ACT and FTR differ on their numbers for Class 8 truck sales by a few hundred each month, but their general messages are the same. This prior month’s message being that the trucking industry is cooling off from the holiday season, but still shows promise of being on fire.The NumbersACT has sales for January set […]
Hopefully this will be the last time we say it, because it is getting fairly old. At the same time, it is not inaccurate. The coronavirus pandemic did not reduce the demand for trucking services and assets, it only pushed that demand to a further date. If 2020’s new truck sales compared to 2019 did […]
“September’s rank as third-best month in industry history was short-lived, as October activity now takes that title,” Frank Maly, director CV Transportation Analysis and Research at ACT Research, said.As we predicted back in October, the trailer sales for that month were higher than those of September, by only a few thousand. A 6% increase, more […]
Either in spite of, or because of, all the crazy events happening in 2020, trailer sales for the recent months have been going up, up, up. We at TopMark Funding wrote in an article for July trailer sales, saying, “It will be interesting to see where August stands on the scale.” That data is officially […]
Pardon the pun, but the trucking industry is on a roll. Trucking sales rose for yet another consecutive month. The Data Two studies, one from the Freight Transportation Research Associates (FTR) and the other from Americas Commercial Transportation Research Company (ACT), tell ever so slightly different stories. ACT estimates Class 8 truck sales for the […]
Here at TopMark Funding, we wrote about how we believed the coronavirus pandemic was ending soon. That article is almost two months old at this point, and the pandemic continues. The interesting thing is that despite all of the fear of the coronavirus pandemic for the past five or so months, the trucking industry continues […]
At the beginning of July, we wrote an article detailing some good news for the health of the trucking industry: new truck orders in June broke expectations. Following up, in comparison, new trailer sales completely shattered all expectations for that month. The Data According to Americas Commercial Transportation Research Company (ACT), U.S. trailer orders for […]
