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Net Class 8 truck orders in September increased modestly from the previous month, possibly signaling that a historically weak season for orders was ending.
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Customers ordered 20,400 medium-duty vehicles in Classes 5 to 7 in September, which represents a 19% increase from August, according to preliminary numbers from ACT Research.
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ACT Research released its preliminary U.S. net trailer orders for September 2016, showing a decline from the previous month and weaker than anticipated order pace.
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Net orders of Class 8 trucks were in line with expectations, falling only slightly from the previous month’s numbers, according to preliminary numbers from FTR and ACT Research.
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Used Class 8 truck sales saw a summer sales surge that could indicate that fleets are opting to buy used trucks instead of newer models, according to an ACT Research report
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Net Class 8 truck orders rose to a three-month high in August, helped by cancellations which fell to a near three-year low, according to the latest numbers from ACT Research.
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The final numbers on August net trailer orders show a significant increase over the previous month that still fell slightly below expectations.
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Preliminary numbers for U.S. net trailer orders are projected to be up in August after weak order numbers in July, according to ACT Research.
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Orders of medium-duty vehicles in Class 5 to 7 increased 10% to 16,900 in August and rebounded to a three-month high, according to ACT Research.
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Orders for Class 8 trucks in the month of August will be slightly above expectations and a 36% improvement over July’s terrible numbers, according to projections from FTR and ACT Research.
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