Both ACT Research and FTR reported Class 8 preliminary net orders increased in January over December 2023, but taking a broader view both noted large increases in orders compared to the same time a year ago.
FTR Forecasts Only Incremental Freight Market Improvement in 2024
Avery Vise, FTR vice president of trucking, explained why the forecaster believes we'll see a sluggish freight economy for the near future.