Truck orders drop in April, still strong year-over-year
According to the numbers from both FTR and ACT Research Co., truck orders predictably fell in April from the stratospheric heights reached in January through March of this year; however, the numbers were still significantly improved year-over-year for April. FTR reported that preliminary North American Class 8 orders for April dropped to 34,700 units for the
Total U.S. trailer orders rose 39% y/y; industry now committed through October
While its preliminary estimate was 29,500, ACT Research is now reporting that the trailer industry closed March a bit stronger, with just over 30,000 net orders. The industry is now committed through October, ACT reported. “Although off 11% versus a very strong February, volume was up 39% year-over-year,” said Frank Maly, ACT’s director of CV transportation
This year’s first quarter was the second-best ever for truck orders
This year’s first quarter of truck orders was the second-best ever recorded, ACT Research found. Q1 of 2018 came in second only to Q1 of 2006, which featured a frenzied period of ordering ahead of EPA ’07 regulations. Q1 of 2018 averaged 45,400 units sold per month. “Like 2006, 2018 has the same economic/freight component,
Trailer orders remain strong in March
According to the numbers from both FTR and ACT Research Co., trailer orders in March fell month-over-month but rose year-over-year, continuing a strong series of months for the trailer industry. FTR has preliminary March trailer orders at 27,500, which reflect a typical seasonal decline from February, down 16% m/m. However, orders were historically strong with
Strong March truck orders cap off record-setting first quarter
According to the preliminary numbers from both FTR and ACT Research Co., truck orders continued their record-setting pace in the month of March. Medium-duty orders had a particularly strong month, ACT noted. FTR’s numbers had North American Class 8 orders for March, at 46,300 units, which is the third highest month on record, 15% above
Class 8 orders and backlog continue to rise
According to ACT Research Co.’s final numbers for the month of February, the order onslaught continued. Although Class 8 orders fell below January’s second-best ever mark, February was still the seventh-best month for Class 8 orders ever recorded. U.S. and Canadian tractors remain the primary drivers of outsized order volumes, rising 107% and 112% year-over-year,
Trailer orders set a February record, industry committed through September
According to the numbers from both ACT Research Co. and FTR, trailer orders set a record for the month of February, despite falling month-over-month compared to a strong January. ACT’s final numbers for February net trailer orders is 33,000 units. While February net orders were off 17% from January, they were up 27% year-over-year. Feburary came
Trailer orders on the rise, potentially booked through Labor Day
Following historically strong net order volumes in 2017’s final two months, January U.S. trailer net orders continued the pattern, booking the fifth-best order month in history, according to ACT Research. “Reefers led the way booking that product’s strongest month in history, while total net orders were up 24% year-over-year,” noted Frank Maly, director of CV
Truck orders continue to hit record levels in February
According to preliminary data from both FTR and ACT Research, Class 5-8 truck orders had one of the best-ever months in February; according to ACT’s estimation, it was the fifth-strongest order month of the 2000s. This comes after another record-breaking month in January, which was measured at the second-highest levels since order tracking began. ACT’s
January was the second-strongest month ever for truck orders
As anticipated by the preliminary numbers, North American Class 8 orders hit near-record levels in January, reaching 49,100-plus units according to the final numbers from ACT Research. This represented a 121% year-over-year growth, and is the second-best level ever to be hit since truck orders started being tracked, losing out only to March 2006. According
Used truck sales rise y/y, fall m/m
Total Class 8 used truck prices rose 2% year-over-year in January, but dipped 3% compared to December, according to the latest numbers from ACT Research. “Dealers are reporting that there was a noticeable increase in used truck sales at the end of 2017 that appears to be more than the end of the year ‘buying
Preliminary trailer orders show record-setting month in January
Preliminary numbers for January trailer orders are in, and like the market for truck orders, trailer orders are hitting record levels. ACT Research Co. has preliminary January numbers at 39,100 units, which would be the second-best month in industry history and was the best January on record. “January net orders came in 22% better year-over-year,” said