Class 8 truck orders fell in January as manufacturers matched orders to what they could produce while avoiding further swelling of their backlogs.
A lack of visibility into supply chain bottlenecks makes caution the common theme among OEMs. Most are focused on finishing and shipping red-tagged trucks that piled up in inventory in 2021. Demand for new trucks far outstrips supply, a condition unfamiliar to an industry where the opposite is most often true.
Watch now: Recapping 2021 Class 8 truck...
https://www.freightwaves.com/news/supply-chain-weakness-hits-january-class-8-truck-orders