – Although things may be settling a bit, Steve Tam of ACT Research says the market for buying trucks is still topsy-turvy. He tells us where things stand now – and where they may be headed as we look ahead to a new year. Also, when it comes to insurance, having a hired driver on your policy can come with increased risk. Trina Skywalker of OOIDA's Truck Insurance Department explains what you should expect when getting a quote. And the U.S. Department of Labor has a proposal out to change how we define who is an employee and who is an independent contractor. But does it adequately protect owner-operators' ability to continue to do business? 0:00 – Newscast.  10:12 – Truck market. 25:03 – Hired drivers and insurance. 39:26 – Worker classification.

U.S. trailer orders in September just cleared 25,000 and, while down about 10% compared with a year earlier, were the highest since the first quarter, ACT Research reported. Orders reached 25,700, according to ACT, which cited trailer makers' initial reporting that will be revised. A year earlier net orders were 28,127. FTR revised its initial take on preliminary orders to 21,500 after first reporting them as 12,500 in an Oct. 17 release.

Kenny Vieth, president of ACT Research, talks about Class 8 vehicle production over the last decade, what causes the ups and downs in vehicle sales, and why trucking is not for the faint of heart. He also talks about the impact of housing and industrial production on trucking, what we can expect in terms of vehicle sales through 2027 and the impact upcoming emissions standards will have on the industry.

Class 8 orders set a new record in September, hitting 53,700 per truck makers' preliminary numbers. That's higher than the previous all-time top result of 53,040, set back in August 2018. Last year for this period, orders were just 27,155. ACT Research reported the Class 8 order backlog for North America at the end of August was at 197,000.

Class 8 orders set a new record in September, hitting 53,700 per truck makers' preliminary numbers. That's higher than the previous all-time top result of 53,040, set back in August 2018. Last year for this period, orders were just 27,155. ACT Research reported the Class 8 order backlog for North America at the end of August was at 197,000.

Class 8 orders hit their highest point so far this year in August, but they're still far behind last year's number. Orders reached 21,600, compared with 37,096 in the 2021 period according to ACT Research. That's also about 10,000 more than July's low order total. ACT's Steve Tam says this points to a truck manufacturer opening up its order board for 2023 orders, but didn't specify which company it is. Paccar already took that step in July.

Class 8 orders hit their highest point so far this year in August, but they're still far behind last year's number. Orders reached 21,600, compared with 37,096 in the 2021 period according to ACT Research. That's also about 10,000 more than July's low order total. ACT's Steve Tam says this points to a truck manufacturer opening up its order board for 2023 orders, but didn't specify which company it is. Paccar already took that step in July.

The average retail price of a used Class 8 vehicle in July inched past $90,000 to tower over the year-ago price, but it also dipped slightly from June to extend the market's ongoing softening, ACT Research reported. July's average retail price was $91,928 compared with $64,226 a year earlier. But it also was down 1% from June's $92,734 — the fourth consecutive sequential decline. ACT Vice President Steve Tam said the softer demand for used trucks comes as freight rates and the economy slow.

The average retail price of a used Class 8 vehicle in July inched past $90,000 to tower over the year-ago price, but it also dipped slightly from June to extend the market's ongoing softening, ACT Research reported. July's average retail price was $91,928 compared with $64,226 a year earlier. But it also was down 1% from June's $92,734 — the fourth consecutive sequential decline. ACT Vice President Steve Tam said the softer demand for used trucks comes as freight rates and the economy slow.

U.S. trailer orders in July roared ahead compared with a year earlier but slumped when measured against earlier months this year, ACT Research reported, citing trailer makers' final data. Net orders were 16,997 compared with the low of 8,128 a year earlier, when the supply chain was at its most disrupted, as one trailer maker executive said at the time.. July's order volume also was the second lowest this year. However, August orders may jump as some leading trailer manufacturers report they have opened or are about to open 2023 order boards.

U.S. trailer orders in July roared ahead compared with a year earlier but slumped when measured against earlier months this year, ACT Research reported, citing trailer makers' final data. Net orders were 16,997 compared with the low of 8,128 a year earlier, when the supply chain was at its most disrupted, as one trailer maker executive said at the time.. July's order volume also was the second lowest this year. However, August orders may jump as some leading trailer manufacturers report they have opened or are about to open 2023 order boards.

LLN (8/17/22) – Steve Tam of ACT Research says we are seeing things move in the used truck market. He joins us to talk about what the latest numbers tell us. Also, contract rates continue to decrease, which means we're into the next phase of the freight market cycle, where contract rates should decrease throughout the rest of this year and into next. We'll get the latest numbers on the Members Edge load board from DAT's Dean Croke. And we've all heard plenty about all the problems that can go with lease-purchase agreements – especially those run by carriers Yet Marty Ellis says more and more truckers continue to get involved with them. 0:00 – Newscast.  10:04 – Used truck market. 24:56 – Contract rates. 39:51 – Lease-purchase agreements.

Our guest on this week's episode is  Kenny Vieth, president and senior analyst at Americas Commercial Transportation Research Company - better known as ACT Research. He discusses his company's predictions of an economic recession in the first half of 2023 and how the trucking industry is already teetering on recession. What does this mean for freight markets, and what can companies do to survive and then prepare to thrive once the recession ends?Logistics firms are adopting 5G technology, but in a different way than consumers. Instead, they are  implementing private 5G networks that cover only their facility or port area. These secure networks provide fast data processing throughout the property.New research reveals how many companies are looking at their ERP (Enterprise Resource Planning) systems and what they want and expect from ERP vendors. Findings show it is very important to find a strategic long-term partner to help with implementation and ongoing support.DC Velocity's sister publication CSCMP's Supply Chain Quarterly  offers a podcast series called Supply Chain in the Fast Lane.  It is co-produced with the Council of Supply Chain Management Professionals. The second season has now launched and focuses on supply chain digitalization.  Go to your favorite podcast platform to subscribe.Articles and resources mentioned in this episode:Profit.coTrade groups applaud executive order on rail talksNearly nine out of 10 online shoppers will abandon their virtual shopping carts if they see poor delivery termsVisit DCVelocity.com for the latest news. Visit Supply Chain QuarterlyListen to CSCMP and Supply Chain Quarterly's Supply Chain in the Fast Lane podcastListen to Supply Chain Quarterly's Top 10 Supply Chain Threats podcastSend feedback about this podcast to podcast@dcvelocity.com.Podcast sponsored by:  SchneiderOther linksAbout DC VELOCITYSubscribe to DC VELOCITYSign up for our FREE newslettersAdvertise with DC VELOCITYTop 10 Supply Chain Management Podcasts

Net U.S. trailer orders in June rose to 25,444, ACT Research reported July 22. It was an increase of about 10,000 orders compared with the preliminary number issued only days before. At the time the preliminary order volume of 15,300 was released, four leading trailer makers told Transport Topics they had not opened their 2023 order boards. Three then confirmed that remained the case after the revised number was released, and the fourth one did not respond immediately to a request for comment. A spokesman for a fifth trailer maker, publicly traded Wabash, chose not to comment. Wabash has scheduled an earnings call for July 27.

Net U.S. trailer orders in June rose to 25,444, ACT Research reported July 22. It was an increase of about 10,000 orders compared with the preliminary number issued only days before. At the time the preliminary order volume of 15,300 was released, four leading trailer makers told Transport Topics they had not opened their 2023 order boards. Three then confirmed that remained the case after the revised number was released, and the fourth one did not respond immediately to a request for comment. A spokesman for a fifth trailer maker, publicly traded Wabash, chose not to comment. Wabash has scheduled an earnings call for July 27.

U.S. trailer orders in June fell to 15,300, by far the low point of the year, ACT Research reported, citing manufacturers' preliminary data. A year earlier, net orders were 10,952, according to ACT. FTR pegged June preliminary orders at 14,400. Dry vans made up half the orders in June, according to FTR''s Don Ake, and there is still room for refrigerated trailer orders, but not much for flatbeds or tanker trailers.

U.S. trailer orders in June fell to 15,300, by far the low point of the year, ACT Research reported, citing manufacturers' preliminary data. A year earlier, net orders were 10,952, according to ACT. FTR pegged June preliminary orders at 14,400. Dry vans made up half the orders in June, according to FTR''s Don Ake, and there is still room for refrigerated trailer orders, but not much for flatbeds or tanker trailers.

North American Class 8 orders fell to 14,000 units, ACT Research reported June 3, citing truck makers' preliminary data, as underlying conditions that held back order intake sharply in April were little changed. Orders a year earlier hit 23,072, according to ACT. The last time Class 8 orders were in the 14,000-unit range was February 2020. FTR pegged May orders at 13,300. Class 8 orders have totaled 270,000 units over the past 12 months, according to FTR.

North American Class 8 orders fell to 14,000 units, ACT Research reported June 3, citing truck makers' preliminary data, as underlying conditions that held back order intake sharply in April were little changed. Orders a year earlier hit 23,072, according to ACT. The last time Class 8 orders were in the 14,000-unit range was February 2020. FTR pegged May orders at 13,300. Class 8 orders have totaled 270,000 units over the past 12 months, according to FTR.

The average price of a used Class 8 truck reached $101,192 in April. But April dipped compared with March and its record price of $101,716, marking only the second month-over-month decline since July 2020. Used Class 8 sales in April essentially were level at 22,100 compared with 21,700 in the 2021 period, according to ACT Research, and lower compared with 25,200 in March.

LLN (5/11/22) – Summer goods, fresh produce, and construction materials are in high demand, and that's good news for the load board. Stephen Petit of DAT talks about the increase of freight. Also, “nutty” is one word Steve Tam of ACT Research would use to describe the current new and used truck market. He has others as well, and none of them are particularly encouraging if you're looking to upgrade or add on to your fleet. And the shape of the next session of Congress – and any trucking issues that come before it – will be shaped to a great extent by the primary elections now underway. 0:00 – Newscast. 09:59 – Used truck market. 24:53 – More freight on the boards. 39:35 – Primaries and the next Congress.

The average retail price of a used Class 8 vehicle has pushed past the $100,000 mark for the first time, ACT Research reported. In March, used Class 8 trucks sold for an average of $101,736, nearly double what they sold for a year ago, ACT said. Total sales climbed, too. ACT estimated used Class 8 sales in March reached 25,200 compared with 23,800 a year earlier. Fleets are not selling their used trucks at the normal pace because they can't replace them with new trucks, as truck makers continue to face persistent supply chain woes that have crimped production for many months.

The average retail price of a used Class 8 vehicle has pushed past the $100,000 mark for the first time, ACT Research reported. In March, used Class 8 trucks sold for an average of $101,736, nearly double what they sold for a year ago, ACT said. Total sales climbed, too. ACT estimated used Class 8 sales in March reached 25,200 compared with 23,800 a year earlier. Fleets are not selling their used trucks at the normal pace because they can't replace them with new trucks, as truck makers continue to face persistent supply chain woes that have crimped production for many months.

Show #1434 Good morning, good afternoon and good evening wherever you are in the world, welcome to EV News Daily, you trusted source of EV information. It's Wednesday 13th April, it's Martyn Lee here and I go through every EV story so you don't have to. REPORT: MADE-IN-TEXAS TESLA MODEL Y STARTS AT $59,990 - According to Drive Tesla Canada, new reports - based on Reddit posts and internal email sent to Tesla employees a week ago - reveal that Tesla will offer the first MIT cars at a price of $59,990 (USD), which would be some $3,000 less than the current price of the Model Y Long Range AWD. As we understand, it was also the price for those employees. - It's good news that the price is lower, but let's not forget that the new MIT version has also a slightly lower EPA range - 279 miles (449 km) vs 330 miles (531 km), assuming the same 19" wheels. Also, the acceleration is a bit slower - 0-60 mph in 5.0 seconds instead of 4.8 seconds. - Some of the numbers of the new Model Y were reportedly noted in the Tesla's website code In the comments: “Just looking at a couple factors, 85% of the range for 95% of the price doesn't seem like a good deal.” “The ID.4 has 280 miles of range for almost 1/2 the price.” with tax credit. Original Source : https://insideevs.com/news/579535/report-mit-tesla-modely-59990-price/ TESLA WILL RELEASE A CHEAPER MODEL Y WITH BIGGER BATTERIES SOON - This Model Y also includes a few features not seen on any previous trim level, such as a magnetic center armrest and a parcel shelf. Tesla reportedly delivered a handful of these EVs to workers at its "Giga Rodeo" event in Texas last week. - The 4680 cells are twice as large as Tesla's existing units, but they have five times the capacity. That lets Tesla either extend the range of its vehicles or use fewer batteries to maintain the same range, potentially shrinking costs. In the new Model Y version, they're implemented in a structural battery pack that should reduce complexity and weight, further improving efficiency. Original Source : https://www.engadget.com/tesla-model-y-standard-range-awd-new-battery-152038143.html TESLA CHANGES OFF-PEAK HOURS AT SUPERCHARGERS IN CALIFORNIA TO ENCOURAGE OWNERS TO CHARGE LATER - Tesla has announced that it is changing the timeframe of its off-peak hours at Superchargers in California to encourage owners to charge their cars later. - It was only a few years ago that Tesla owners didn't have to pay anything to stop and charge at a Supercharger station. In the early days of Tesla and electric vehicles, it made sense in order to create a seamless experience and encourage ease of travel as many were still on the fence about electric vehicles. - This week, Tesla announced an important change to its off-peak hours in California, its biggest market: - Starting April 12, 2022, off-peak hours will change at California Supercharger locations. Charge for less at select Superchargers before 11 AM and after 9 PM. Tap the Supercharger map pin in your in-car touchscreen to view specific rates and eligible sites. Navigate to your destination using Trip Planner and your battery will automatically precondition before you arrive. - Rates are different depending on the station, but they can often charge around $0.48 per kWh during peak hours versus $0.24 during off-peak hours. Original Source : https://electrek.co/2022/04/13/tesla-changes-off-peak-hours-superchargers-california-encourage-owners-charge-later/ TESLA ROADSTER RESERVATIONS REOPEN AHEAD OF 2023 PRODUCTION - Reservations for the next-generation Tesla Roadster have reopened after Elon Musk announced that the company would start production in 2023. - Anyone interested in a next-gen Tesla Roadster can reserve one on the company's official website. Tesla requires a $5,000 credit card payment for the Roadster due on the spot and a $45,000 wire transfer ten days after the initial order. The $5,000 credit card payment is fully refundable. Tesla does not state whether the $45,000 wire transfer is refundable, but reservations will not be final until the wire transfer is officially received. - The next-generation Tesla Roadster debuted in November 2017 Original Source : https://www.teslarati.com/2023-tesla-roadster-reservations-reopen/ FIRST DRIVE REVIEW: 2023 TOYOTA BZ4X EV IS SET AS THE SIDESHOW BUT UPSTAGES HYBRID HEADLINERS - it surprised us to hear that Toyota only plans to deliver about 7,000 BZ4Xs through the end of 2022 in the U.S., with an emphasis on California ZEV states at first but no guarantee the pace will accelerate. While Ford looks at 200,000 Mach-Es for 2023 split between the U.S. and Europe, and VW eyes 100,000 ID.4s in the U.S. in the next year or two? Record-scratch moment. - Toyota has owned California in hybrid sales, and it's hard to imagine it's not looking at the 60,394 Tesla Model Y SUVs registered in the Golden State alone in 2021 and seeing that it could catch up. - To put it in context a bit, that's a slower U.S. sales pace than the plug-in hybrid RAV4 Prime. - Both of the plug-ins are eligible for the full $7,500 EV tax credit amount for just a few more months. And for the time being, they both upstage those models without charge ports. Sorry, Toyota. Original Source : https://www.greencarreports.com/news/1135571_first-drive-review-2023-toyota-bz4x-ev-is-positioned-as-the-sideshow-but-upstages-hybrid-headliners 2023 TOYOTA BZ4X FIRST DRIVE REVIEW | TOYOTA'S FIRST REAL EV - Last summer, a whopping 40% of would-be electric vehicle buyers said they had heard of Toyota's EV. Of that, 21% said they considered buying it. Funny thing was, the 2023 Toyota bZ4X wouldn't be revealed for months, and we're just reviewing it now. In other words, all those people were keen on a car that didn't exist … which is more than those who had heard of the Chevy Bolt and Nissan Leaf, cars that actually existed for years. - there is very little revolutionary about Toyota's first from-scratch EV. You won't see any bladder-busting range numbers, wait-saving charge times or neck-snapping 0-60 sprints. This sucker is aimed straight at the average new car buyer rather than EV enthusiasts. You know, like the people who thought it was already on sale. - Well, the front-wheel-drive bX4Z actually has a different battery pack than the all-wheel-drive twins. Their capacities are similar at 71.4 kWh for FWD and 72.8 kWh for AWD, but they're in fact different packs produced by different suppliers. Why? The answer is demand, as in Toyota couldn't get enough of a single battery to supply all 13,000 or so Toyabaru EVs it intends to build for 2023. Original Source : https://www.autoblog.com/2022/04/12/2023-toyota-bz4x-first-drive/ SHORT SUPPLY MEANS A RIVIAN TRUCK NOW COSTS FERRARI MONEY Original Source : https://www.motorbiscuit.com/short-supply-means-a-rivian-truck-now-costs-ferrari-money/ TRUCK COMPANIES' ELECTRIC ENTHUSIASM DOESN'T EXTEND TO POLICY - Some of the world's largest truck engine manufacturers say they're all-in on electric vehicles. So why is their main trade group still lobbying against them? - Volvo said it would try to sell 50 percent of its heavy-duty trucks as EVs by 2030, and the company is trumpeting new models and sales figures. Daimler is touting investments in truck charging infrastructure along the West Coast and a million miles driven in its electric Freightliners. Navistar is making the case that its electric school buses can help slash greenhouse gases. - Yet the trade group they all belong to, the Truck and Engine Manufacturers Association, is arguing that federal and state rules intended to boost numbers of zero-emission trucks are too onerous. - EMA's president, Jed Mandel, said the demand isn't necessarily there. “Their customers haven't bought them yet, and there's no guarantee they will,” he said of Volvo and Daimler's plans. Mandel also argued that EPA's proposal creates more regulatory uncertainty because the agency had already settled on greenhouse gas standards through model year 2027 under the Obama administration, which he said are already “very challenging.” - Only about 6,000 of the roughly 4.5 million medium- and heavy-duty trucks on U.S. roads last year were battery-powered, according to ACT Research, a firm that does analysis and forecasting for the commercial vehicle industry. Most of them were buses, which typically make shorter trips than trucks. Original Source : https://www.politico.com/news/2022/04/12/truck-companies-electric-vehicles-00024587 Oral Statement from Truck and Engine Manufacturers Association: http://www.truckandenginemanufacturers.org/file.asp?A=Y&F=2022+04+12+EMA%92s+Oral+Statement+on+EPA%92s+Proposed+Heavy%2DDuty+Engine+and+Vehicle+Standards%2EPDF&N=2022+04+12+EMA%92s+Oral+Statement+on+EPA%92s+Proposed+Heavy%2DDuty+Engine+and+Vehicle+Standards%2EPDF&C=documents “What They're Saying: “Real Goal” is Zero-Emissions Future”. In an interview with CNN, Mandel added that zero-emissions technology “is coming and we want it to come,” and EPA's final rule should not “take away the investment needed for the real prize which is zero-emissions vehicles.” Source: http://www.truckandenginemanufacturers.org/file.asp?A=Y&F=What+They%27re+Saying+FINAL%2Epdf&N=What+They%27re+Saying+FINAL%2Epdf&C=documents Source: http://www.truckandenginemanufacturers.org/ WORLD'S GREATEST AUTO DISRUPTORS: SIX INNOVATORS SHAKING UP THE INDUSTRY Original Source : https://www.newsweek.com/2022/04/29/worlds-greatest-auto-disruptors-six-innovators-shaking-industry-1696993.html ELECTRIC CANNONBALL: TWO E-MOTORCYCLES TAKE ON US CROSS COUNTRY CHALLENGE   Original Source : https://thedriven.io/2022/04/13/electric-cannonball-two-e-motorcycles-take-on-us-cross-country-challenge/ BYD PLANNING THAILAND FACTORY AND RHD EXPORTS FROM THERE; FIRST EV WILL BE THE EA1 DOLPHIN Original Source : https://paultan.org/2022/04/13/byd-planning-thailand-factory-and-rhd-exports-from-there-first-ev-will-be-the-ea1-dolphin-report/ QUESTION OF THE WEEK WITH EMOBILITYNORWAY.COM With the Tesla Cybertruck coming sometime in 2023, will the current crop like Rivian, F-150 and Hummer steal the market? Or is the Tesla truck worth waiting for? Email me any feedback to: hello@evnewsdaily.com It would mean a lot if you could take 2mins to leave a quick review on whichever platform you download the podcast. And  if you have an Amazon Echo, download our Alexa Skill, search for EV News Daily and add it as a flash briefing. Come and say hi on Facebook, LinkedIn or Twitter just search EV News Daily, have a wonderful day, I'll catch you tomorrow and remember…there's no such thing as a self-charging hybrid. PREMIUM PARTNERS PHIL ROBERTS / ELECTRIC FUTURE BRAD CROSBY PORSCHE OF THE VILLAGE CINCINNATI AUDI CINCINNATI EAST VOLVO CARS CINCINNATI EAST NATIONAL CAR CHARGING ON THE US MAINLAND AND ALOHA CHARGE IN HAWAII DEREK REILLY FROM THE EV REVIEW IRELAND YOUTUBE CHANNEL RICHARD AT RSEV.CO.UK – FOR BUYING AND SELLING EVS IN THE UK EMOBILITYNORWAY.COM/ OCTOPUS ELECTRIC JUICE - MAKING PUBLIC CHARGING SIMPLE WITH ONE CARD, ONE MAP AND ONE APP 

North American Class 8 orders in March were just over 21,000 and kept pace with the levels over the past few months, ACT Research reported, citing truck makers' preliminary data. Heavy-duty orders, which will be adjusted later in the month, were 21,300. ACT President Kenny Vieth noted manufacturers are only reporting orders scheduled to be built within 12 months. “Long backlogs and supply chain-constrained production activity kept new-order activity trending within a narrow range,” Vieth said. In March 2021, net orders were 40,049, according to ACT. Transportation intelligence company FTR pegged this March's Class 8 preliminary orders at 21,500.

February's average retail sales price for a used Class 8 set another all-time record, besting January's previous high by jumping beyond $94,000, according to ACT Research. Company Vice President Steven Tam called February's $94,273 average retail price “incredible” compared with $51,494 a year earlier. January's price was $88,386. ACT also estimated used Class 8 sales in February were 21,900 compared with 20,700 a year earlier. In January, sales were 22,300.

U.S. trailer orders edged past 26,000 in February, keeping pace with the past few months, ACT Research reported. Preliminary data shows orders were 26,500 compared with 25,514 a year earlier, according to ACT, which noted the order pace that closed 2021 and opened 2022 continued for the third straight month in February. Net orders were 26,595 in January and 26,382 in December. Supply chain and staffing headwinds continue to challenge trailer makers in the face of what ACT termed extremely strong fleet demand for equipment.

Retail sales and orders for Class 8 trucks in February barely budged over January numbers. Sales reached 14,916, a tiny increase over January's total of 14,854, according to Wards Intelligence. Class 8 orders in February came in at 21,000, or essentially even with January's volume, according to ACT Research. But compared to a year ago February, numbers were down slightly for sales, 2.9%, and significantly for orders, by more than half. One analyst said it's the length of the backlog, not the order volume, that best defines the shape of the demand for new trucks.

January's average retail sales price for a used Class 8 truck burst past $88,000 to set a monthly record and post an 83.2% gain compared with a year earlier, ACT Research reported. The average retail price was $88,293 compared with $48,190 in the same 2021 period, according to ACT. January also was up from $82,341 in December, the previous high. Estimated sales were 22,300. That was up from 20,700 a year earlier and slightly less than December's 22,800.

Kenny Vieth may not have coined the term "the everything shortage" but the president and senior analysts at ACT Research has popularized it as his research firm tracks the topsy-turvy world of automotive supply chains led by semiconductor shortages. The inability of truck manufacturers to see what shortages are next or work around employee absences from COVID has led to canceled orders, massive backlogs and the near doubling of used truck prices in auctions. What does the road ahead look like? He is joined by FreightWaves Detroit Bureau Chief Alan Adler.Follow FreightWaves on Apple PodcastsFollow FreightWaves on SpotifyMore FreightWaves PodcastsJoin Global Supply Chain Week

Kenny Vieth may not have coined the term "the everything shortage" but the president and senior analysts at ACT Research has popularized it as his research firm tracks the topsy-turvy world of automotive supply chains led by semiconductor shortages. The inability of truck manufacturers to see what shortages are next or work around employee absences from COVID has led to canceled orders, massive backlogs and the near doubling of used truck prices in auctions. What does the road ahead look like? He is joined by FreightWaves Detroit Bureau Chief Alan Adler.Electric fleets are the future. Are you ready? Discover why ChargePoint is the right partner to take your operation electric to reduce fueling costs, eliminate emissions and help you turn e-mobility into a competitive advantage. Visit chargepoint.solutions/freightwavesFollow FreightWaves on Apple PodcastsFollow FreightWaves on SpotifyMore FreightWaves PodcastsJoin Global Supply Chain Week

Class 8 orders in January plunged compared with a year earlier to just above 21,000, and reflected the caution truck makers continue to exhibit in the face of ongoing supply chain difficulties and an already very lengthy backlog, ACT Research reported. Orders reached 21,300 compared with 42,307 a year earlier. A lack of semiconductors from Taiwan has caused median inventory held by chip consumers, including automakers or medical device manufacturers, to fall from 40 days in 2019 to less than five days in 2021.

LLN (2/2/22) – We'll take another trip to The Parking Zone with Tyson Fisher of Land Line Magazine, who tells us about some of the bad developments (looking at you, U.S. Department of Transportation) and some of the good (thanks, Washington state). Also, tried to buy a new or used truck recently? If you have, you know how hard is. Steve Tam of ACT Research tells us about the ongoing problems, how that's affecting truck buyers, and what the future looks like for the market. And yesterday, we told you about a hearing on automated vehicles and some of the issues that were expected to come up. That hearing has now taken place, and we'll have an update. 0:00 – Newscast. 10:04 – Troubles buying trucks. 24:41 – The Parking Zone. 39:20 – Automated vehicle hearing.

Class 8 orders in December were the second-weakest of the year. Production remained constrained by a bedeviling supply chain, which continued to make truck makers very careful about adding new orders to the pipeline, ACT Research reported. Preliminary net orders were 22,800, according to ACT, which will revise the net total when truck makers release the final adjusted figures. However, as was noted repeatedly in 2021, amid strong freight demand and robust rates, fleets have been and remain ready to order many more trucks — if they become available.

The average retail price of a used Class 8 vehicle in November bounced up 11.8% compared with the previous record just set in October and soared 67.8% higher compared with a year earlier, ACT Research reported. November's record average retail price was $80,769. A month earlier the average retail price for a Class 8 was $72,204. A year earlier it was $48,118, according to ACT. “We thought we were starting to see a little influx on inventory, then new retail sales in November were stinky. What can you do? If people aren't buying [new], they aren't trading in [old],” said ACT Vice President Steve Tam.

The average retail price of a used Class 8 vehicle in November bounced up 11.8% compared with the previous record just set in October and soared 67.8% higher compared with a year earlier, ACT Research reported. November's record average retail price was $80,769. A month earlier the average retail price for a Class 8 was $72,204. A year earlier it was $48,118, according to ACT. “We thought we were starting to see a little influx on inventory, then new retail sales in November were stinky. What can you do? If people aren't buying [new], they aren't trading in [old],” said ACT Vice President Steve Tam.

November was not a good month for Class 8 orders. According to ACT Research, orders plunged to 9,800, a 26-year low. Last year, in the month of November there were 52,104 orders. The truck order number encompasses all North American orders. It's the lowest November total since 1995 when orders only reached 7,923. Class 8 order backlogs extend deep into 2022, nearing 281,000 units, and the backlog-to-build ratio was 14.6 months.

November was not a good month for Class 8 orders. According to ACT Research, orders plunged to 9,800, a 26-year low. Last year, in the month of November there were 52,104 orders. The truck order number encompasses all North American orders. It's the lowest November total since 1995 when orders only reached 7,923. Class 8 order backlogs extend deep into 2022, nearing 281,000 units, and the backlog-to-build ratio was 14.6 months.

North American Class 8 orders in September dropped 11.8% compared with a year earlier, ACT Research reported. Truck makers struggled to match pent-up demand amid a badly out-of-kilter supply chain and a production schedule that continues to defy typical certainty. Orders slid down to 27,400 compared with 31,100 a year earlier, according to ACT, citing truck makers' preliminary data. FTR pegged preliminary net orders at 28,100.

August orders for Class 8 trucks in North America reached 36,900, ACT Research reported. That would be the highest monthly order total in five months. In August of 2020, orders reached just 19,500. FTR pegged preliminary orders at 39,400. FTR said OEMs remain cautious about fully booking all 2022 orders, as price negotiations continue with numerous fleets. In addition, manufacturers are still having difficulty scheduling production in the first quarter due to continuing uncertainties with the supply chain.

July sales of used Class 8 vehicles, along with the average price for a heavy-duty truck, rose year-over-year again, ACT Research reported. Sales were 22,800 units compared with 18,000 a year earlier and landed flat compared with June. The average price for a Class 8 in July was $59,377 compared with $40,666 in 2020. Last month's average price also fell from June's $61,219, which was the highest in ACT's 20-year history of record-keeping. Month-over-month, July's decline was the first since January.

Class 8 orders in June cleared 25,000 and bounced 61% higher than those placed a year earlier in the pandemic, ACT Research reported, citing truck makers' preliminary data. Orders reached 25,700 — the highest level since June 2018 — compared with 16,000 in the 2020 period. June's volume was expected, according to ACT, as the backlog of orders is essentially filled and production slots for 2022 are not fully open. FTR pegged preliminary net orders at 26,700. It said it expected orders to surge, possibly as early as July, when truck makers open the order boards.

The average sales price for a used Class 8 vehicle sold in May set the all-time record, jumping ahead of April's claim to that title, amid the trend of strong demand for trucks once again outpacing the available supply, ACT Research reported. The average price was $58,652 compared with $41,027 a year earlier — a price ACT revised from its initial estimate of $36,954 in the 2020 period after it subsequently added participants to its database. In April, the average price was $57,371.Sales hit 20,700 compared with 16,400 a year earlier when they were smacked down amid COVID-19.

The average sales price for a used Class 8 vehicle sold in May set the all-time record, jumping ahead of April's claim to that title, amid the trend of strong demand for trucks once again outpacing the available supply, ACT Research reported. The average price was $58,652 compared with $41,027 a year earlier — a price ACT revised from its initial estimate of $36,954 in the 2020 period after it subsequently added participants to its database. In April, the average price was $57,371.Sales hit 20,700 compared with 16,400 a year earlier when they were smacked down amid COVID-19.

The sales price for the average used Class 8 sold in April set an all-time record. It cleared $57,000, which is 50% higher than this time last year. According to ACT Research, which calculated the figure, the surge came even as demand slipped compared with the month before. The previous high was $55,000, set in 2015. Experts are predicting this year to remain a very strong one for prices.

The sales price for the average used Class 8 sold in April set an all-time record. It cleared $57,000, which is 50% higher than this time last year. According to ACT Research, which calculated the figure, the surge came even as demand slipped compared with the month before. The previous high was $55,000, set in 2015. Experts are predicting this year to remain a very strong one for prices.

Class 8 truck orders in April hit 33,500, ACT Research reported, and the volume underscored how far the industry has rebounded from a year earlier when orders were the lowest since 1995. ACT, citing truck makers' preliminary data, noted orders were 689% higher than the 4,251 in April 2020. The orders were 16% below the March number of 40,000 orders. The April orders also were the lowest since September, but that was to be expected, ACT President Kenny Vieth said. “The decline was strictly driven by the supply of open-build slots in 2021, rather than a change in new equipment demand,” Vieth said in a release.

Class 8 truck orders in April hit 33,500, ACT Research reported, and the volume underscored how far the industry has rebounded from a year earlier when orders were the lowest since 1995. ACT, citing truck makers’ preliminary data, noted orders were 689% higher than the 4,251 in April 2020. The orders were 16% below the March number of 40,000 orders. The April orders also were the lowest since September, but that was to be expected, ACT President Kenny Vieth said. “The decline was strictly driven by the supply of open-build slots in 2021, rather than a change in new equipment demand,” Vieth said in a release.

The average used Class 8 truck in March brought the third-highest price ever. That's the word from a new ACT Research report, which found demand raging on and supply remaining tight. The March price — $52,388 — was nearly $9,000 higher than at the same point in 2020. It also jumped up from $49,563 in February. ACT Vice President Steve Tam told Transport Topics that if the industry carries on at this clip, there will be an opportunity to hit a new all-time high. The current record was logged in 2015, when the average used Class 8 reeled in $55,000.

The average used Class 8 truck in March brought the third-highest price ever. That’s the word from a new ACT Research report, which found demand raging on and supply remaining tight. The March price — $52,388 — was nearly $9,000 higher than at the same point in 2020. It also jumped up from $49,563 in February. ACT Vice President Steve Tam told Transport Topics that if the industry carries on at this clip, there will be an opportunity to hit a new all-time high. The current record was logged in 2015, when the average used Class 8 reeled in $55,000.

Class 8 truck sales in March jumped 33.7% to 22,031 as all truck makers posted gains compared with a year earlier, according to WardsAuto.com. Freightliner led the way with a gain of nearly 48% to 8,839 trucks. Volvo was next with a 44% gain to 2,474 trucks. Peterbilt was third with better than a 41% improvement on sales of 3,181 trucks. This comes as ACT Research says the business conditions for trucking are the best it has seen in 35 years.

Preliminary North American Class 8 net orders in March came in at about 40,000 units, according to ACT Research. That figure is 424% higher than the COVID-impacted intake in March 2020. ACT Vice President Steve Tam characterized the March numbers as a retrenching from the more than 44,000 in February. But he noted that Class 8 demand was still showing excellent resiliency, even with supply chain constraints slowing production. Research group FTR found preliminary numbers to be similarly positive. Don Ake, vice president of commercial vehicles at FTR, said, “To have this level of orders roll in for half a year is impressive and unprecedented.”

North American Class 8 orders reached 43,800 in February, good for an astounding 212% increase over the same month in 2020. According to ACT Research, which published the information, the orders came as the U.S. economy showed strength in areas key to truck fleets' profitability. ACT President Kenny Vieth said that even without the potential boons of new stimulus or an infrastructure bill, near- to mid-term freight trends look very positive.

Based on January sales of used Class 8 vehicles, ACT Research is projecting a 6% increase in total sales this year compared to 2020. Roughly 20,700 used Class 8's were sold last month compared with 18,000 in the same period a year earlier. ACT Vice President Steve Tam expects demand to pick up in the coming months. In other news that reflects the demand, Ryder System announced it will purchase fleets' used commercial vehicles in a one-for-one leasing exchange.

North American Class 8 orders are off to a stronger-than-expected start in 2021. ACT Research reported 42,200 in January — a 146% improvement from a year earlier. The January figure is a 17% dip from December, but still reflects competition for truck makers' remaining build slots, according to ACT Vice President Steve Tam. His organization is expecting a 40% increase in production in 2021 compared with 2020. Tam told Transport Topics, “We as an industry need to recalibrate our expectations. Maybe we need to look higher.”

Fleets and dealers placed almost 52,000 Class 8 orders in November, the fourth-highest monthly volume in history. That's according to Act Research, which cited truck makers' preliminary data. North American orders reached 51,900, according to Act, about triple the volume of 17,512 last November. The record for Class 8 orders was 53,040, set in August of 2018. Orders were driven by a mix of pandemic-driven freight demand, soaring freight rates, aging equipment and many fewer available production slots.

U.S. trailer orders for October soared to 54,200, the third-best month in industry history, according to an ACT Research report. A year ago, orders were 31,786. The all-time record is 58,228, set in September 2018, with that October claiming the second-highest volume with 55,399. Frank Maly, director of commercial vehicle analysis and research at ACT, said, “Current production rates would result in industry backlogs extending into next July. Expect OEMs to adjust build rates upward to take advantage of this positive shift in fleet investment.”

COLUMBUS, Ind. — Preliminary North American Class 8 net orders in April fell to 4,100 units, down 46% from March and 72% lower than an easy year-ago comparison, according to information released May 5 by ACT Research. Complete industry data for April, including final order numbers, will be published in mid-May. “April represents the first full month of COVID-19 impacts on the trucking industry, and given broadly halted economic output leading to a sharp drop in freight volumes and rates, as well as more empty miles from fragmented supply chains further impacting carriers' profitability, a negative order number was within the realm of possibilities,” said Kenny Vieth, president and senior analyst for ACT Research. “We suspect that, as was the case in March, instead of canceling, order holders are content to move orders from close-in to later build dates, as they analyze the ongoing COVID impact,” he said. “From a seasonal perspective, April is a relative neutral Class 8 order month, and as such, seasonal adjustments adds little to actual data. On that basis, April was the weakest Class 8 order month since September of 1995, which actually produced a negative net order number.” ACT's State of the Industry: Classes 5-8 Vehicles report provides a monthly look at the current production, sales and general state of the on-road heavy- and medium-duty commercial-vehicle markets in North America. It differentiates market indicators by Class 5, Classes 6-7 chassis, and Class 8 trucks and tractors, detailing activity-related measures such as backlog, build, inventory, new orders, cancellations, net orders and retail sales. Additionally, Class 5 and Classes 6-7 are segmented by trucks, buses, RVs, and step van configurations. The Class 8 market is segmented into trucks and tractors, with and without sleeper cabs. The report includes a six-month industry build plan, a backlog timing analysis, historical data from 1996 to the present in spreadsheet format, and more. A first look at preliminary net orders is also published in conjunction with the report.

Columbus, Ind. — In the release of its Commercial Vehicle Dealer Digest, ACT Research reported that the North American commercial-vehicle market, as well as the global economy, addressed the spiraling pandemic with shutdown announcements, but the report continued by preparing readers for the restarting phase to come. The report, which combines ACT's proprietary data analysis from a variety of industry sources, paints a comprehensive picture of trends impacting transportation and commercial-vehicle markets. This monthly report includes a relevant, high-level forecast summary, complete with transportation insights for use by commercial-vehicle dealer executives, reviewing top-level considerations such as for-hire indices, freight, heavy- and medium-duty segments, the total US trailer market, used-truck sales information and a review of the nation's macro economy. “There has been a level of incrementalism to date in shutdown announcements by state and manufacturing entities, and generally speaking, to date we have seen one and two-week extensions to the initial timing of planned shutdowns, with many ‘playing this by ear',” said Kenny Vieth, ACT's president and senior analyst. “The immediate challenge, of course, is saving lives, but the next challenge is saving livelihoods, as the globe does not have the luxury of waiting a year or two for a , to be developed before the solution itself becomes the cause that risks lives.” Vieth elaborated on the subject of restarting the nation's economy, noting that “new layers of safety and testing protocols” will be needed “throughout an already complex supply chain, from the lowest to highest tiers and throughout the logistics and warehousing components, not just for new builds, but also for the aftermarket side of the business.” “It is one thing for the automotive/commercial/off-road industries to get supply chains up and running; it is another entirely to get buyers to market when the economy has so recently cratered and going outside poses an existential risk,” he said. Vieth concluded, “In a nutshell, the extent of the damage to the US economy will be directly proportional to the time it takes to bring the virus under control. Although no one really knows, with new COVID cases starting to level and vaccine trials underway, we hope that the herculean efforts of the past month or so have made a difference and life as we knew it can begin to return as the situation is de-risked.” ACT Research has created a COVID-19 Market Watch web page to track noteworthy high frequency macroeconomic and transportation-specific market indicators.

COLUMBUS, Ind. — Used Class 8 same-dealer sales volumes saw just a 1% drop month over month in March, with longer term sales rising 5% year over year compared to March 2019 (12% year to date), according to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research. The report also indicated that used Class 8 average price, miles and age in March were essentially unchanged compared to the previous month. Longer term, average price, miles and age all contracted year over year as well as year to date, down respectively from the first three months of 2019 by 15%, 1% and 7%. The report provides data on the average selling price, miles, and age based on a sample of industry data. In addition, the report provides the average selling price for top-selling Class 8 models for each of the major truck OEMs — Freightliner (Daimler), Kenworth and Peterbilt (Paccar), International (Navistar), and Volvo and Mack (Volvo). This report is used by those throughout the industry, including commercial vehicle dealers, to gain a better understanding of the used-truck market, especially as it relates to changes in near-term performance. Additionally, ACT Research has created a COVID-19 Market Watch web page to track noteworthy high-frequency macroeconomic and transportation-specific market indicators. “Dealers are reporting that there are more trucks than buyers, which is not new news. This has kept downward pressure on prices, particularly for late model aerodynamic sleepers,” said Steve Tam, vice president at ACT Research. “Some dealers are saying they just want to get rid of inventory and take their losses. Dealers had become accustomed to getting more money than what is normal for used trucks in 2018 and early 2019,” he added, “When trucks are overvalued, sellers can ask for higher pricing on their used trucks, as long as demand supports higher-than-normal prices. Unfortunately, when the market adjusts, taking big losses is the only solution. The good news for buyers in a falling used-truck market is that there are some very good bargains to be had.”