FTR: Class 8 order levels remain unchanged from August

FTR: Class 8 order levels remain unchanged from August

FTR has released preliminary data showing September 2015 North American Class 8 truck net orders at 19,460 units, 0.4% below August. The September order activity met expectations albeit with a higher anticipated cancellation rate for the second month in a row. Base Class 8 order activity has been consistent for the past five months. September 2015 follows the trend of previous months with a -21% year-over-year comparison. However with heavy ordering early in the period, the past twelve months continue to annualize at a solid rate, now at 345,000 units.

“After the wild order activity that started last October, the market has fallen back to a remarkable level of consistency,” Don Ake, FTR Vice President of Commercial Vehicles. “To have five months of orders be this stable in a stronger market is likely unprecedented. Fleets loaded their orders into the backlog by March and OEMs have just been filling in the remaining slots since then. We don’t see the increased cancellation rate the past two months as being a cause for concern. The orders that were cancelled were placed seven months or more prior to this, to hold production slots. While the market is softening some with fleets now deciding they do not need these trucks, total backlogs remain strong.”

Final data for September will be available from FTR later in the month as part of its North American Commercial Truck & Trailer Outlook service.

You May Also Like

Volvo, Westport joint venture to reduce long haul CO2 emissions

The companies anticipate that the joint venture will become operational in Q2 of 2024.

westport-logo-volvo-reducing-carbon-dioxide-co2-emissions

The Volvo Group and Westport Fuel Systems have signed an agreement to establish a joint venture to speed up commercialization and global adoption of Westport's High Pressure Direct Injection (HPDI) fuel system technology for long-haul and off-road applications.

High Pressure Direct Injection (HPDI) is a fuel system technology which can be applied in ICE vehicles to replace greenhouse gas-emitting fuels, like diesel, with carbon-neutral or zero-carbon fuels like biogas or hydrogen, according to Volvo.

EPA finalizes Phase 3, slows stringency before MY 2032

The new emissions standards are expected to improve public health and air quality, while giving companies enough lead time to meet the goals.

EPA-emissions-trucking-generic
Kodiak and Martin Brower partner for autonomous delivery

Martin Brower and Kodiak are making 8 autonomous food deliveries per week to quick service restaurants between Dallas and Oklahoma City.

Kodiak-Robotics-Martin-Brower-autonomous-partnership
CARB’s Clean Truck Check testing pushed back to 2025

This delay is only for required inspections, meaning fleets and owner/operators are still expected to register and pay fees.

truck-lights-generic
XL Specialized names Canadian sales manager

Richard Minotti is going to step into the role, through which the company aims to broaden its reach into the Canadian market.

Richard-Minotti-Headshot-XL-Specialized-trailers

Other Posts

S&P Global Mobility: U.S. commercial truck market beat expectations

According to new CV registrations in 2023, 45% of upfitted vehicles are being used as service/utility vehicles, or as dry freight vans.

Generic-commercial-vehicle-market-data-sp-global-mobility-upfitting
Kenworth Chillicothe marks 50 years of production

Since opening its doors on March 4, 1974, Kenworth’s Chillicothe, OH plant has produced more than 782,000 trucks.

Kenworth-Chillicothe-Ohio-employees-50-year-anniversary
Mack announces 2023 Dealer of the Year winners

The Mack North American Dealer of the Year award for 2023 was presented to Nextran Truck Centers of Tuscumbia, Alabama.

Mack-Nextran-NA-Dealer-of-the-Year
Two Volvo VNR Electric trucks will kick off new California pilot program

Volvo says the VNR battery-electric trucks are ideal for drayage operations due to their operational efficiency in tight spaces.

Volvo-VNR-ONE-Electric-Truck-Program-Drayage