Class 8 commercial vehicles see 15 percent annual gain in August, says ACT

Data published by ACT Research, a provider of data and analysis for trucks and other commercial vehicles, indicates that net orders of heavy-duty Class 8 commercial vehicles were up 15 percent year-over-year in August.

<p>Americas Commercial Transportation (ACT) Research, Co., LLC is the recognized leading publisher of commercial vehicle (CV) industry data, market analysis and forecasting services for the North American market.</p>

Americas Commercial Transportation (ACT) Research, Co., LLC is the recognized leading publisher of commercial vehicle (CV) industry data, market analysis and forecasting services for the North American market.

in the News

State of Logistics 2016: Pursue mutual benefit
ATA reports sharp decrease in Q4 truckload driver turnover rate
Challenges remain in store for shippers, says FTR SCI report
Florida East Coast Railway to be acquired by Grupo Mexico
Cat Lift Trucks awards $5,000 scholarship to high school student
More News
By ·

Data published by ACT Research, a provider of data and analysis for trucks and other commercial vehicles, indicates that net orders of heavy-duty Class 8 commercial vehicles were up 15 percent year-over-year in August.

The firm said in its most recent edition of its State of the Industry: Classes 5-8 Vehicles that for the three months ended August 31 net orders of Class 8 vehicles came in at 40,033—a 42 percent annual gain.

ACT Vice President Commercial Sector Steve Tam said in a statement that the “summer months tend to be seasonally low order months for Class 8 vehicles, but this summer has seen a stabilization of orders at a more material rate compared to the trough of 2009.

Tam added that net orders were particularly strong in Mexico, likely due to increases manufacturing and trade, as well as possibly benefiting from some “re-shoring” of manufacturing that previously occurred abroad.

This news follows a recent ACT release— ACT North American Commercial Vehicle Outlook— which is calling for full-year production of Class 8 vehicles to be up 26 percent—at roughly 150,000 vehicles—over 2009, with solid growth into 2011, too. ACT also said that commercial trailer production will increase by 47 percent this year.

“Based on our modeling and anecdotal evidence from truckers, it seems like the supply-demand imbalance, which has been tilted away from truckers for the last four years, has gone back to truckers…and we don’t see that abating,” said Ken Vieth, ACT partner and senior analyst, in an interview.

“This makes things worse for shippers and better for truckers in coming quarters.”

At current levels, Vieth said truck and trailer production is positioned to ramp up as fast as demand is. And with capacity still tight and current fleets aging in conjunction with a potential stretch of increased truckload earnings there could be some staying power for future truck production, he said.


About the Author

Jeff Berman, Group News Editor
Jeff Berman is Group News Editor for Logistics Management, Modern Materials Handling, and Supply Chain Management Review. Jeff works and lives in Cape Elizabeth, Maine, where he covers all aspects of the supply chain, logistics, freight transportation, and materials handling sectors on a daily basis. Contact Jeff Berman

Subscribe to Logistics Management Magazine!

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your entire logistics operation.
Start your FREE subscription today!

Latest Whitepaper
The View from the New “Single Window”
The single window, officially known as the "International Trade Data System," operates via the Customs and Border Protection (CBP) agency's Automated Commercial Environment (ACE) platform, and serves as a single point of contact for all trade filings.
Download Today!
From the March 2017 Issue
WMS vendors are stepping up to the plate and developing functionalities and solutions that meet the complex needs of today’s companies. Our top analysts take a peek into these developments and discuss the DC of the future and the software that will support it.
5 Supply Chain Trends Happening Now
2017 Warehouse/DC Equipment Survey: Investment up as service pressures rise
View More From this Issue
Subscribe to Our Email Newsletter
Sign up today to receive our FREE, weekly email newsletter!
Latest Webcast
2017 Trucking Regulations & Infrastructure Update
In this session our panel brings shippers up to date on the state of transportation regulations. Discussion will revolve around regulatory reform, aspects of the federal highway bill and what the transportation landscape looks like in the early days of the Trump administration.
Register Today!
EDITORS' PICKS
LM Exclusive: Major Modes Join E-commerce Mix
While last mile carriers receive much of the attention, the traditional modal heavyweights are in...
ASEAN Logistics: Building Collectively
While most of the world withdraws inward, Southeast Asia is practicing effective cooperation between...

2017 Rate Outlook: Will the pieces fall into place?
Trade and transport analysts see a turnaround in last year’s negative market outlook, but as...
Logistics Management’s Top Logistics News Stories 2016
From mergers and acquisitions to regulation changes, Logistics Management has compiled the most...