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Sixty-two percent of the fleet executives responding to the Q1 2014 Fleet Sentiment survey conducted by CK Commercial Vehicle Research in January indicated they planned to place orders for Class 8 trucks in the next three months.
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December was the second biggest Class 8 order month since March 2006, with orders up roughly 50% month-over-month and year-over-year. Meanwhile, medium-duty December net orders fell month-over-month; but year-over-year orders were mixed, with Classes 6 to 7 rising 20% and Class 5 orders falling 16% against tough comparisons.
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December North American Classes 5-7 net orders are expected at 14,200 units and Class 8 net orders are expected at 31,800 units, when actual data are released mid-month.
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Is trucking in for a transformation? Many believe that long-haul trucking will become less important as regional operations grow and intermodal takes over more long-haul freight, and that will change the type of heavy-duty tractor bought by many trucking companies.
Read More →After a high-side surprise in October, Class 8 orders provided some low-side disappointment in November. For the month, new and net orders were 22,231 and 21,255 units, respectively.
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November Class 8 truck orders totaled 20,915, the second consecutive month above the 20,000 mark, according to preliminary data from transportation forecasting firm FTR. However, the company notes that was below expectations.
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As expected from the preliminary report, Classes 5-8 orders were strong in October. This updated status of the North America commercial vehicle market was included in the State of the Industry report, recently released by ACT Research Co.
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FTR and ACT Research released preliminary data showing October Class 8 net orders were up for October. FTR reported that Class 8 preliminary orders rose 39% from September to 25,960 units.
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All That's Trucking Blog: Could we see a re-emergence of Class 8 cabovers in the U.S. and Canada? A couple of Canadian fleets appear to be interested in them for improved freight efficiency, but an exec from the one company that's still making them doesn't think drivers would stand for it.
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September is typically the second weakest order month of the year for Class 8, so modest activity was expected, reports ACT Research. Class 8 net orders were 19,018 units, and there also was a spike in cancellations.
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