NASHVILLE, Ind. -- FTR Associates has released preliminary data showing January Class 8 truck total net orders for all major North American OEM's at 27,009 units, a modest 1% increase over the strong December activity.
NASHVILLE, Ind. — FTR Associates has released preliminary data showing January Class 8 truck total net orders for all major North American OEM’s at 27,009 units, a modest 1% increase over the strong December activity.
FTR officials say this is a marked improvement from the 6,400 units ordered one year earlier and is an increase of 324% from January 2010. Net order activity annualizes to 251,900 units over the last six months, and the prior three months alone at 319,500 Class 8 trucks. The figure includes US, Canada, Mexico and exports.
“Orders for January came in above expectations. We had anticipated that they would be close to 25,000 units. The continued strong order activity in January adds more fuel to the recovery in the commercial vehicle equipment sector,” said Eric Starks, president of FTR. “With the recent sustained higher levels of order activity, 2011 is shaping up to be a very good year especially relative to where we were in 2009.”
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. All posts by Truck News