Muted Class 8 truck orders in October were more about long lead times than soft orders.
For the fourth month in the last five, preliminary tractor orders fell below 28,000 as manufacturers struggled to complete trucks missing semiconductors and a host of other parts, pushing 2021 orders into the middle of next year.
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“With backlogs stretching into the second half of 2022 and still no clear visibility on the easing of the everything shortage, modest...