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HDT’s editors reflect on what trend, event, person, or company was in our headlines the most and had the greatest impact on the trucking industry.
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The low order total in November is not due to any lack of demand, but rather due to the uncertainty in the supply chain.
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Supply chain constraints and component shortages continue to put pressure on North American Class 8 orders, with orders down about 39% year-over-year.
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September’s Class 8 order number is not a true indicator of 2022 truck demand, FTR’s Don Ake said, because OEM are delaying entering order until the health of the supply chain improves.
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North American Class 8 orders in July were between 25,800 to 26,500 units, virtually unchanged compared to June’s orders.
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With 2021 truck order backlogs filled, and 2022 orderbooks not fully opened, orders continue to align with expectations driven by the supply of open build slots.
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As OEMs race to keep up with new truck demand and full order books, it’s possible the trucking industry could again log record order volumes when the OEMs open orders for 2022.
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The supply of new trucks remains restrained due to supply chain delays, therefore carriers continue to order at healthy rates to secure new equipment by year’s end, FTR officials said.
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The number of new Class 8 registrations in 2021 is expected to recover by more than 10% from 2020, IHS Markit officials said during a Work Truck Week 2021 virtual presentation.
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Kenworth launched its new T680 Next Generation on-highway flagship truck during a virtual unveiling Feb. 11, showcasing improved aerodynamics, driver-focused improvements, and technology advances such as a 15-inch digital screen dash display.
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