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Compared with last year’s record truck order numbers, the early reports for this November show dramatically decreased demand in the Class 8 segment.
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The 2012-model trucks sold in 2011, a good year, should push down prices as freight tonnage and demand now seems to be softening slightly.
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Class 5-8 vehicle orders are projected to hit 47,200 orders for the month of October which is up 14% from the previous month but 30% below last year’s numbers, according to ACT Research.
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The used Class 8 truck market showed mixed results in September with same-dealer sales inching closer to the six-month volume average, according to a recent ACT Research report.
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There were 19,400 Class 8 truck orders booked in September, slightly down from August but coming closer to a “more sustainable pace," according to ACT Research.
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Used Class 8 volumes in August fell slightly from July but gained compared with last year’s numbers, according to the latest report from ACT Research.
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There were 20,200 Class 8 truck orders in August, beating projections from earlier in the month but well below last year’s numbers, according to ACT Research.
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Preliminary numbers for Class 8 truck orders show near two-year lows in August, per the latest projections from ACT Research and FTR.
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The North American Council on Freight Efficiency and the Carbon War Room released their most recent “Confidence Report,” on lightweighting strategies for heavy-duty trucks, released August 25 at the Fleet Technology Expo in Long Beach, Calif.
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Even without a press-release-worthy, 9,000-unit multi-year order, heavy truck sales were still higher than analysts anticipated.
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