Preliminary net Class 8 truck orders in December were the fourth highest in history at 50,900 units.
The surge in bookings reflects continued demand for consumer goods, an awakening of the manufacturing sector and robust fleet profits from tight freight capacity. A driver shortage is worsened by closed driving schools. Other drivers are sidelined because they failed drug tests. All of these factor into higher per-mile freight rates.
“As we at ACT [Research] can often be heard saying, ‘When...
https://www.freightwaves.com/news/december-class-8-orders-rank-fourth-highest-in-history