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Class 8 truck orders are projected to fall once again in March, down as much as 12% compared to February, according to the latest numbers from ACT Research and FTR.
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Used Class 8 Truck volumes rebounded nicely in February following a disappointing month of sales in January, reports ACT Research.
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Class 8 truck orders in February were down 42% year-over-year while medium–duty orders were at the highest level in over a year.
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Class 8 truck orders were down as demand fell slightly compared to January, according to the early February numbers from ACT Research and FTR.
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ACT Research said the Used Class 8 truck market was mixed in January with a significant decrease in sales coupled with falling mileage, increasing average age and flat pricing.
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January was a tough month for truck manufacturers as Class 8 truck orders were down 35% compared to the previous month, according to a preliminary report from ACT Research.
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With falling fuel prices, U.S. and Canadian natural gas Class 8 truck retail sales had a slower 2015 compared to the previous year.
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Last year was the trailer industry’s best shipment year in history, edging out the previous record set in 1999.
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The Class 8 sleeper segment saw its best sales and production numbers in history in 2015, according to the latest numbers from ACT Research.
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Class 8 truck orders rebounded while Class 5-7 orders remained strong in December, according to preliminary numbers from ACT Research and FTR.
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