FTR Associates has released preliminary data showing December Class 8 total net orders for all major North American OEM's at 8775 units -- the weakest monthly order activity since mid-2002.
December 2008 order activity is significantly lower, by 45 percent, than the same month in 2007 and foretells a very soft start to 2009, notes FTR. The figure includes U.S., Canada, Mexico and exports. Final data for December and total 2008 will be available from FTR later in the month.
FTR Associates, located in Nashville, Ind., has been a leader in transportation forecasting for more than 20 years. FTR Associates' forecast reports cover trucking and rail transportation and include demand analysis for commercial vehicle as well as railcar.
December 2008 order activity is significantly lower, by 45 percent, than the same month in 2007 and foretells a very soft start to 2009, notes FTR. The figure includes U.S., Canada, Mexico and exports. Final data for December and total 2008 will be available from FTR later in the month.
FTR Associates, located in Nashville, Ind., has been a leader in transportation forecasting for more than 20 years. FTR Associates' forecast reports cover trucking and rail transportation and include demand analysis for commercial vehicle as well as railcar.
Read more about
Economy
media brand
0 Comments
See all comments