Preliminary Classes 5-8 data for February indicate industry net orders rose to a fourteen-month high, 45,900 units. That aggregate volume represents a 12% improvement compared to February 2016. Complete industry data for February, including final order numbers, will be published in mid-March. North American Class 8 net orders hit a fourteen-month high at 23,200 units […]
According to the latest industry findings, Class 8 backlogs moved in the right direction at the start of 2017. “Stronger orders, coupled with modest build, allowed backlogs to rise 7,600 units from December to 99,600 units,” said Kenny Vieth, ACT Research President and Senior Analyst. Heavy duty net orders jumped to a thirteen-month high in […]
The latest release of ACT’s For-Hire Trucking Index showed the freight component of the index rising faster than the capacity component, boosting the spread to a level not seen since early 2014. The data suggests that the process of rebalancing capacity that started in the second half of 2016 accelerated in early 2017. “Hopefully, January’s […]
Preliminary Classes 5-8 data for January indicate industry net orders rose to a thirteen-month high, 45,300 units. That aggregate volume represents a 27% improvement compared to January, 2016. North American Class 8 net orders hit a fourteen-month high at 22,200 units in January, rising above both the prevailing order trend and expectations. “This is the […]
North American Class 8 retail sales firmed into the end of 2016 in seasonal fashion, rising to a six-month high 21,281 units sold, and bringing the full-year sales total to 249,952 units. Set against strengthening orders, noted ACT Research, “seasonal production weakness reduced December build to 14,145 units, leaving the full-year NA Class 8 production tally […]
The holiday spirit certainly did not extend to Class 5-8 orders, which sunk 24% year over year in December. Let’s go to the data: According to ACT Research, in December, preliminary North America Classes 5-8 net order data show the industry booked 42,000 units, bringing the full-year net order tally to 415,600. “Demand for Class […]
