MENU
SEARCHFTR Associates has released preliminary data showing July Class 8 truck net orders at 17,307 the lowest level since September 2012. July orders were down 7% from June; however they were 38% better than the same month a year ago.
FTR Associates has released preliminary data showing July Class 8 truck net orders at 17,307 the lowest level since September 2012.
July orders were down 7% from June; however they were 38% better than the same month a year ago. Class 8 orders for 2012 totaled 224,600; current year orders for the six month period that includes July annualize to 251,700 units.
Preliminary order numbers are for all major North American OEMs.
Eric Starks, FTR’s president, commented: “Orders were generally in line with expectations (but weighted towards the lower end) given the normal softness seen during the summer months. Going forward, we will be watching the August order numbers closely.
"Any further softening in the numbers would suggest that FTR would likely need to lower the Q4 production forecast. However, the recent uptick in manufacturing keeps us optimistic that order activity will remain at healthy levels.”
Transportation attorney Greg Feary breaks down the recent Supreme Court decision that brokers can be held liable for damages in truck accidents and what it means for the trucking industry going forward.
Read More →
Preliminary net trailer orders rose 3% from March and jumped 126% year over year, signaling stronger-than-expected demand despite typical seasonal softness.
Read More →
Truckload spot and contract rates climbed in April. But DAT says higher fuel costs -- not stronger freight demand -- were behind most of the increase.
Read More →
Heavy Duty Trucking has extended the deadline for nominations for its Truck Fleet Innovators awards. The deadline has been extended to May 22.
Read More →
The unanimous SCOTUS ruling in the closely watched Montgomery v. Caribe case allows state negligence claims against freight brokers that hire unsafe motor carriers, raising new liability and vetting concerns among brokers.
Read More →
FMCSA's long-awaited registration system promises a single portal — and tighter fraud controls. And there are steps you need to take by May 14.
Read More →
New Fleet Advantage research shows generative AI adoption has exploded among private fleets. But poor data integration and weak ROI tracking are preventing fleets from unlocking AI’s full operational and financial value.
Read More →
Seven years into deploying Phillips Connect’s smart trailer platform, Nussbaum Transportation has extended trailer life from 10 to 15 years.
Read More →
How a former commercial vehicle enforcement officer turned director of safety at K&B Transportation is embracing real-world safety technology.
Read More →
When the unexpected happens, how you react to, and deal with operational blind spots is critical. Here’s how to keep you recovery on track, when nothing is normal.
Read More →
