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Economic Indicators

Volvo truck boss says growth in truck market emerging

The ongoing replacement of aging fleets have pushed heavy truck sales for much of the year, but Volvo President and CEO Olof Persson says the market has only now begun to grow. Through ...

May trailer orders up more than 50 percent

May net trailer orders rose 52 percent year-over-year, according to ACT Research, with backlog, build, inventory and shipments less than 1 percent off from April. “This stability provides a solid foundation for the ...

June truck orders jump 41 percent

North American Class 8 truck net orders jumped a whopping 41 percent year-over-year in June according to FTR. The 26,255 units ordered last month represented the best June numbers since 2005.  Class 8 ...

May heavy truck orders up, best since February

Class 8 orders rebounded in May after failing to meet expectations in April. However, Classes 5-7 net orders pulled back sharply from April’s stellar performance according to ACT Research Co. (ACT). “Class 8 net orders ...

2012 model year trucks hit market in record numbers

The numbers of late model trucks entering the retail marketplace more than doubled in April according to data from NADA. April data shows a 135 percent increase for that model year over March. "In ...

May truck orders jump 14%, annualize to 343K units

Preliminary data for the month of May show truck orders North American Class 8 truck net orders at 25,605 units, a 14 percent year-over-year increase – the strongest May since 2006 Class 8 orders ...

Truck build rates get 10k unit bump

Cleveland Research Company, an independent equity research firm headquartered in Cleveland, Ohio, on Tuesday raised its 2014 North American heavy truck build forecast by 10,000 units on stronger demand. Year-to-date, sales of Class 8 ...

Class 8 truck sales hit 6 month high, trailer orders surging

Retail sales for Classes 5-8 posted solid gains in April according to the latest State of the Industry report, recently released by ACT Research Co. (ACT), with Class 8 sales surging to milestone heights. “Class ...

Wholesale used truck market surges in March

Numbers of trucks sold at auction in March came roaring back in March after a quiet start to the new year. According to data released by NADA, the average used truck sold at ...

Trucking Conditions Index up more than a point

FTR’s Trucking Conditions Index (TCI) in March rose more than one point to a reading of 8.69, reflecting the extremely tight capacity in the Truckload sector. There is a possibility for some relief ...

Used truck volume inching upward

The volume of used Class 8 trucks sold in March rose 8 percent above February’s volume, according to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published ...

Truck orders at best levels in 8 years

Preliminary data shows March 2014 was another strong month for net truck order activity. According to FTR March 2014 Class 8 truck net orders were 27,139, the fourth consecutive month of solid order activity. ...

Used truck prices setting records

The average selling price of total reported used Class 8 trucks set a record for the second consecutive month in February at just more than $44,400, according to the latest release of ...

Used truck prices remain at record highs

Increased numbers of newer used trucks continue to enter the market, providing buyers with better access to the low-mileage trucks, according to the newest NADA Commercial Truck Guide Industry Report. January prices for ...
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