According to preliminary data from ACT Research Co. and FTR, North American Classes 5-8 orders declined slightly in August, dropping 1,400 units from last month, while rising 28% year-over-year. Class 8 orders had a strong month of August, while medium-duty orders fell slightly.
According to FTR’s numbers, preliminary Class 8 net orders for August came in at 20,700 units, 14% above July and 50% better than a year ago. This was in line with FTR’s expectations and marked the best August performance since 2014.
“August orders continue the positive trend in the Class 8 market,” said Don Ake, vice president of commercial vehicles at FTR. “Orders were up for the third straight month, and it looks like May’s 16,500 orders will be the low point for the year. Orders are expected to increase in September, leading into robust order activity in Q4.”
ACT’s Class 8 numbers came in at 23,800 units, up 21% month-over-month and 49% year-over-year. Medium-duty orders, meanwhile, rose to 18,800 units, down compared to last month but up 10% year-over-year.