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ACT Research's latest report on trailer order numbers show a strong January, despite a drop from December.
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Class 8 truck orders orders were booked above a 400,000-unit seasonal rate in January for the fourth month in a row, according to ACT Research.
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Class 8 truck orders remained strong in January, with preliminary numbers coming in at around 35,000 units – an increase from January 2014 but falling below 40,000 units for the first time in three months.
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While demand for used trucks is high, the supply is not keeping up, causing a decline in used truck sales from traditional retailers, but an increase in sales overall.
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Class 8 truck orders in 2014 were up 42% over 2013, with 380,200 net orders being placed last year, according to data from ACT Research. Class 5-7 truck orders also performed well, selling 223,250 units.
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Demand for commercial vehicles remained healthy in December, as 65,700 total heavy- and medium-duty trucks were ordered, according to the latest projections from ACT Research.
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ACT Research found that demand for Class 8 trucks remained high in November with 40,925 units ordered. It was the fifth best month since the research company began collecting data in the 1980s.
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Over 36,000 trailers were ordered in November, representing the 4th most orders of all time, according to ACT Research. Trailer orders were up 43% over last year.
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Net orders for Class 5-7 trucks in November fell 4 percent compared to October net orders, according to ACT Research.
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Commercial truck orders remained strong in North America in November, according to reports from two leading industry research firms, with Class 8 orders racking up the fifth-best month of all time.
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