The third quarter is historically the weakest order period of the year and July is the weakest month. July Class 8 orders fell to just under 17,600 units, down 7% month-over-month, but up 36% compared to year-ago July.
Commercial Vehicle Orders Fall as Expected in July
The third quarter is historically the weakest order period of the year and July is the weakest month. July Class 8 orders fell to just under 17,600 units, down 7% month-over-month, but up 36% compared to year-ago July.
by Staff
August 19, 20131 min to read
Medium-duty orders fell 4% month-over-month to 14,970 units. This updated status of the North America commercial vehicle market was included in the State of the Industry report, recently released by ACT Research Co. The report covers Classes 5 through 8 vehicles for the North American market.
“New orders continue to come from truckers who have a genuine need for near-term deliveries,” said Kenny Vieth, ACT’s president and senior analyst. “As such, cancellation activity remained at extremely low levels again in July,” he added.
Vieth also said that trucker profit margins were at their highest level since Q4’05 in the second quarter, which hints at a strong finish to 2013.
More Fleet Management
'Beyond Compliance,' Regulations, Driver Coaching on ATRI’s 2026 Research List
The American Transportation Research Institute will examine driver coaching, regulatory impacts — including the "Beyond Compliance" concept —and weather disruptions that shape trucking operations.
Read More →
Fleet Advantage's Brian Antonellis on the Growing Need to Replace Old Trucks
Fleet Advantage's Brian Antonellis says it's time for fleets to get back to the fundamentals of good maintenance practices. And that includes replacing older, inefficient equipment.
Read More →
Truckstop.com Adding to Open Deck, Heavy Haul Offerings
Load matching for flatbed, lowbed, oversize and overweight loads can't be automated like basic van freight, but Truckstop.com is adding more high-tech tools to help.
Read More →
Trucker Path, Truckstop.com Expand Load Access Partnership
An expanded Trucker Path and Truckstop.com integration brings more freight opportunities into the TruckLoads app while emphasizing security and network quality.
Read More →
Truckload Rates Hit Two-Year Highs as Diesel Costs Surge, DAT Says
Strong March freight demand combined with a spike in fuel costs pushed both spot and contract truckload rates to their highest levels in more than two years.
Read More →
The AI Conversation You Need to Have with Your TMS Provider
Everyone’s talking about AI — but is your transportation management system actually built for it?
Read More →
Kriska Buys Fellow Canadian Carrier Sharp Transportation Systems
Being part of KTG will allow Sharp to expand and improve its services.
Read More →
Bill in House Would Raise Minimum Insurance for Motor Carriers to $5 Million
The Fair Compensation for Truck Crash Victims Act would increase insurance requirements for interstate motor carriers by nearly seven times.
Read More →
FTR Trucking Conditions Index Hits Four-Year High in February
Strong freight rates push TCI to 10.2, but FTR expects fuel-price volatility to skew March results.
Read More →
C.H. Robinson Offers Carriers Relief as Diesel Prices Surge
C.H. Robinson is waiving fees on fuel cards and cash advances for April and May, aiming to help carriers offset rising diesel costs tied to geopolitical instability.
Read More →