ACT Research

N.A. Decline in Truck Orders Not Surprising

COLUMBUS and BLOOMINGTON, IN - Orders for both medium-duty and heavy-duty trucks in North America posted declines, according to two newly released preliminary reports, but the markets remain healthy. For the month of June, 34,600 Classes 5-8 vehicle orders were booked, down 14% from May and 17% less compared to June 2014, according to ACT Research. The commercial vehicle industry data provider said it believes the recent order decline is a reflection of meaningfully larger backlogs rather than any structural change in demand.

North American Truck Orders Post April Decline

COLUMBUS and BLOOMINGTON, IN -- Orders for new heavy-duty and medium-duty trucks in North America both hit the skids a little bit, but it's no cause for alarm. During April, 39,700 Class 5 through Class 8 truck orders were booked, down 6% compared the April 2014, according to preliminary numbers from the commercial vehicle industry data provider ACT Research. Actual numbers will be published in mid-May. "While the order volume represents a fairly sharp deceleration from the 50,000 units-plus order months experienced from October to February, the pullback is a reflection of already large backlogs as well as a paucity of build slots remaining in 2015," said Kenny Vieth, ACT president and senior analyst. "This month's net orders were not a surprise, considering that the calendar is moving away from peak order season."