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Class 8 demand stays strong; cancellations decline

COLUMBUS, Ind. -- ACT Research is reporting Class 8 truck orders for May remained above 20,000 for the eighth consecutive month, reaching their second highest volume in the past 17 moths.


COLUMBUS, Ind. — ACT Research is reporting Class 8 truck orders for May remained above 20,000 for the eighth consecutive month, reaching their second highest volume in the past 17 moths.

Net Class 8 orders reached 23,188 units while Classes 5-7 net orders totaled 17,088 units, representing the best order volume in the past eight months.

“New orders being placed for Class 8 vehicles continue to come from soon-to-be buyers who are genuine in their need for new trucks,” said Steve Tam, ACT’s vice-president, commercial vehicle sector. “Cancellations fell meaningfully in May, flirting with a new all time low. The lack of speculative orders bodes well for the industry as any increase in need for trucks will translate immediately into order activity.”


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