Month-over-month orders for Class 8 trucks nearly doubled in August. But fleets are still not getting all the new equipment they want, even in a slowing economy.
FTR reported preliminary North American Class 8 net orders for August jumped 98% over July to 21,400 units as OEMs began to fill build slots for the first quarter of 2023. But caution remains to avoid a repeat of late-2021 cancellations due to overbooking colliding with supply shortages.
“OEMs felt the need to start filling in their Q1...
https://www.freightwaves.com/news/class-8-bookings-rebound-in-august-as-oems-crack-open-orderbooks