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Class 8 Orders Down Despite Strong Demand

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.

Truck and Trailer Markets: Red Tags Holding Sway

Given the ongoing kinks in the global supply chain and the rise in domestic freight demand, OEMs won’t catch up with demand until 2023, according to FTR's Don Ake. That’s why FTR’s equipment outlook calls for pent-up demand to continue into 2022 — and possibly into 2023.

Trailer Makers Struggle to Meet High Demand

With fleets "desperate for new dry vans," trailer makers continue to struggle to increase production rates to meet high demand in the face of supply chain, staffing, and material shortage issues.

FTR: May Trucking Conditions Remained Positive

Stronger freight rates would have pushed FTR’s Trucking Conditions Index to a third straight record, but those gains were offset by a swing in diesel prices. Still, conditions were robust.

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