Preliminary Class 8 Order Intake Down M/M, Up Y/Y

ACT Research says weak freight market and rate conditions, as well as the residual backlog cushion, continue to bedevil new Class 8 order activity

2019, but up 10% from last January. Complete industry data for January, including final order numbers, will be published by ACT Research in mid-February.

 “Weak freight market and rate conditions, as well as the residual backlog cushion, continue to bedevil new Class 8 order activity,” said Kenny Vieth, ACT’s President and Senior Analyst. He continued, “Notably, January’s year-over-year result is the first positive Class 8 order comparison in 15 months, and while actual orders in January were below the Q4 average, they were more closely aligned on a seasonally adjusted basis.”

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