Class 8 orders continue to improve: FTR Associates

Avatar photo

NASHVILLE, Ind. — North American Class 8 net orders were up for the fourth consecutive month in September, according to preliminary figures from industry forecaster FTR Associates.

 

The North American OEMs totaled 10,817 units in orders in September, the report says, which marks the fourth consecutive month-over-month gain. The total includes orders for the US, Canada and Mexico as well as exports.

 

Year-to-date orders are now 5.2% better than last year, according to FTR, marking the first year-over-year improvement since June 2008.

 

“FTR still believes that any increases we are seeing now are partially driven by abnormal industry activity ahead of 2010 EPA emissions mandate,” noted FTR president Eric Starks. “The data we track does not support any significant purchasing activity driven by increased freight demand any time soon.  We continue to advise our clients to expect a continued soft recovery at least through 2010.”   

Avatar photo

Truck News is Canada's leading trucking newspaper - news and information for trucking companies, owner/operators, truck drivers and logistics professionals working in the Canadian trucking industry.


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 Profane language and content deemed to be libelous, racist, or threatening in nature will not be published under any circumstances.

*