Class 8 Truck Orders

By Kang Rohman 07 Nov, 2020

Ftr reports preliminary north american class 8 net orders rebounded in july to 20,000 units, up 28% from june, and double the orders placed in july 2019. Numbers were up 3% from july and 90% from last august.

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Preliminary data from ftr showed orders up 26% from september and 88% from last october.

Class 8 truck orders. And economic activity translates to growth in the manufacturing. Class 8 net orders for the last 12 months now total 158,000 units. May orders for class 8 trucks, while up significantly from the dismal april levels, were still down nearly 40% compared to last year, according to preliminary figures from act research and ftr.

Workers install parts on a truck engine at a mack trucks assembly facility in macungie, pa. Ftr reported net orders soared to 40,100 units, the first time orders surpassed 40,000 since october 2018. Advertisementclick here to read moreadvertisement according to the numbers from act research co.

Class 8 orders for the past twelve months now stand at 215,000 units. Class 8 orders have totaled 170,000 units over the past 12 months, according to ftr. Order backlog still feeds truck makers, but they don’t disclose for how long.

Consumer goods demand supported higher freight rates and trucking profits, resulting in robust equipment orders. Ftr says orders are being driven by large fleets keeping up with their replacement cycles, with a few orders geared towards expansion. The orders are being driven by fleets looking to secure 2021 deliveries, as.

Class 8 truck orders in july reached 20,000 for the first time in six months as growing freight demand created a need for more equipment despite economic uncertainty over the coronavirus pandemic. Class 8 net orders for the last 12 months. Ftr reports that preliminary north american class 8 orders for february remained subdued for the second consecutive months at 16,700 units, up […]

A major driver of this growth is the booming u.s. The last time class 8 orders fell below 10,000 was during the great recession. Workers install parts on a truck engine at a mack trucks assembly facility in macungie, pa.

“that order volume represents an improvement of 6% from september and an 84% uptick compared to last year,” say act officials. Backlog, build, inventory, new orders, cancellations, net orders retail sales. This is the first 40,000+ unit month for class 8 orders since october of 2018, adding to the already increased order activity from september.

North american class 8 orders took another plunge in. But during the transportation recession, paccar (peterbilt and kenworth), navistar international, daimler (freightliner and western star), and volvo group (mack trucks and volvo trucks) and their suppliers. Orders of new class 8 trucks tumbled to their lowest annual level in a decade in 2019 as a softening economy and a booking frenzy in 2018 combined to clobber orders.

Orders were up 26% m/m and up 83% y/y. Preliminary class 8 truck orders in north america topped 40,000 in october for the first time in two years. Preliminary orders of class 8 trucks jumped 27% from september to october and are up nearly 80% versus one year ago, according to act research.

Ftr reports preliminary north american class 8 net orders soared in october to 40,100 units. The last time class 8 orders fell below 10,000 was during the great recession.

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