Class 8 Demand Rises, Says ACT Research

By pdamon14 July 2016

For the second time this year and only the fourth time in 19 months the demand for Class 8 trucks rose faster than the supply, according to the most recent ACT For-Hire Trucking Index from ACT Research Co., LLC.

Steve Tam, ACT’s vice president-Commercial Vehicle Sector, noted that the balance between supply and demand is still at the mercy of the widespread macro-inventory overhang. “This is only the second time in 10 months that freight volumes showed any meaningful increase,” Tam said. “Time will tell whether this is the beginning of a trend or a temporary or transient anomaly.”

ACT is a global supplier of new and used commercial vehicle (CV) industry data, market analysis and forecasting services for the North American and Chinese markets.

www.actresearch.net.

MAGAZINES
NEWSLETTER
Delivered directly to your inbox, Diesel News Network newsletter features the pick of the breaking news stories, product launches, show reports and more from KHL's world-class editorial team.
CONNECT WITH THE TEAM
Mike Brezonick VP, Power Division Tel: +1 262 754 4112 E-mail: mike.brezonick@khl.com
Alister Williams VP Sales Tel: +1 843 637 4127 E-mail: alister.williams@khl.com
CONNECT WITH SOCIAL MEDIA
Latest News
Danfoss finalises Eaton hydraulics deal
Move will see the Danfoss Group grow in size by a third
Daimler OKs truck spin-off, e-manufacturing sites
Truck business to become an independent company, German plants solidify electrification portfolios
Dana, Switch Mobility partner on electric commercial vehicles
Dana to invest in vehicle manufacturer as well as supply key components