ACT Research

OOIDA sues EPA over greenhouse gas emissions standards

OOIDA sues EPA over greenhouse gas emissions standards
(Photo: Jim Allen/FreightWaves)

On Tuesday, the Owner-Operator Independent Drivers Association along with other industry groups filed a petition with the U.S. Court of Appeals for the District of Columbia Circuit challenging the Environmental Protection Agency’s Phase 3 final rule on greenhouse gas emissions standards for heavy-duty vehicles. According to the petition, the court should vacate the EPA rule, as it “exceeds the agency’s...

https://www.freightwaves.com/news/ooida-sues-epa-over-greenhouse-gas-emissions-standards

Orders for new Class 8 trucks strong in May, ACT and FTR data shows

Both FTR and ACT Research reported strong Class 8 vehicle North America net orders for May.

FTR’s data showed that Class 8 preliminary net orders were 18,900 units. That is up 25% from April and 37% from a year earlier. 

The 12-month total is 273,900 units. However, that is running behind the data for the corresponding five-month period of 2023, when the order totals were 298,700 units. Dan Moyer, senior analyst for commercial vehicles at FTR, said in the company’s monthly report that it expects...

https://www.freightwaves.com/news/orders-for-new-class-8-trucks-strong-in-may-act-and-ftr-data-shows

Survey asks who’s hauling cheap freight

Who is hauling cheap freight?

A recent survey by industry publication Overdrive looked into a question that is common among owner-operators: “Who is really hauling all the cheap freight?” The survey considered loads that are on the edge of or below a carrier’s profitability level. Asked if they ever hauled a load that lost money, a majority of the nearly 600 respondents said they had, while 38% said they had not.

Looking at reasons for taking unprofitable loads, most respondents fell into either...

https://www.freightwaves.com/news/survey-asks-whos-hauling-cheap-freight

Trucking electrification throttled by excessive ownership costs

Battery electric trucks face cost headwinds
(Photo: Jim Allen/FreightWaves)

Recent releases by Ryder System and Knight-Swift highlight the growing awareness of the added costs required for fleets that face increased pressure to transition to electric vehicles. A major challenge for long-haul trucking is cost, and current incentives from the Inflation Reduction Act only cover up to a maximum of $40,000 for commercial clean vehicles weighing over 14,000 pounds. A new Class 8 battery electric...

https://www.freightwaves.com/news/trucking-electrification-throttled-by-excessive-ownership-costs

New Class 8 truck orders in April up from a year ago, down from March

The weak trucking market, so evidenced in disastrous first-quarter earnings for both truckload and LTL carriers, is having a mixed impact on new Class 8 truck orders, according to the two key companies that track that data.

FTR Transportation Intelligence reported that preliminary net orders for April were 14,000 units. That was down 28% from March but up 12.5% from April 2023. 

Meanwhile, ACT Research pegged Class 8 net orders last month at 15,600 units. That was down 1,800, or 10.3%, from March...

https://www.freightwaves.com/news/new-class-8-truck-orders-in-april-up-from-a-year-ago-down-from-march

Drop in Class 8 truck orders in March looks big but analysts aren’t worried

Orders for Class 8 trucks were down in March, according to the two key agencies that supply that data, but the decline is not being described as significant.

According to ACT Research, preliminary data shows that North America Class 8 net orders were 17,300 units in March, which was down 10,400 units from February and 8.7% from a year ago.

Meanwhile, FTR Transportation Intelligence reported a net order figure of 18,200 Class 8 vehicles last month. FTR said that is down 34% from its February...

https://www.freightwaves.com/news/drop-in-class-8-truck-orders-in-march-looks-big-but-analysts-arent-worried

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