FTR Associates has released preliminary data showing October Class 8 truck total net orders for all major North American OEM's increased 17% over September to 27,395 units.
Preliminary Net Class 8 Orders "Up Substantially" for October: FTR
FTR Associates has released preliminary data showing October Class 8 truck total net orders for all major North American OEM's increased 17% over September to 27,395 units.
by Staff
November 3, 2011
FTR says the Class 8 assembly lines could be humming by the New Year.
1 min to read
Order figures show a year-over-year increase of 46%, and the third consecutive month of increasing order activity. Orders for the three-month period including August, September and October annualize to 287,500 units.
"The uptick in orders was anticipated and came in at the high end of those expectations. The healthy order activity signals that the sluggish economy is not negatively impacting carriers," says Eric Starks, president of FTR. "October typically is the beginning of the strongest ordering season for trucks with expected delivery in Q1 and Q2 of the following year. The current order activity is a good beginning for Q4 2011 and should solidify early 2012 OEM build plans."
Final data for October will be available from FTR later in the month as part of its North American Commercial Truck & Trailer Outlook service.
More info: www.ftrassociates.com.
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 →