Class 8 Demand Tops Supply for Second Consecutive Month

According to the latest research, tor the second time this year and only the fourth time in 19 months, demand for Class 8 trucks rose faster than the supply.

Steve Tam, ACT’s Vice President-Commercial Vehicle Sector, noted that the balance between supply and demand is still at the mercy of the widespread macro-inventory overhang. “This is only the second time in 10 months that freight volumes showed any meaningful increase. Time will tell whether this is the beginning of a trend or a temporary or transient anomaly.”

Category: Featured