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Economic Indicators

Paccar closes 2013 with ‘record’ revenues, 28% market share

Paccar reported record annual revenues of $17.12 billion and net income of $1.17 billion for 2013 Friday, achieving the third best annual net profit in the company's history and the 75th consecutive ...

Truck values hold strong as demand for used trucks exceeds supply

Truck dealers who have shied away from used truck sales over the potential to take a loss are missing a major sales opportunity, according to Chris Visser, Senior Analyst and Product Manager, ...

December heavy truck orders jump 50 percent

December North American Classes 5-7 net orders are expected at 14,200 units, and Class 8 net orders are expected at 31,800 units when actual data are released mid-month, according to ACT Research. “This ...

November truck orders disappoint

After bustling October, Class 8 orders provided some disappointment in November. For the month, new and net orders were 22,231 and 21,255 units, respectively according to ACT Research. Classes 5-7 orders totaled 18,407 units, ...

Navistar set to deliver ISB-powered DuraStar trucks

Navistar, Inc. says it has started customer shipments of its first International DuraStar vehicles with the Cummins ISB 6.7-liter engine. The first units were released from the company's Escobedo, Mexico assembly plant with initial customers such as ...

November trailer orders grow

The 43 percent month-over-month gain in net trailer orders posted in October was followed in November by a less ambitious 3 percent month-over-month improvement, with strength centralized in dry vans, flats and ...

November a tough month for used truck sales, prices

North American truck dealers didn't have a very happy Thanksgiving while struggling to sell used trucks in November. According to ATD/NADA, with approximately 50 percent of November data collected, retail used truck sales ...

Trucking Conditions Index remains high

FTR’s Trucking Conditions Index (TCI) reading of 9.18 in October, while down marginally from the previous month, remains high due to capacity tightness from Hours of Service. Truck utilization is in the range ...

Replacements will continue to drive truck demand

Eric Starks Senior Consultant and President of FTR Associates says if truckers don’t have freight, they don’t need equipment. Current trends in the market, according to FTR, show a steady demand for new equipment for ...

Truck order trend still ‘OK’

Truck order figures continued their "okay" trend in November, with ACT Research expecting 21,200 Class 8 units ordered last month. November Classes 5-7 net orders are expected at 18,000 units when actual data are ...

Used Class 8 truck pricing ‘better than expected’

The average selling price of Class 8 trucks continues to hold up better than expected, according to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ...

Trailer orders up over last year, huge gains over prior month

October trailer orders climbed 6 percent from a year ago to 24,900 units – a 43 percent gain over the prior month – according to ACT Research Co. "Improvement in orders was widespread ...

October truck orders ‘strong’; market ‘not great’

As expected from its preliminary report, ACT Research says Classes 5-8 orders were strong in October. This updated status of the North America commercial vehicle market was included in the State of the Industry report, ...

New truck sales correlated to used truck pricing

Data compiled by NADA shows a close correlation between demand for new and used trucks beginning with the economic recovery through mid-2012. In the past 18 months, demand for late-model used trucks has accelerated, ...
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