Truck orders stayed steady in May: ACT Research

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COLUMBUS, Ind. — Preliminary North American Class 8 truck orders totaled 23,300 units in May, a “virtual carbon copy” of April’s figures, according to the latest data from ACT Research.

Classes 5-7 orders came in at 16,700 units, also in line with the previous month.

“May typically represents the start of the slower order season for Class 8. As such, seasonal adjustment pushed May’s order number above the recent trend to 24,300 units,” said Kenny Vieth, president and senior analyst, ACT Research. “The preliminary volume for Classes 5-7 represents a 12% increase compared to last year. With a low but positive factor, seasonal adjustment gave a modest boost to the May order tally at 17,200 units.”

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