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While Class 8 orders in November fell well off September’s 56,000-unit record, the year is still recording gains compared to 2021 levels.
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Find out why FTR's CEO Jonathan Starks says trailer manufacturers seem to have found themselves in a "goldilocks environment."
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“Trucking companies that managed their businesses well during the good times should remain healthy and outperform those that had relied on a robust market to remain afloat,” FTR officials predict.
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September order activity is further testimony that there remains a tremendous level of pent-up demand for Class 8 trucks, FTR officials said.
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Is the U.S. in a recession? The usual measures of the country's economic health have been rendered unreliable by the continued fallout from the COVID-19 pandemic. Two experienced trucking analysts share what they're seeing in the numbers.
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North American Class 8 net orders for August jumped 98% month-over-month to 21,400 units, according to FTR.
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Fuel and financing costs and freight rates caused a decline in the trucking market in June.
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Sharp increases in diesel prices during May offset slightly improved freight market conditions for carriers.
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What do inflation, inventories, employment numbers, freight rates and more mean for trucking's outlook?
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OEMs are working to increase Class 8 truck build rates, however key components remain in short supply and continue to limit production.
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