As the end of the year approaches, the trucking industry remains strong. 2015 has generally been slightly lower order-wise than 2014 was, and unless this fall matches the historic boom we saw last year, it will end up as a down year. Despite that, it has still been a respectable year on the whole.
Reports from FTR found that trailer orders in September totaled 34,700, which the FTR report described as “significantly above expectations.” The order total for the month was 48% above August and improved 8% from a year ago.
According to ACT Research, Class 8 booked 19,400 net new orders in September, while Classes 5-7 posted 22,000 net orders.
Medium-duty trucks saw a nice uptick in orders. Class 5 orders grew 22% year-over-year, while Classes 6-7 increased by 9%.
October 2014 was a record-breaking month for sales of both trucks and trailers—in fact, the second-best in history, which will likely make 2015’s year-over-year numbers seem awfully low in comparison. October numbers are not finalized yet, but Martin Daum, president and chief executive officer of Daimler Trucks North America, cautions against making too much of the discrepancy.
“It’s not 2009 again,” Daum says on the likely decreased October numbers. “It was a monster October [last year], and this year we are back to normal levels. For me, the October we see this year is far healthier than the October numbers last year.”
Daum’s comments should help to allay some fears that any significant decreases may bring about. As for next year, Daum had some comments about what the future might hold.
“We go in with a very healthy backlog for next year—order intake will be higher than it was in Q4 2013,” says Daum. “We see this as an indication that next year will be somewhere between 2014 and 2015. It’s a strong statement, but that’s how we see it right now.”