Truck cargo theft incident reports are up 25% year-over-year and up 6% from May. Over holiday weekends, those numbers trend higher as thieves plot and have extra time to “shop around” for sitting cargo. At the end of 2021 and beginning of 2022, the hot commodity for thieves was electronics. Now, household goods have been […]
Heavy-duty truck orders sink below 14,000 in May, according to preliminary data from ACT and FTR. After several level months, Class 8 truck and tractor orders slipped in May to their lowest in six months due to ongoing supply chain concerns and a predicted annual dip heading into summer, according to two commercial vehicle market […]
According to ATA, there are more than 11 drivers for every one parking space. Studies show that on average drivers spend nearly an hour of driving time every day trying to find parking, and 58% of drivers say they have parked in unauthorized places at least three times a week. The letter claims that the […]
Used Class 8 same-dealer retail sales grew 20% month-over-month in February but were 14% lower compared to the same period in 2021. ACT’s Classes 3-8 used truck report provides data on the average selling price, miles, and age based on a sample of industry data. “Presumably, the bumps in December and January new truck production […]
27% of truck drivers averaged six hours or less of sleep during a 24-hour period. Full disclosure, this compares to 30% of working adults so in theory not a significantly higher percentage. However, driving a truck is a physically taxing job—maybe less so now than in the past, but still, it is very demanding.
Truck and trailer rates have a rapid increase in demand Producers are trying to increase production rates but are struggling to overcome a mass of obstacles, according to ACT Research. Tractors builds are hampered by raw material and labor shortages that have dragged on since the U.S. began crawling towards a post-pandemic economic recovery.
The Internal Revenue Service (IRS) reminds the truckers to check their calendars for a big upcoming tax due date. The time limit to file and pay the Highway Vehicle Use Tax Return (Form 2290) is on the 31st of August for heavy vehicles used on the road in July 2021. Anyone who registers a heavy […]