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ACT Research

According to ACT Research, June’s preliminary North American Class 8 net orders rose 139% over May with 16,000 units. Compared to last June, orders were also up by 23%.

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Freight Rates Plummet, Small Fleets Struggle

As stay-at-home orders in response to the COVID-19 pandemic took hold across much of the country in the latter part of March, the level of freight available – and the rates to haul it – plummeted. This means many of the smallest companies that make up the vast majority of motor carriers are seriously hurting.

ACT, FTR Report Drop in Class 8 Orders

Preliminary reports from both ACT Research and FTR show that North American Class 8 orders for February fell 18-20% from January. Both reported a total drop of 14,100 units.

January Class 8, Medium-Duty Truck Orders Dip

North American Class 8 orders for January are down month over month but up year over year, according to both FTR and ACT Research. Following a consistent trend over the last four months of averages of 19,000 trucks, January totals dropped to 17,700 units. ACT reports show a similar drop in medium-duty.