Net orders of Class 8 trucks in North America rose 180% to a record high of 52,400 units in July, from the same month in 2017, according to preliminary data form transportation analyst ACT Research. April already was the worst month for Class 8 truck orders in a quarter-century. Rush expected them to be 10% or higher. NGVs are currently one of the only commercially available vehicle platforms that can provide significant emission reductions across most heavy-duty weight classes. “In the last 10 days, there’s been some slight uptake,” he said. North American Class 8 orders for January are down month over month but up year over year, according to both FTR and ACT Research. Preliminary North American Class 8 truck orders saw steep declines, driven on by the impact of COVID-19, or coronavirus, according to recent data issued respectively by freight transportation consultancy FTR and ACT Research, a provider of data and analysis for trucks and other commercial vehicles. While manufacturers took orders for about 104,000 Class 8 trucks during the first seven month of 2016, they have about 146,000 orders for the same time period this year, according to ACT … ACT Research is featured regularly by major news outlets for our work covering class 8 truck orders, sales, forecasting, used truck sales, freight rates, trailer sales and much more. Orders of Class 5 to 8 vehicles, which also includes medium duty pickup trucks, collectively decreased to 31,500 units, or the lowest total since September 2012, ACT said. “I think it’s a function of building confidence. Prior to COVID-19 shutting down the global economy, ACT was expecting 2020 Class 8 production of 225,000 units, well below 2019’s record production of 345,000 trucks. North American Class 8 orders took another plunge in April to an unprecedented level of 4,000 units, according to new reports from FTR and ACT Research. This was a 13% increase from August. Net orders for heavy-duty Class 8 commercial vehicles increased 91 percent in April compared with the same month last year, according to ACT Research Co. In 2018 alone, we will see thousands of new build heavy-duty natural gas trucks hitting the road, and this increasing trend will continue in the years ahead, particularly with the VW funding now in play. A major driver of this growth is the booming U.S. economy. ACT reported preliminary orders of 18,100 Class 8 trucks in June. class 8 trucks | ACT Research is a recognized leading publisher of commercial vehicle industry data, market analysis, and strategic forecasting services for the North American market. Truck orders have also likely gained an additional boost due to the new tax law, which for 2018 offers companies the ability to accelerate depreciation on capital assets. FTR said uncertainty over the duration of the health crisis is limiting orders to short-term, definite needs. “There are a lot of young trucks out there,” said Kenny Vieth, ACT president and senior analyst. And should diesel prices creep up another $0.50 or more, we can expect to see even further investment in NGV technologies. In spite of the headlines, or lack thereof, the heavy-duty natural gas truck market continues to steadily march forward and mature, and is on track to have one of its best sales years ever. While Class 8 orders were significantly slower, Classes 5-7 net orders were flat year over year at 17,400 units, ACT said. We’ve still got to get the country turned on.”. Class 8 orders for the past 12 months have now totaled 397,000 units, according to FTR. “The hope is with the supply chain that we can get things started again June 1.”. “The private fleets are swimming in capacity.”. The primary goal for these funds is to offset the incremental cost of deploying new transportation technologies that will cost-effectively reduce harmful emissions. We use cookies to collect information about how visitors use our website and to personalize our outreach efforts. “While orders are weak relative to year-to-date activity, June’s orders were up 39% compared to last year,” said Kenny Vieth, president and senior analyst at ACT Research. While MD orders were down from … According to separate ACT Research and FTR reporting, October’s preliminary North American Class 8 orders jumped to 38,900 units and 40,100 units, respectively. Our Story. Class 8 truck orders – regardless of technology/fuel type – for July 2018 was the highest number of truck orders recorded since March of 2006, and several of the months before July were record breaking months as well. “February marks the third consecutive month of … Preliminary orders for Class 8 trucks came in at 15,200 units in March, according to FTR, marking the lowest March for orders since 2010. Orders were down 8% from February and 67% year-over-year. As the pushed-out orders come back into the backlog, they won’t be recounted as new orders. For over 30 years our team of expert analyst have provided quality data to businesses within the commercial vehicle industry. The previous order record of Class 8 trucks, the largest truck class… Orders for North American Class 8 vehicles in March fell below 8,000, ACT Research reported, as already weak freight demand collided with the spreading coronavirus. Final order numbers and complete industry data will be published in mid-October. As recent industry headlines across the heavy-duty truck market have been dominated by a slew of new electric truck products and record-breaking class 8 truck orders, the previously steady-stream of news about the growing natural gas market has subsided. “I would expect [May] to be similar to April from an order intake perspective,” Cota said. 9 Daimler drives trucking’s electric future, FreightTech 25: No. The evolution of the heavy-duty natural gas truck market has experienced year-over-year growth that is supported by an existing and expanding natural gas fueling infrastructure. North American Class 8 orders in September cleared 12,000 units, ACT Research reported, citing preliminary data, but the volume remained just a faint shadow of what occurred a … ACT: Used Class 8 Sales, Net Trailer Orders Climb in November DEC 21, 2016 - 6:18 am Used Class 8 truck same dealer sales increased again in November, recording a 1% month-over-month increase, according to the latest data from ACT Research . “I can look at miles driven for 100,000 trucks for the last four months by week and [see] how it’s slightly come back, 8% to 10%, But a week does not make a trend line. “You don’t realize how many extensions and deferrals have been done on payments,” he said. Orders for Classes 5-7 decreased 9.4% on a month-over-month (m/m) basis to 17,300 units. But FTR says demand is still strong, but supply is limited, with … So, regardless of the fact that natural gas engines, CNG/LNG fuel systems, and other necessary components are readily available from reputable suppliers across the country, the OEM build slots – or lack thereof – is hindering the immediate growth of heavy-duty NGVs here in 2018. Class 8 truck orders – regardless of technology/fuel type – for July 2018 was the highest number of truck orders recorded since March of 2006, and several of the months before July were record breaking months as well. With practically no new truck production in April and May because of stay-at-home orders, bloated inventories fell by 11,900 units. Months of … We’ll continue to see flickers.”. ACT Research Co.’s numbers on preliminary North America Class 8 orders show the industry booked 16,900 units in February, up a modest 5% from January, but down 58% from year-ago February. During April, the Class 8 backlog saw 10,000 units removed with the production orders being pushed beyond 12 months, the definition of a backlog. This updated status of the North America commercial vehicle market was included in the State of the Industry report, recently released by ACT … This has created an ideal win-win situation for state agencies that are looking for projects to fund with their share of Volkswagen settlement funds that can achieve significant emission reductions, and for fleet operators who need vehicle products that can be purchased from major OEMs and have an established supply chain to ensure assets can be maintained for the long haul. From the growing economy to available grant funding, there are several factors that are impacting the entire heavy-duty truck market and the immediate deployment of NGVs. According to the latest release of the State of the Industry: U.S. In spite of the headlines, or lack thereof, the heavy-duty natural gas truck market continues to steadily march forward and mature, and is on track to have one of its best sales years ever. Following a consistent trend over the last four months of averages of 19,000 trucks, January totals dropped to 17,700 units. April order … Orders are likely to stay near the 10,000-truck mark for a few months until the economy, which is still weakening, begins to recover. Class 8 orders have totaled 170,000 units over the past 12 months, according to FTR. Class 8 trucks accounted for 18,247 net orders in January, down 48% year over year, according to the latest State of the Industry Report from ACT Research. A late pullback of 10,000 bookings by one manufacturer dropped the month into negative territory with little improvement expected in May and no significant recovery until 2022. ACT Research lowered its estimates for heavy-duty trucks several times in March before settling on a 2020 prediction of 117,000 units. Click the "CC" button in the bottom right to activate while programming is live. Classes 3-8 Used Trucks, published by ACT Research, used Class 8 same dealer sales volumes, average miles and […] And economic activity translates to growth in the manufacturing sector, which in turn translates to growth in the trucking industry to move the goods that Americans buy. The medium-duty market did not swoon as sharply through the shutdown, leaving less pent-up energy to the upside. Nicki Alcombright, 310-573-8567editorial@act-news.com, Tony Quist, 310-573-8564advertise@act-news.comDownload Media Kit, Samantha Miyamoto, 310-573-8548subscribe@act-news.comSubscribe to ACT News, Copyright 2020 Gladstein, Neandross, & Associates. Class 8 Truck Orders Trailer Orders Trucking Conditions (TCI) Shippers Conditions (SCI) 12.18.20 FTR’s Trucking Conditions Index for October Jumped to Highest Level Ever Measured. Preliminary net orders of heavy-duty Class 8 commercial vehicles for North American markets in December increased 115 percent over a year earlier to 25,500 units, according to ACT Research Co. Prior to COVID-19 shutting down the global economy, ACT was expecting 2020 Class 8 production of 225,000 units, well below 2019’s record production of 345,000 trucks. And while many are quick to assume this is due to issues specific to natural gas engines, parts or simply a lack of availability from truck OEMs, the reality is that NGV truck orders are experiencing the exact same challenges as their diesel counterparts. View a directory of organizations bringing to market the advanced vehicles, fuels and technologies driving the future of sustainable fleet transportation. Rush said the longer-term effects of the pandemic, such as delinquencies and bankruptcies, are not yet visible. FTR reports preliminary North American Class 8 net orders exploded in November to the third-highest total ever at 52,600 units. “If we get a second wave of this thing and shut down again, look out,” Rush said. 12.17.20 FTR Reports Final Trailer Orders in November at 41,400 Units. Alan Adler is a Detroit-based award-winning journalist who worked for The Associated Press, the Detroit Free Press and most recently as Detroit Bureau Chief for Trucks.com. “North American Classes 5-8 orders totaled 41,900 units in May. Class 8 Truck Orders Continue To Struggle, Says ACT March 3, 2016 pdamon ACT Research , Class 8 vehicles Preliminary orders for Class 8 vehicles in North America in February fell 43% from the same month a year ago, according to information from ACT Research, the Indiana-based analyst of the North American and Chinese commercial vehicle markets. Logistics in the News Drayage Fleets Get a Glimpse of a Fuel Cell Future, Fleet Spotlight: Starting with a Green-Minded Approach, Transit Electrification Leads to Innovative Partnerships, ABB, AFC Energy Partner to Develop EV Charging Solutions, GAO issues automated technologies workforce recommendations, Technology Reduces Deadhead Miles, Improving Trucking Efficiency, What Fleets Need to Consider When Electrifying Their Depots, EV Fleets 101: Building Your EV Infrastructure Plan, Blending Renewable Hydrogen into the Natural Gas Pipeline: Key Opportunities and Challenges, A Look Inside Proterra Battery Technology for Commercial EVs. However, with growth comes growing pains as some in the industry are hearing they may not be able to get a new natural gas vehicle (NGV) for many months from now. A major driver of this growth is the booming U.S. economy. Lost production in March and April combined with an expected 30% drop in production in 2020 means DTNA production could fall more than 40% below 2019, Cota said. We’re just not quite there yet. Class 8 net orders rose to a nine-month high in July. Daimler Trucks North America (DTNA), the industry leader in on-highway truck sales, tried to resume U.S. production earlier in May but supply chain issues prevented the restart, said Brian Cota, vice president of sales for the Freightliner brand. Classes 3-8 Used Trucks, published by ACT Research, used Class 8 same dealer sales volumes were up 24% year-to-date against the first nine months of 2019, with average price, miles and age all below September 2019 ytd rates, down 14%, 2%, and 9%, respectively. Class 8 trucks totaled 24,600 net new orders in July, while Classes 5-7 posted 15,900 net orders, according to the latest report by ACT Research. 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