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Economic Indicators

Survey: Majority of fleets plan truck orders in next 90 days

Pent up truck demand may be about to bust loose, according to Q3 2013 Fleet Sentiment survey conducted by CK Commercial Vehicle Research. A whopping 65 percent of the 48 fleet executives that responded ...

Truck orders hit lowest level this year

FTR Associates said Monday, preliminary data shows July Class 8 truck net orders were 17,307 units – the lowest level since September 2012. July orders fell 7 percent from June, but were 38 ...

June trailer orders jump 7 percent

On the backs of low cancellations and a jump in production, net trailer orders in June climbed 7 percent from May to 15,400 unit. “June’s cancellation rate was only half of that posted ...

June retail truck orders at 9 month high

Commercial vehicle orders may have slipped month-over-month in June, but they still cruised to a nine month high. “Inventories were down 12,000 units from last June, and the inventory-retail sales ratio dropped to ...

Shipping conditions remain strong

FTR Associates says its Shippers Conditions Index (SCI) for May was basically unchanged from the level of the last few months at a -7.5 reading. The Shippers Conditions Index is a compilation of ...

Sleeper sales growing

According to the ATD/NADA Official Commercial Truck Guide Update released Monday, the retail sleeper market set another record in May. For the third month in a row, increased numbers of newer used sleeper tractors ...

Daimler Truck profits dip, revenue up

Profits from Daimler's truck division topped $566 million during the company's second quarter, the German truck maker said Friday. The company said second-quarter earnings were largely in line with internal expectations and also ...

Trucking conditions remain strong

FTR's Trucking Conditions Index (TCI) for May as reported in the July 2013 Trucking Update at 12.4 is unchanged from the previous month, and continues to reflect a positive environment for trucking. The ...

Truck orders fall below 20K for first time this year

North American Class 8 orders fell in June, with the preliminary count coming in at 18,900 units. Data from FTR Associates shows slightly fewer (18,606) units moved last month, 18 percent fewer than May. In either case, ...

Daimler may miss truck sales target, facing labor strike

Unless costs fall and deliveries rise, Daimler Trucks is likely to miss its earnings target Wolfgang Bernhard, head of the German company's truck division, warned. “We have a lot of catching up to do ...

Pricing for used trucks remains narrow

Volumes for used Class 8 trucks slipped slightly in May due to the retail market slowing 4 percent month-over-month, according to ACT Research. Auction and wholesale segments saw month-over-month gains according to ...

Trailer orders drop 30 percent from April

Trailer orders fell 30 percent month-over-month in May, a side effect of April numbers ACT Research says. “Cancellations continue to be a non-issue for the industry, although they did increase month-over-month in May,” said ...

Class 8 orders strong while cancellations drop

Class 8 truck orders for May jumped 29 percent year-over-year, remaining above 20,000 for the eighth consecutive month and reached the second highest volume in the past 17 months, according to ACT ...

Navistar halting Mississippi production plant

Navistar Defense says it will suspend production at its plant in West Point, Miss. Company spokeswoman Lauren McFarland told the Clarion-Ledger the decision was made based waning demand spurred by sweeping federal budget cuts, ...
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Used truck market normalizing

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