truck orders

Canada truck market ‘particularly robust’: FTR

BLOOMINGTON, IN - Class 8 truck sales continued to recover in September, reaching 22,100 units overall. That's up 7% compared to the previous month, and 62% above a year ago. Those order volumes meet expectations, and Canadian orders were "particularly robust" as fleets benefit from a strong economy, say the analysts at FTR. North American Class 8 orders reached 239,000 units in the past 12 months. "The recovery in the Class 8 market is building, and we saw that with the orders through the summer. Order totals never got that low and followed cyclical trends," said Don Ake, vice president - commercial vehicles at FTR.

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.