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While the average price of used Class 8 trucks was flat in June compared to the previous month, they have risen 15% over last year.
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May was another solid month for trailer orders but with weaker than projected production and bottlenecks in the supply chain, it may be a while before fleets receive their equipment.
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Class 8 truck orders saw another bump in May but bottlenecks in the supply chain have kept production numbers constrained.
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May was another strong month for new Class 8 truck orders as fleets work to keep up with increased demand in a tight capacity environment.
Read More →April trailer orders are projected to decline as much as 20% compared to the previous month, following seasonal ordering patterns, according to a preliminary report from FTR Intelligence.
Read More →Early reports are showing that heavy-duty truck orders likely dropped as much as 12,000 units from March to April, but despite that being the largest single-month decline since 2011, analysts are still calling the market for Class 8 equipment hot.
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Trailer orders topped 30,000 in March, besting an earlier estimate of 29,500 orders, showing that fleets are still investing in new equipment, according to ACT Research.
Read More →Truck orders in the first quarter of 2018 hit the second highest mark in history and mark the best period for orders since 2006, according to ACT Research.
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Preliminary data on heavy and medium duty commercial truck orders shows that the industry has surpassed 70,000 units in March, according to ACT Research.
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Class 8 truck orders have surpassed expectations in February, at 40,200 units for the month, according to preliminary reports from FTR and ACT Research.
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