
FTR’s revised Trucking Conditions Index showed significant improvement for the month of June thanks to strengthening freight demand and lower fuel prices, but other factors are likely to keep things subdued through the rest of the year.
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Preliminary Class 8 orders in July were around 10,000, as reported by ACT Research and FTR, the lowest since 2010 without seasonal adjustments.
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It’s no secret that orders for Class 8 trucks have been in decline this year, but May is projected to hit new lows, according to preliminary reports from FTR and ACT Research.
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Trailer orders in March fell to the lowest level since late 2016, according to reports from analysts at FTR and ACT Research – but demand's still high.
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Reports from FTR and ACT Research confirm that Class 8 truck orders were down in February. However, the medium-duty Class 5-7 truck segment continued its solid upward trend.
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Truck orders got off to a slow start in 2019 with early reports from industry analysts ACT Research and FTR tracking a 26% decline in January compared to December 2018.
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Despite a significant drop off in trailer orders to close out the year, 2018 was the best year on record for trailer orders, according to preliminary reports from ACT Research and FTR.
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FTR’s Trucking Conditions Index fell to a reading of 3.17 in October, more than one point lower than the previous month’s number.
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After a banner year in which Class 8 truck orders averaged at least 42,600 units per month, early reports from both ACT Research and FTR show a drop off in activity in November.
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Trailer orders keep pouring in, with preliminary data from Act Research indicating 55,530 were ordered in October and research firm FTR calling trailer orders “tremendous for the second month in a row,” giving a total for October of 53,000 units.
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