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ACT Research expects Class 8 truck orders to slip to a still robust 42,800 units, and when paired with record order highs in July and August, FTR expects the third quarter of 2018 to set an all-time record.
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Trucking capacity appears to be catching up to strong demand in ACT Research’s latest for-hire trucking index covering the month of August.
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Trailer orders in August are expected to exceed projections for the second straight month, showcasing just how hot equipment sales have remained so far in 2018.
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Analysts are projecting another record-breaking month for Class 8 truck orders in August, according to preliminary numbers.
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Used truck prices stayed relatively flat in July but remained at favorable levels compared with the same month a year ago, according ACT Research.
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The latest numbers from ACT Research’s For-Hire Trucking Index show that the supply and demand balance improved in July.
Read More →Class 8 truck orders surpassed the 40,000-unit mark for the fifth time in seven months as dealers have already begun ordering for 2019.
Read More →Early reports on trailer orders are projecting a record high for the month of July, more than doubling the amount seen in 2017.
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As battery technology improves and other advantages become more apparent, Class 4-7 commercial electric vehicle sales could top 100,000 units by 2035.
Read More →North American Class 8 truck orders surpassed 52,000 in July, setting a new all-time record in what is typically the weakest order intake month of the year.
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