N.A. Class 8 net orders up for seventh consecutive month
COLUMBUS, Ind. — Class 8 commercial vehicles net orders for the North American markets totalled 28,900 units (not SA) in March, more than 4,800 units higher than February, according to a report from ACT Research Company.
The strong order volume pushed the Class 8 heavy-duty backlog to almost 108,000 units at month-end, according to ACT, with the current backlog nearly 150% above the same time last year, reaching a level not seen since December 2006. ACT says that the pace of general economic growth supports this strength in Class 8 demand.
“For the past six months, Class 8 orders have been booked at over 300,000 units on an annualized basis,” according to Frank Maly, director of commercial vehicle transportation analysis and research at ACT. “Backlogs continue to grow, as strengthening orders outpace production increases. Further improvement in production levels will definitely occur as we proceed through 2011.”
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 Profane language and content deemed to be libelous, racist, or threatening in nature will not be published under any circumstances.