truck orders

Stephens investment conference trucking equipment highlights Supply chain challenges were the main focus at the Stephens annual investment conference earlier this month in Nashville, Tennessee. Executives said driver recruiting and […]

Many carriers expanded their fleets after the 2018 freight boom and were rewarded with an extremely challenging oversupplied market in 2019. The current pattern looks eerily similar to early 2018, but are they comparable?

One of the results of the 2017-18 freight market boom was an increase in the cost of operating that held over into a slower 2019 when capacity became abundant. Costs are on the rise once again as carriers struggle to find drivers to capture market share.

In today’s edition of The Daily Dash, truck drivers are driving faster this holiday season. Plus Gatik plans to remove drivers from its vehicles in 2021 and New Year’s resolutions for fleets looking to reduce their risk.

Andrew Cox and Seth Holm debate the resurgence of bitcoin and the value of buying new trucks as a fleet.

The Q3 pattern for truck makers continued at Daimler Trucks with orders recovering dramatically from the second quarter but sales and earnings trailing because deliveries fell due to the pandemic.

In today’s edition of The Daily Dash, OOIDA will back FMCSA in a lawsuit defending hours-of-service changes. Plus, regional carriers could see a strong holiday season and equipment orders are up and that could complicate 2020 rate forecasting.

Market Expert Mike Baudendistel looks at the prospects for the truck original equipment manufacturers in 2020.

Why are Class 8 orders a deeply cyclical, lagging indicator of truck demand?

Volvo Group reported a significant jump in its fourth-quarter income, but truck orders and net sales declined compared with 2018 numbers.

Trailer orders are plunging during the month of June.

The data that can be gathered from a truck’s telematics has caused a shift from selling trucks as products to selling trucks as solutions to owners’ issues.

National spot market price movement has a surprisingly tight relationship with new truck orders.

Capacity is still being added to the market. Truck orders numbers for both new and used models support this.

ACT Research is forecasting 335,000 truck orders in 2019, but a sharp dropoff in 2020.

ACT Research: NA Class 8 orders totaled 490,100 units in 2018.

The numbers year-on-year are still way up, but there’s been a definite sign of some slowdown.

North American Class 8 net orders came in around 42,800 units in September, falling 19 percent from August’s 53,069 units, according to preliminary data released by ACT Research.

Werner Enterprises (NASDAQ: WERN) presented a market update at Morgan Stanley’s 6th annual Laguna conference on September 12, where John J. Steele made his predictions for the upcoming peak season and addressed issues and solutions related to the capacity crunch, e-commerce, and the potential impacts of Hurricane Florence on the market.

The monthly numbers of ACT and FTR on class 8 builds set new records; a Goldman Sachs report tries to measure the number of scrubbers that will be used for meeting IMO2020 standards.

The story is clear: sales of all U.S. trucks has trended up for most of the year, new and used.

Fleets ordered 41,800 new trucks in the month of June, making last month the busiest June on record. OEM stock prices rose on the news, and their order backlogs continued to lengthen.

North American Class 8 truck orders have soared to an all-time high, according to preliminary data from May.

New truck orders in May have doubled YOY; Navistar takes $50M in profits in Q2; the Permian Basin is out of workers; coal export volumes by rail are better than expected; air freight rates up 22% YOY; housing prices expected to outstrip inflation and wage growth.

Used truck prices strengthen; trailer orders go crazy; Arizona suspends Uber self-driving; Canadian National trades at 52-week lows; aftermath of Harvey still affects Houston tanker traffic; Philadelphia freight market is heating up.

Truck orders and tonnage both posted strong gains in January suggesting there is no immediate end coming to the good times.

What exactly is going on with all these truck orders? ACT Research reported that January Class 5-8 preliminary orders came in at a surprising 80,400 units. Class 8 orders alone accounted for 48,700 units, their best month since March 2006.

New truck orders jumped in January, reaching their second highest level on record, according to data from FTR and ACT Research.

Mexico’s ambassador to the United States told CBS News there is a 50% chance that the end result of NAFTA negotiations will be termination of the trade pact.

According to ACT Research, preliminary North America Classes 5-8 net order data show the industry booked 58,800 units in December, bringing the full-year net order tally to 543,400. That is an 11% improvement over November and 35% above December 2016.

Following on the footsteps of its European counterpart, Daimler Trucks North America will begin shipping 3D printed parts under a pilot program. Daimler’s Mercedes-Benz unit started a similar pilot in Europe last year.

Truck orders are about to boom, if a new industry update from Stifel is correct. The firm believes that Class 8 orders, which have been strong this year, are about to take off for the remainder of the year as many larger fleets begin ordering larger quantities of vehicles.

Following a disappointing retreat in orders in May, Class 8 truck orders rose in June according to data just released. That reinforces the outlook for the remainder of 2017 as many of the orders are for fourth quarter delivery, according to FTR.