Class 8 Truck Orders Hit Six Month High
COLUMBUS, IN – Class 8 new and net orders hit a six month high in October, according to a recent report by ACT Research.
New orders came in at 29,824 units while net orders landed at 28,026 units.
This order flow, ACT said, points to a strong end in 2011 with production at or above 250,000 units. It will also set the stage for 2012.
Kenny Vieth, president and senior analyst at ACT, said that the news from carriers is good. "Expectations for future freight and profitability are upbeat."
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 Profane language and content deemed to be libelous, racist, or threatening in nature will not be published under any circumstances.