Class 8 truck orders in July reached 20,000 for the first time in six months as growing freight demand created a need for more equipment despite economic uncertainty over the coronavirus pandemic.
FTR Transportation Intelligence reported a 28% month-over-month increase. It pegged the rolling 12-month average for orders at 168,000, up from 159,000.
“The order activity for both June and July was more robust than expected and is good news for the equipment producers,” said Jonathan Starks, FTR chief...
https://www.freightwaves.com/news/freight-demand-drives-up-class-8-truck-orders-in-july