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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.

FTR: Trucking Conditions Hanging Tight

Weaker spot rates are mainly to blame for a dip in the latest FTR Trucking Conditions Index, which tracks the industry via freight volumes, freight rates, fleet capacity, fuel price, and financing

FTR: 2019 Freight Market 'Steadier' Than it May Seem

While it’s been a challenging year for the trucking industry in some ways, comparisons to the runaway market of 2017-2018 may make it seem worse than it is. In their monthly State of Freight webinar Dec. 12, the transportation intelligence analysts at FTR discussed the top trends affecting freight volumes and rates.

Class 8 Truck Sales Forecast to Rebound in 2021

From what happened this year to what is projected to happen next year sales-wise, the heavy-duty truck market will be set up for a “modest rebound in 2021 followed by growth into 2023,” according to Act Research.