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Class 8 truck orders increased by a good amount in July, indicating a growing confidence in the market, according to analysis from FTR and ACT Research.
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The number of used Class 8 trucks sold rose by 6% to 2,643 units in June, according to a report from ACT Research.
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Orders for heavy-duty vehicles in June were slightly off May's pace, while a factory move helped drive medium-duty truck orders down during the month.
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North American Class 8 truck orders fell for the fourth straight month in June, to 19,624 units, according to preliminary data from FTR, keeping with seasonal trends.
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Used Class 8 truck sales in May fell 11% compared with the previous month, to 2,496 units, according to the latest report from ACT Research.
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Class 8 truck orders were down in May with just over 20,500 units moved in the month, according to the latest numbers from ACT Research.
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Class 8 truck orders hit their lowest monthly level since late 2013 with around 20,000 units ordered while medium-duty orders rebounded.
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Net orders for Class 8 trucks fell to just over 22,400 units in April, the lowest amount since November 2013, according to ACT Research.
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The total reported volume of Class 8 truck sales in April remained nearly unchanged month to month but were up 1% to 2,806 units, according the latest report by ACT Research.
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April Class 8 truck orders were down compared to March as well as to the previous year, according to preliminary data, but the drop was not unexpected.
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