Luber-finer gives Fleet Equipment an inside look at extreme clean cabin filter and Luber-finer University during the 2015 Mid-America Trucking Show in Louisville, Ky. Stay tuned for more FE Video coverage and more news from the show.
Despite the substantial drop from February, FTR says the market is performing well, as March orders are on track with 2023.
FTR reported that Class 8 preliminary net orders for March came in at 18,200 units, down 34% from February and 4% below March 2023. Orders for the past 12 months have totaled 264,800 units. With March orders comparable to the March 2023 level, FTR says the market is still performing at a solid level.
FTR says March orders, like February’s activity, are consistent with the recent demand trend and are in line with seasonal expectations. After maintaining an average level of around 27,000 units for the last three months, FTR adds that orders appear to be slowing at a seasonally typical rate, while build slots continue to be filled at a healthy rate. “Despite weakness in the freight markets that has persisted for more than a year, fleets continue to be willing to order new equipment," says Eric Starks, FTR chairman of the board. "Order levels in March were below the historical average but remained in line with seasonal trends. Demand is not declining rapidly, but neither is the market doing significantly better than replacement level demand. Our expectation for replacement output by the end of this year is unchanged.”
Talking through the challenges, the technological advances, and the strategies for a sustainable future.
ACT Research says limited capex and companies saving money to meet EPA regulations are currently weighing on trailer demand.
Orders are scheduled for production in Q3 of this year.
This recent funding follows the company’s $8M seed round from November 2022, bringing total funding to $31.5M.
Sandeep Kar of Noregon and Mark Wallin of Phillips Connect join On the Road to answer questions about the new partnership.
Rethinking traditional truck spec’ing notions, spotlighting sustainability in diesel technology.
MEMA and its members welcome the EPA’s final rule for Greenhouse Gas Emissions Standards for Heavy-Duty Vehicles.
The competition is searching for America’s top rookie military veteran driver, who transitioned into trucking after military service.
