
The final numbers for January trailer orders have come in, showing a strong start to 2018 for the trailer industry as fleets try to meet increased freight demand, according to ACT Research.
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Orders of medium-duty vehicles surged in January and reached their highest level since the middle of 2006, according to ACT Research. Class 5 to 7 orders increased 39% during the month compared to January of 2017.
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Trailer orders in January will likely breach 39,000 units once the final numbers are tallied, indicating a strong start to 2018.
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Class 8 truck orders soared in January to their highest level since 2006, according to early reports from transportation analysts at ACT Research and FTR.
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North American Class 8 truck orders rose to a 37-month high in December, signaling a healthy market going into 2018.
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Heavy- and medium-duty truck orders are expected to total 58,800 units in December, hitting a 3-month high to end the year, according to early numbers from ACT Research.
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Following a surge in October, same-dealer used Class 8 truck sales dropped 17% in November and prices fell by 3%.
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An increase in heavy-duty natural gas use is being driven by the refuse industry, which has been adding new natural gas-powered trucks in significant volumes, according to ACT Research.
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ACT Research has announced that it is developing a multi-client study, examining the market potential in the U.S. and Canada for electric medium- and heavy-duty commercial vehicles through 2035.
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Class 8 same dealer used truck volumes continued to climb in October, with the best month of 2017 so far, according to ACT Research.
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