Truck News

truck demand

  • News Equipment

    “Significant correction” coming for Class 8 market: ACT

    July 29, 2019 7:18AM by Truck News

    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 U.S. economy will decelerate from the 2018 tax cut-boosted growth

  • News Equipment

    August Class 8 orders set new record

    September 24, 2018 8:42AM by Truck News

    COLUMBUS, Ind. – It was a record August for Class 8 truck orders, according to data from ACT Research. There were 53,069 units booked in August, marking the sixth time in eight months in which industry orders surpassed 40,000 units.

  • News Equipment

    Truck orders dip in April

    May 2, 2018 8:34PM by Truck News

    COLUMBUS, Ind. – Classes 5-8 net orders slowed in April, but were still up 40% year-over-year, according to preliminary data from ACT Research. ACT reported Classes 5-8 net orders of 59,600 units in April, but added the lower order intake

  • News Equipment

    FTR boosts truck, trailer demand outlook

    March 12, 2018 10:21AM by Truck News

    BLOOMINGTON, Ind. – Industry forecaster FTR is significantly increasing its outlook for Class 8 and commercial trailer shipments. It is now pegging North American Class 8 factory shipments for 2018 at 330,000 units, and commercial trailers at 334,400 units. The

  • News Equipment

    Canadian Class 8 orders up 259% y-o-y in January

    February 20, 2018 12:55PM by Truck News

    COLUMBUS, Ind. – January Class 8 truck orders were up 121% year-over-year, marking their second-best level in history, according to ACT Research. North American Class 8 orders totaled 49,100-plus units. “The only month in history better than January was a

  • News Equipment

    Navistar returns to profitability, anticipates strong 2018

    December 19, 2017 6:42AM by Truck News

    LISLE, Ill. – Navistar International returned to profitability in the fourth quarter of 2017, reporting Q4 net income of US$135 million on revenues of $2.6 billion. It wrapped up the year with net income of $30 million, and improved its

  • News Equipment

    Class 8 orders surged in October

    November 6, 2017 7:18AM by Truck News

    BLOOMINGTON, Ind. – Preliminary North American Class 8 net orders reached 35,700 units in October, marking a 62% month-over-month increase, according to FTR. That’s a 167% increase from October 2016. “Class 8 orders surged in October. The market seems well

  • News Equipment

    Volvo’s North American truck market outlook improves

    September 7, 2017 4:17PM by James Menzies

    GREENSBORO, N.C. – Volvo has increased its outlook for the North American Class 8 truck market, now projecting demand for 225,000 trucks this year, with stronger orders coming in the latter part of the year. That’s up from earlier projections

  • Class 8 truck orders slowed in May

    June 5, 2017 6:47AM by Truck News

    Class 8 truck orders pulled back in May, to just over 16,000 units, ending a growth streak that began in October 2016 and reaching the lowest volume in the past seven months, according to industry analysts. FTR reported 16,300 preliminary

  • News Equipment

    Optimism growing for stronger Class 8 truck demand

    March 22, 2017 2:38PM by James Menzies

    LOUISVILLE, Ky. – Truck and component manufacturers at the Mid-America Trucking Show indicated they are increasingly optimistic about the Class 8 truck market in 2017. Joe McAleese, chairman of Bendix, said going into this year, he expected Class 8 builds

  • News Equipment

    Excess inventory a concern, but truck market remains strong: Volvo

    June 28, 2016 3:07PM by James Menzies

    SHIPPENSBURG, Pa. — Sluggish order activity and high dealer inventories are plaguing Volvo and other truck makers this year, but Volvo continues to project North American Class 8 truck sales to come in at around 250,000 units. Not a bad

  • News Equipment

    Kenworth remains optimistic about truck market

    May 18, 2016 12:27PM by James Menzies

    CHILLICOTHE, Ohio — Class 8 truck orders have fallen sharply in the early months of 2016, but Kurt Swihart, director of marketing for Kenworth, is maintaining an optimistic view. Speaking to trade press journalists today, Swihart said Kenworth predicts Canada/US

  • US fleet sentiment remains strong

    November 2, 2015 8:33AM by Truck News

    COLUMBUS, Ohio — US fleets are planning to continue ordering new equipment in 2016 at a pace similar to 2015, according to the latest Fleet Sentiment Report from CK Commercial Vehicle Research. A majority (76%) say their heavy-duty truck orders

  • Truck demand to remain strong in 2016, DTNA’s Daum predicts

    October 19, 2015 1:50PM by James Menzies

    The biggest contributor to GHG emissions, congestion, can’t be controlled by truck OEMs

  • News Equipment

    It’s the dog days of summer for Class 8 orders

    September 3, 2015 1:31PM by Truck News

    Preliminary Class 8 truck orders reached their lowest levels since September 2013 in August, according to industry forecaster FTR. They totaled 19,550 units, down 18% from July and 22% year-over-year. “Historically August is one of the lowest ordering months, so