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ACT Research said Class 8 vehicle orders in April stayed above 20,000 units for a seventh consecutive month. This total is the second highest volume of orders in 16 months, ACT stated.
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Class 8 truck orders for April are expected to come in between about 23,000 and 23,300, which is higher than last year and marks the fifth month in a row orders have been above 20,000, according to two leading trucking number-crunchers.
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The used truck market enjoyed a second consecutive month of improved volumes in March as the auction market roared back to life in March, growing 126% giving the overall market a 4% boost month over month.
Read More →Net trailer orders for March were down 6% month-over-month and 12% year-over-year. This update on industry performance was reported in the latest State of the Industry: U.S. Trailers published by ACT Research Co. “Although orders are down, the orders being placed appear genuine, as cancellation activity has been negligible for most trailer categories,” said Frank Maly, director-CV Transportation with ACT Research.
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Class 8 orders rose above 20,000 units for a sixth consecutive month in March, but fell sequentially for the first time since November, says ACT Research. However, cancellations fell to their lowest levels since Q3’10 for the second time in the past three months.
Read More →Preliminary numbers for March show Class 8 truck orders dropped slightly from February, but analysts are not concerned by when they see as a temporary dip.
Read More →Three separate new reports paint a picture of healthy new heavy truck sales and an improving used-truck market, but a market for trailers that is still relatively weak.
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Two separate reports show orders for new commercial trucks in North America were good through the first two months of the year.
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The decline in January tractor-trailer orders continued the monthly saw-tooth order pattern that started in October. Despite that month-over-month decline, orders were still strong enough to generate a small gain in January backlog.
Read More →Class 8 orders rose for a second consecutive month and remained above 20,000 units for a fourth consecutive month in January. Medium duty orders totaled nearly 14,000 units.
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