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Despite falling compared to the previous month, net trailer orders in March remained robust, posting significant gains compared to last year.
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Class 8 truck orders for March have beat expectations for the third month in a row, according to FTR. While relatively flat compared to last month, they're up over last year.
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Used Class 8 truck sales volumes in February were higher overall than in 2016 and they improved for a second consecutive month, according to an ACT Research Report.
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February trailer orders are expected to trail January’s excellent numbers but still exceed last year’s numbers, according to the preliminary estimates from ACT Research.
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Class 8 truck orders are expected to be strong again in February, beating expectations for the second month in a row, according to preliminary numbers from ACT Research and FTR.
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Class 8 truck orders hit a 13-month high in January at 22,188 units, rebounding from poor 2016 numbers for the second and third quarter, according to ACT Research.
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Trailer orders in January increased 92% compared to the same month of 2016 but were down slightly from December's orders, according to ACT Research.
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With the preliminary numbers rolling in from ACT Research and FTR, it is looking like January was a banner month for both heavy- and medium-duty truck orders.
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The trailer industry closed 2016 on a high note, with increases in dry van and reefer orders yet was down compared to November, according to ACT Research.
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Orders of classes 5 to 7 vehicles declined 1.1% in 2016 after a strong December finish and have outpaced heavy-duty truck orders in part due to pent-up demand from government fleet purchasers, according to ACT Research.
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