ACT Research

Two recently released indices show that June continued the trucking market's climb from its low levels of April. The ACT For-Hire Trucking Index in June climbed to 70.4, up from 50.2 in May. in April, it was 19.3. Although the June number was more than three times that of April, that does not...

Demand remains slack but prices for used Class 8 trucks appear to be firming, according to industry watchers. Used Class 8 same dealer sales volumes dropped 12% in May compared to April. Year-over-year sales were down 20% compared to May 2019. Sales are up 2% for the first five months of the year...

In a report issued Thursday, Cleveland Research analyst Adam Uhlman shared insights into the heavy-duty truck industry. According to the note, heavy-duty truck orders plummeted roughly 60 percent in November. Based on this data, the firm issued Neutral ratings for Cummins Inc. (NYSE: CMI),...