Equipment Class 8 orders plummet, but market remains ‘strong’: FTR December 5, 2022 Class 8 truck orders plummeted to 34,300 units in November, according to preliminary data from industry forecaster FTR, well off the 56,000 ordered in September. However, while orders have slid…
Business Management Class 8 orders fell sharply in July August 3, 2022 North American Class 8 truck orders fell sharply in July, according to preliminary data from ACT Research, but it’s not clear what was driving the decline. Class 8 orders totaled…
Equipment Supply chain shortages continue to limit Class 8 truck orders July 7, 2022 North America’s Class 8 truck orders spiked 13% in June, but were down 36% year over year as OEMs continue to carefully manage order intake in light of uncertainty about…
Equipment Truck orders range-bound as shortages persist June 3, 2022 North American fleets ordered 14,000 Class 8 trucks in May, according to preliminary data from ACT Research, while 17,000 Classes 5-7 units were ordered. “We are coming to that time…
Equipment Class 8 orders weak in January due to ‘supply-side shortages’ February 3, 2022 Class 8 orders in January totaled just 21,300 units, with Classes 5-7 orders dropping to 16,500, according to preliminary data from ACT Research. The industry analyst attributes weak order activity…
Equipment Class 8 order pullback due to lack of supply, not diminishing demand October 5, 2021 FTR reported preliminary Class 8 orders of 28,100 units in September, down 29% from August and 12% year over year. However, the industry forecaster says the pullback is due to…
Equipment ACT Research slashes production forecast as component shortages linger September 13, 2021 ACT Research is slashing its production forecasts for this year and next, as truck makers cope with supply issues. “In the current period of [near] record demand for commercial vehicles…
Equipment ECONOMIC WATCH: Class 8 orders continued climb in August September 2, 2020 BLOOMINGTON, Ind. – Class 8 truck orders continued to climb in August, according to preliminary data from FTR, totaling 20,500 units. Numbers were up 3% from July and 90% from…
Equipment ECONOMIC WATCH: Class 8 orders hit nine-month high August 18, 2020 COLUMBUS, Ind. – Class 8 orders hit a nine-month high in July, according to the latest data from ACT Research. “Despite the economy still operating well-below pre-pandemic levels, freight rates…
Equipment ECONOMIC WATCH: May Class 8 orders remained subdued June 3, 2020 BLOOMINGTON, Ind. – Preliminary data from FTR and ACT Research point to May Class 8 orders of 6,600 and 6,700 units respectively, marking continued subdued activity from fleets. May orders…
Equipment ECONOMIC WATCH: Truck orders plunge as fleet uncertainty rises March 5, 2020 BLOOMINGTON, Ind. – Orders for Class 8 trucks fell sharply in February to a total of 14,100 units, according to preliminary data from FTR. That marked an “unexpected” 20% drop…
Equipment Commercial vehicle market continues to deteriorate October 28, 2019 COLUMBUS, Ind. –ACT Research is forecasting a pullback in build rates for heavy-duty trucks and trailers as the commercial vehicle market is continuing to deteriorate. “While less cliff-like,…
Equipment Class 8 truck market to see ‘significant correction’: ACT October 1, 2019 COLUMBUS, Ind. – The Class 8 truck market is moving into a significant correction next year, according to ACT Research. The medium-duty truck market remained soft in July, indicating it…
Equipment Truck and trailer orders normalizing, not crashing: FTR September 11, 2019 INDIANAPOLIS, Ind. – Class 8 truck orders have fallen sharply in recent months, but FTR forecasters aren’t sounding any alarms, and say the drop marks a return to more normal…
Equipment “Significant correction” coming for Class 8 market: ACT July 29, 2019 COLUMBUS, Ind. – The Class 8 truck market is on the cusp of a significant correction, according to the latest Transportation Digest from ACT Research. The report also suggests the…