Class 8 Orders Subdued Due to Backlog, Component Shortages
With backlogs largely full for the year, OEM’s have yet to open their order boards for 2023.
May 4, 2022
With backlogs largely full for the year, OEM’s have yet to open their order boards for 2023.
May 4, 2022
The first two days of FTR's 18th Annual Transportation Conference will feature truck equipment- and truck freight-related tracks.
May 3, 2022
FTR’s Trucking Conditions Index is forecast to recover to positive territory in April and beyond, but signals of potentially weaker demand and rates than currently forecast could temper that outlook.
April 18, 2022
A major jump in trailer orders during March will extend OEM commitments through most of the rest of the year, unless manufacturing capacity increases.
April 14, 2022
To keep Class 8 truck order backlogs in check, OEMs are booking orders a month at a time, just under current production rates.
April 5, 2022
A record surge in fuel costs in the wake of Russia’s invasion of Ukraine will hit trucking conditions in the near term. For now, FTR’s Trucking Conditions Index outlook remains positive, but the downside risks have increased greatly.
March 14, 2022
OEMs are not confident that the supply chain will improve in the short term, so they are controlling the number of official Class 8 truck orders very carefully, keeping backlogs at a manageable level.
March 3, 2022
FTR expects conditions to remain positive for carriers through 2022 with gradual easing, but swings in fuel prices could maintain volatility.
February 14, 2022
While there is demand for new trucks, OEMs continue to be limited in what they can produce due to shortages of semiconductors and other components.
February 3, 2022
FTR’s Trucking Conditions Index for November 2021 rebounded from October due to steadier diesel prices, and firmer freight volumes and rates.
January 24, 2022
The decline in trailer orders is attributed to supply chain disruptions, a labor shortage, and OEMs having to continue to manage backlogs.
January 13, 2022
After hitting a Class 8 cancellation speed-bump in November, orders rebounded to a level just above the second half of 2021 production trend in December, ACT Research reported.
January 6, 2022
Trailer net orders rebounded in November, as large fleets place orders and OEMs began to solidify their 2022 production plans.
December 14, 2021
The low order total in November is not due to any lack of demand, but rather due to the uncertainty in the supply chain.
December 6, 2021
October is the traditional start of the fall ordering season for the following year. However, this is far from a normal year, as October trailer order numbers show.
November 23, 2021
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