
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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In the latest Trailer Components Report from ACT Research, analysts say that trailer orders could be slowing down due to the uncertainty of material and components pricing at future dates.
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January trailer order numbers were down to start the year as fleets and trailer makers are still dealing with the large amount of orders made in 2018.
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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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U.S. and Canadian natural gas Class 8 truck retail sales were down 23% year-to-date through November 2018, according to a quarterly report from ACT Research.
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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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December wasn’t a great month for Class 8 truck orders but it did little to dampen what was a tremendous year for the heavy-duty truck market in 2018.
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Even without December’s tally, 2018 is on pace to be the highest net order year in U.S. history for trailers, according to ACT Research.
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Trailer orders last month continued at a record-setting pace, with November expected to wind up the fifth best month in industry history.
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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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