Truck News

News

January’s Class 8 order intake second best in past 12 months: ACT Research

COLUMBUS, Ind. -- Class 8 orders rose for a second straight month in January, remaining above 20,000 units for the fourth consecutive month, according to the latest data from ACT Research.


COLUMBUS, Ind. — Class 8 orders rose for a second straight month in January, remaining above 20,000 units for the fourth consecutive month, according to the latest data from ACT Research.

Medium-duty orders came in at nearly 14,000 units. The final numbers were included in ACT’s State of the Industry report, covering Classes 5-8 vehicles for the North American market.

“January is typically a strong order month,” said Kenny Vieth, ACT’s president and senior analyst. “When seasonally adjusted, the month’s net intake for Class 8 dropped to 20,900 units. On that basis, it was the second best order intake in the past 12 months. Concerning medium-duty vehicles, demand has continued to move steadily higher through the cycle-to-date. With reduced drag from state and local government spending and the improving outlook for residential investment, demand for MD vehicles is expected to continue trending higher.”


Truck News

Truck News

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

Print this page
Related Articles
TruckNews
TodaysTrucking


Have your say:

Your email address will not be published. Required fields are marked *

*