Class 8 Orders Bound for Canada and Mexico Rise

COLUMBUS, IN — March’s drop in class 8 orders is a precursor to stronger demand, ACT Research reported today, especially in light of declining cancellations and rising orders for Canada and Mexico.

“Reflecting healthy economies and perhaps currency strength, Class 8 orders bound for Mexico and Canada rose to levels last seen in late 2011,” said Kenny Vieth, ACT’s president & senior analyst. “Positively, cancellations fell to their lowest levels since Q3’10 for the second time in the past 3 months. Declining cancellation trends in the U.S. & Canada bode well for the future,” he added.

March Class 8 net orders totaled just over 22,000 units for the sixth consecutive month, ACT said. Medium duty net orders totaled 15,400 units

In medium-duty, strong bus and RV orders offset a drop in van orders, while class 5-7 truck orders stayed flat in March for a total of 15,400 units.

Have your say

This is a moderated forum. Comments will no longer be published unless they are accompanied by a first and last name and a verifiable email address. (Today's Trucking will not publish or share the email address.) Profane language and content deemed to be libelous, racist, or threatening in nature will not be published under any circumstances.